
What smart money is saying about Marsh & McLennan
4 funds in our archive have pitched Marsh & McLennan — most recently Oakmark Select Fund in March 2026.
Marsh & McLennan Companies (MMC) operates as a leading global professional services organization, delivering expert guidance and innovative solutions to clients worldwide across the critical domains of risk, strategic planning, and human capital. Its operations are bifurcated into two primary divisions: Risk and Insurance Services, and Consulting. The Risk and Insurance Services arm provides an extensive range of risk management capabilities, encompassing strategic risk advice, risk transfer mechanisms, and solutions for risk control and mitigation. This segment is also proficient in insurance and reinsurance brokerage, offers sophisticated catastrophe and financial modeling, delivers associated advisory services, and manages insurance programs. Its diverse clientele includes businesses, governmental bodies, insurance companies, associations, specialized professional service organizations, and private individuals. Conversely, the Consulting division specializes in advisory services and products related to health, wealth, and career development. It also extends its expertise to specialized management, economic analysis, and brand strategy consulting. Founded in 1871, Marsh & McLennan Companies, Inc. maintains its corporate headquarters in New York, New York.
Fund coverage · 4 theses
- Oakmark Select FundMarch 2026
Marsh & McLennan is the largest insurance broker with sustained margin expansion, efficiency initiatives, limited AI disruption risk, and an attractive mid-teens earnings multiple.
Read the full thesis - Harris Associates U.S. Large Value StrategyMarch 2026
Marsh & McLennan benefits from dominant positioning, margin expansion, and efficiency initiatives that support its long-term case.
Read the full thesis - BA Beutel Goodman U.S. Value FundMarch 2026
Marsh & McLennan is a capital-light market leader with recurring revenues, strong retention, and attractive valuation after derating.
Read the full thesis - DavenportDecember 2025
Marsh & McLennan Companies, Inc. is a capital-light insurance broker at a reasonable valuation with steady dividends, potential buybacks, and upside if growth normalizes.
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