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Marsh & McLennan's (MMC) report emphasizes the role of AI in transforming leisure travel.
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--According to a new report published today by Marsh McLennan Agency, a subsidiary of Marsh, US-based mid-market business leaders view cyber, economic, and regulatory risks as posing the biggest threats to their operations in 2024. Marsh McLennan Agency's 2024 Business Insurance Trends Report is based on over 500 responses from primarily C-Suite executives at businesses with under 250 employees and between $10 million to $49 million in annual revenue. The repo.
NEW YORK , May 24, 2024 /PRNewswire/ -- Generative artificial intelligence (AI) has rapidly gained traction in leisure travel transforming the way consumers approach vacation planning just in time for summer, according to a new report from consulting firm Oliver Wyman, a business of Marsh McLennan (NYSE: MMC). The report, titled, Why Generative AI Is a Game Changer for Leisure Travel found that 41% of Americans and Canadians surveyed have used generative AI for either trip inspiration or itinerary planning, an increase from 34% in August 2023.
Marsh & McLennan's (MMC) is well-poised for growth on the back of increasing demand for services, revenue growth and margin expansion outlook.
NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy, and people, today announced the results of its 2024 Annual Meeting of Stockholders. Stockholders elected the entire slate of 2024 director nominees for a one-year term expiring at next year's annual meeting. The 11 directors are: Anthony K. Anderson, John Q. Doyle, Oscar Fanjul, H. Edward Hanway, Judith Hartmann, Deborah C. Hopkins, Tamara Ingram, Jane H. Lute, S.
Marsh & McClennan is the world's largest insurance broker and churns out consistent dividend raises. Mastercard is a master at making money and paying dividends.
Marsh & McLennan Companies has seen a 9.25% YoY increase in total revenues in Q1 2024. MMC's value proposition includes strong revenue growth, expense-base management, and substantial free cash flow growth. MMC is undervalued compared to its peers and has demonstrated strong growth potential, superior capital returns, and financial discipline.
Marsh & McLennan's (MMC) first-quarter results benefit on the back of solid Marsh business and higher revenues derived from Health and Wealth businesses, partly offset by higher compensation and benefits expenses.
Marsh & McLennan Companies, Inc. (NYSE:MMC ) Q1 2024 Earnings Conference Call April 18, 2024 8:30 PM ET Company Participants John Doyle - President & Chief Executive Officer Mark McGivney - Chief Financial Officer Martin South - Chief Executive Officer, Marsh Dean Klisura - Chief Executive Officer, Guy Carpenter Nick Studer - Chief Executive Officer, Oliver Wyman Pat Tomlinson - Chief Executive Officer, Mercer Conference Call Participants David Motemaden - Evercore ISI Jimmy Bhullar - JPMorgan Elyse Greenspan - Wells Fargo Greg Peters - Raymond James Michael Zaremski - BMO Capital Markets Yaron Kinar - Jefferies Meyer Shields - KBW Robert Cox - Goldman Sachs Operator Welcome to Marsh McLennan's Earnings Conference Call. Today's call is being recorded.
Marsh McLennan President and CEO John Doyle discusses first-quarter results that beat expectations and where he sees potential for further margin expansion. -------- More on Bloomberg Television and Markets Like this video?