Add-on Acquisition • Insurance

Marsh & McLennan Acquires Sedgwick Group

On November 12, 1998, Marsh & McLennan acquired insurance company Sedgwick Group

Acquisition Context
  • This is Marsh & McLennan’s 1st transaction in the Insurance sector.
  • This is Marsh & McLennan’s 1st transaction in the United Kingdom.

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M&A Deal Summary

Date November 12, 1998
Target Sedgwick Group
Sector Insurance
Buyer(s) Marsh & McLennan
Deal Type Add-on Acquisition

Target Company

Sedgwick Group

London,, United Kingdom
Sedgwick Group Plc is a provider of insurance and reinsurance broking services, risk consulting, employee benefits consulting, and related financial services.
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Buyer Overview 1

Buyer

Marsh & McLennan

New York, New York, United States

Category Company
Founded 1871
Sector Insurance
Employees90,000
Revenue 24.5B USD (2024)
DESCRIPTION

Marsh & McLennan is a global professional services firm offering clients advice and solutions in risk, strategy and people. Marsh & McLennan was established in 1871 and is based in New York, New York.


Deal Context for Buyer #
Overall 1 of 17
Sector: Insurance 1 of 14
Type: Add-on Acquisition 1 of 16
Country: United Kingdom 1 of 4
Year: 1998 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-11-20 Axis Capital

Pembroke, Bermuda

Axis Capital is a provider of specialty-lines insurance and treaty reinsurance for customers around the world. Axis maintains operating subsidiaries in Bermuda, Ireland, and the United States. Axis Capital was founded in 2001 and is based in Pembroke, Bermuda.

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