McLennan

Marsh McLennan to Host First Quarter Earnings Investor Call on April 18

Retrieved on: 
Thursday, March 21, 2024

Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, will announce first quarter financial results via news release on Thursday, April 18, 2024, before the market opens.

Key Points: 
  • Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, will announce first quarter financial results via news release on Thursday, April 18, 2024, before the market opens.
  • Following the news release, President and CEO John Doyle and CFO Mark McGivney will lead a teleconference with investors at 8:30 a.m. EDT.
  • The live audio webcast will be accessible on marshmclennan.com , and a replay will be available approximately two hours after the event.
  • Those interested in participating in the question-and-answer session may register here to receive the dial-in numbers and unique PIN to access the call.

A. Duie Pyle Executives Garner Top Industry Awards for Transformative Leadership in Supply Chain Operations

Retrieved on: 
Monday, March 11, 2024

WEST CHESTER, Pa., March 11, 2024 (GLOBE NEWSWIRE) -- A. Duie Pyle (Pyle), a premier, 100-year-old family-owned and operated provider of asset and non-asset-based supply chain solutions, today announces that three of its esteemed executives have been honored with top industry accolades for their exceptional contributions and exemplary leadership within the supply chain industry.

Key Points: 
  • WEST CHESTER, Pa., March 11, 2024 (GLOBE NEWSWIRE) -- A. Duie Pyle (Pyle), a premier, 100-year-old family-owned and operated provider of asset and non-asset-based supply chain solutions, today announces that three of its esteemed executives have been honored with top industry accolades for their exceptional contributions and exemplary leadership within the supply chain industry.
  • His leadership approach, centered on individual strengths and leveraging technology, has positioned Pyle as an employer of choice in the logistics industry.
  • Her commitment to Pyle and the broader supply chain industry is unparalleled, exemplified by her instrumental roles in various key positions contributing to the company's evolution and success over the years.
  • “Kris and Anna have been pillars of our team, each making invaluable contributions since they joined us,” said Frank Granieri, COO of supply chain solutions at Pyle.

Unity insurance facility expanded to cover all shipping to and from Ukrainian ports

Retrieved on: 
Friday, March 1, 2024

Unity now provides affordable war risk insurance for ships carrying all non-military cargo – such as iron ore, steel, and containerised shipping – and underpins Ukraine’s wider maritime export ecosystem.

Key Points: 
  • Unity now provides affordable war risk insurance for ships carrying all non-military cargo – such as iron ore, steel, and containerised shipping – and underpins Ukraine’s wider maritime export ecosystem.
  • In addition to grain, Unity now provides cover for Ukraine’s other leading export industries including iron ore, steel, electrical equipment, and animal fodder.
  • Underwritten by insurers based at Lloyd’s and other London-based insurers, and led by Ascot, Unity provides up to US$50 million in hull and P&I war risk insurance.
  • New partnerships between the public and private sector, including the expansion of the Marsh Unity facility, are the hallmark of the Lloyd’s market, bringing insurance experts and policymakers together to solve complex risks.”

Marsh McLennan Announces Pricing of $1,000,000,000 Senior Notes Offering

Retrieved on: 
Wednesday, February 14, 2024

Marsh McLennan (NYSE: MMC) (the “Company”) announced today that it has priced $500,000,000 aggregate principal amount of its 5.150% Senior Notes due 2034 (the “2034 Notes”) and $500,000,000 aggregate principal amount of its 5.450% Senior Notes due 2054 (the “2054 Notes” and, together with the 2034 Notes, the “Notes”).

Key Points: 
  • Marsh McLennan (NYSE: MMC) (the “Company”) announced today that it has priced $500,000,000 aggregate principal amount of its 5.150% Senior Notes due 2034 (the “2034 Notes”) and $500,000,000 aggregate principal amount of its 5.450% Senior Notes due 2054 (the “2054 Notes” and, together with the 2034 Notes, the “Notes”).
  • The Company intends to use the net proceeds from the Notes offering for general corporate purposes.
  • The closing of the Notes offering is expected to occur on February 20, 2024, subject to the satisfaction of certain customary closing conditions.
  • The offering and sale of the Notes are being made by means of a prospectus supplement and an accompanying base prospectus related to the offering.

Marsh McLennan Reports Fourth Quarter and Full-year 2023 Results

Retrieved on: 
Thursday, January 25, 2024

Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, today reported financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, today reported financial results for the fourth quarter and year ended December 31, 2023.
  • John Doyle, President and CEO, said: "Our fourth quarter results highlight a strong finish to another outstanding year for Marsh McLennan.
  • Consolidated revenue in the fourth quarter of 2023 was $5.6 billion, an increase of 11% compared with the fourth quarter of 2022, or an increase of 7% on an underlying basis.
  • A conference call to discuss fourth quarter 2023 results will be held today at 8:30 a.m. Eastern time.

