Marsh McLennan to acquire McGriff Insurance Services from TIH for $7.75bn.

Marsh McLennan, a leader in risk, strategy and people, agreed to acquire McGriff Insurance Services, a provider of insurance broking and risk management services, from TIH, an insurance company, for $7.75bn. “McGriff is a business with excellent leadership, outstanding talent and a record of strong growth. The firm complements Marsh McLennan Agency’s capabilities and culture, and I am excited about future opportunities with them as part of our company,” John Doyle, Marsh McLennan President and CEO.