Marsh Forms Marsh & McLennan Agency to Serve Small & Emerging Growth U.S. Businesses

NEW YORK--(Business Wire)--
Marsh today announced that it has formed Marsh & McLennan Agency
LLC, a new business dedicated to serving the insurance needs of small
and emerging growth U.S. companies. The agency will conduct its
business separately from Marsh's insurance brokerage operations.

"This is a very exciting step in the growth of our United States
operations," said Dan Glaser, chairman and CEO of Marsh.

"We recognize that large and small organizations expect distinctly
different insurance buying experiences. We have established Marsh &
McLennan Agency, a subsidiary of Marsh USA, to address those
distinctions," said Joe McSweeny, president of the U.S. / Canada
Division of Marsh.

Jack Butcher, president and CEO of the newly formed agency,
stated, "Our vision for Marsh & McLennan Agency is to be one of the
premiere insurance agencies in the United States, offering commercial
property and casualty, directors & officers liability, surety,
employee benefits and personal lines products to customers through a
dedicated sales and service force in retail locations across the U.S.
By combining the product and service capabilities of chosen insurance
companies with our industry expertise, our dedicated teams will
deliver local customer service focus, valuable insurance market
relationships, and access to global resources."

Marsh & McLennan Agency will begin operating in the first quarter
of 2009 in select cities across the United States.

"We believe that the Marsh & McLennan Agency will be a positive
development for insurance buyers and anticipate that the agency will
be able to offer customers favorable coverage at competitive rates, as
well as differentiated insurance solutions," Mr. McSweeny added.

Marsh has more than 24,000 employees and provides advice and
transactional capabilities to clients in over 100 countries. Marsh is
a unit of Marsh & McLennan Companies (MMC), a global professional
services firm with more than 55,000 employees and annual revenue
exceeding $11 billion. MMC also is the parent company of Guy
Carpenter, the risk and reinsurance specialist; Mercer, the provider
of HR and related financial advice and services; Oliver Wyman, the
management consultancy; and Kroll, the risk consulting firm. MMC's
stock (ticker symbol: MMC) is listed on the New York, Chicago and
London stock exchanges. MMC's Web Site is www.mmc.com. Marsh's Web
site is www.marsh.com.

Marsh
Al Modugno, 212-345-2448
alfred.j.modugno@marsh.com

Copyright Business Wire 2008