World Business Chicago Announces Appointment of Charles E. Smith as Vice Chair

Retrieved on: 
Monday, January 22, 2024

CHICAGO, Jan. 22, 2024 /PRNewswire/ -- World Business Chicago (WBC) announces the appointment of Charles E. Smith as its new Vice Chair, succeeding Mellody Hobson, who served with distinction since 2019. As the Chief Executive Officer of CS Insurance Strategies, a Marsh and McLennan Company specializing in comprehensive commercial insurance brokerage services, Smith brings a formidable business background to this role.

Key Points: 
  • CHICAGO, Jan. 22, 2024 /PRNewswire/ -- World Business Chicago (WBC) announces the appointment of Charles E. Smith as its new Vice Chair, succeeding Mellody Hobson, who served with distinction since 2019.
  • Mayor Johnson, who serves as chair of WBC, expressed his support for this appointment, stating, "Charles Smith is an outstanding business leader.
  • "Serving as Vice Chair of World Business Chicago has been an honor, and I am confident that Charles Smith will infuse fresh insights and vitality into this crucial role," Hobson said.
  • Michael Fassnacht, outgoing president and chief executive officer of World Business Chicago expressed his support for the selection, "I thank Mayor Johnson for choosing Charles as Vice Chair, and I look forward to continuing to serve with him on the World Business Chicago Board," he said.

Marsh McLennan to Host Fourth Quarter Earnings Investor Call on January 25

Retrieved on: 
Tuesday, January 2, 2024

Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, will announce fourth quarter financial results via news release on Thursday, January 25, 2024, before the market opens.

Key Points: 
  • Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, will announce fourth quarter financial results via news release on Thursday, January 25, 2024, before the market opens.
  • Following the news release, President and CEO John Doyle and CFO Mark McGivney will lead a teleconference with investors at 8:30 a.m. EST.
  • The live audio webcast will be accessible on marshmclennan.com , and a replay will be available approximately two hours after the event.
  • Those interested in participating in the question-and-answer session may register here to receive the dial-in numbers and unique PIN to access the call.

LastPass Names Don MacLennan Chief Product Officer

Retrieved on: 
Monday, December 18, 2023

LastPass today announced that Don MacLennan has been appointed Chief Product Officer (CPO).

Key Points: 
  • LastPass today announced that Don MacLennan has been appointed Chief Product Officer (CPO).
  • MacLennan will lead product strategy, product management, user experience design, and product operations.
  • At LastPass, MacLennan will be tasked with developing a robust overarching product vision and strategy and partnering with the LastPass leadership team to define future roadmap(s) to create groundbreaking products that meet and exceed customer needs.
  • “I’m thrilled to join LastPass to help accelerate the development of the LastPass product.”

Marsh McLennan Develops New Generative AI Tool

Retrieved on: 
Tuesday, November 21, 2023

Marsh McLennan [NYSE:MMC] and its business Oliver Wyman, a global leader in management consulting, announced today the launch of a new Generative AI tool for colleagues.

Key Points: 
  • Marsh McLennan [NYSE:MMC] and its business Oliver Wyman, a global leader in management consulting, announced today the launch of a new Generative AI tool for colleagues.
  • The tool, called LenAI, was developed by Marsh McLennan’s Dublin Innovation Center in collaboration with Oliver Wyman Digital and is available to Marsh McLennan’s more than 85,000 colleagues worldwide.
  • Its Marsh business is helping clients identify, mitigate, and transfer the risks of generative AI, while Mercer is consulting with clients on how to navigate the impact of generative AI in the world of work.
  • For more information about LenAI and Marsh McLennan businesses’ AI insights and capabilities, please visit This Moment on marshmclennan.com.

McLennan Community College Expands Accessibility With the Addition of the YuJa Panorama Digital Accessibility Platform

Retrieved on: 
Tuesday, November 21, 2023

McLennan Community College has expanded its commitment to accessibility for all learners with the addition of the YuJa Panorama Digital Accessibility Platform, a high-impact digital accessibility solution for higher education.

Key Points: 
  • McLennan Community College has expanded its commitment to accessibility for all learners with the addition of the YuJa Panorama Digital Accessibility Platform, a high-impact digital accessibility solution for higher education.
  • The Platform will be used in addition to the YuJa Enterprise Video Platform, which combines to create an all-in-one media creation and accessibility solution.
  • YuJa Panorama will help instructors and course creators pinpoint and correct accessibility issues, as well as improve the learning experience by driving inclusivity for all learners.
  • “McLennan Community College has been using YuJa’s Video Platform for several years.