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Slide #24. Mercer, a subsidiary of Marsh & McLennan Companies — Transition Assist
Mercer, a subsidiary of Marsh & McLennan Companies (NYSE:MMC)
Mercer, a subsidiary of Marsh & McLennan Companies, has reached a definitive agreement to purchase Transition Assist, a retiree exchange specializing in helping retirees in employer-sponsored plans select Medicare supplemental health care insurance. The retiree exchange offers solutions through a licensed call center and professionally-trained benefits counselors. Transition Assist will become part of the full suite of solutions offered by Mercer Marketplace.
Marsh & McLennan Companies is a holding company. Through its subsidiaries, Co. is engaged as a services firm in the areas of risk, strategy and people. Co. conducts business through two segments: Risk and Insurance Services, which includes risk management activities (risk advice, risk transfer and risk control and mitigation solutions) as well as insurance and reinsurance broking and services and Co. conducts business in this segment through Marsh and Guy Carpenter; and Consulting, which includes health, wealth and career services and products, and other management, economic and brand consulting services and Co. conducts business in this segment through Mercer and Oliver Wyman Group.
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