/Marsh%20%26%20McLennan%20Cos_%2C%20Inc_%20on%20latop%20by-monticello%20via%20Shutterstock.jpg)
New York City-based Marsh & McLennan Companies, Inc. (MMC) is a global leader in professional services specializing in risk, strategy, and people solutions. With a market cap of $111.9 billion, MMC provides various services, including risk management, insurance broking, consulting, and investment advisory. Renowned for its extensive expertise and innovative solutions, the company supports businesses and organizations worldwide in navigating complex challenges and achieving sustainable growth.
Shares of Marsh & McLennan have gained 14.8% over the past 52 weeks, underperforming the broader S&P 500 Index ($SPX), which rallied nearly 31.3%. In 2024, MMC shares are up 21.8% on a YTD basis, lagging behind the SPX's 25.5% gain.