MARSH & McLENNAN ANNOUNCES OPENING OF THE MARSH & McLENNAN INNOVATION CENTRE
DUBLIN, May 28, 2015 — Marsh & McLennan Companies, Inc. (NYSE: MMC) and IDA Ireland today announced the opening of the Marsh & McLennan Innovation Centre in Dublin, Ireland. The Innovation Centre will be a data and analytics development platform for Marsh & McLennan’s businesses – Marsh, Guy Carpenter, Mercer and Oliver Wyman – to deliver industry-leading digital solutions to clients.
The project is supported by the Department of Jobs through IDA Ireland.
“We are proud to launch the Marsh & McLennan Innovation Centre in Dublin as part of our efforts to develop the next generation of data-driven technologies and analytics across our Company,” said Dan Glaser, President & Chief Executive Officer of Marsh & McLennan. “With nearly 600 employees in Ireland, Marsh & McLennan has benefited over the last four and a half decades from the skilled and global workforce in Ireland and the country’s culture of advancing technology and innovation.”
The Innovation Centre is the first of its kind for Marsh & McLennan and reinforces the Company’s drive for continuous innovation and industry leadership. The Company has expanded the responsibilities of its Chief Technology Officer, David Fike, to include serving as President of the Innovation Centre. Mr. Fike relocated to Dublin late last year. Marsh & McLennan’s Innovation Centre is expected to create up to 100 highly skilled jobs.
“Marsh & McLennan is an industry leader with a strong, established presence in the Irish economy, and this announcement builds on Ireland’s global reputation in research, development and innovation,” said An Taoiseach Enda Kenny TD. “The Irish Government has made a clear commitment to supporting this sector of the economy by providing funding and support to fuel innovation across industry, research and education. For our part, the Government will continue to implement the Action Plan for Jobs to secure the economic recovery through strong job creation.”
Minister for Jobs, Enterprise and Innovation Richard Bruton TD said: “Data analytics is a sector which we have targeted as part of our Action Plan for Jobs, and in recent years we have seen an impressive jobs performance in this area. Marsh & McLennan is an innovative and dynamic company and a leader in its industry. Through the Action Plan for Jobs and with IDA Ireland, we will continue to support this trend to win new jobs for Ireland.”
“Marsh & McLennan has a history in Ireland dating back to 1971,” said Martin Shanahan, CEO of IDA Ireland. “Marsh & McLennan’s investment in an Innovation Centre in Dublin affirms Ireland’s standing as a leading location for professional services companies to invest, innovate and transform through our highly skilled and talented workforce.”
About Marsh & McLennan Companies
MARSH & McLENNAN COMPANIES (NYSE: MMC) is a global professional services firm offering clients advice and solutions in the areas of risk, strategy and people. Marsh is a leader in insurance broking and risk management; Guy Carpenter is a leader in providing risk and reinsurance intermediary services; Mercer is a leader in talent, health, retirement, and investment consulting; and Oliver Wyman is a leader in management consulting. With annual revenue of $13 billion and 57,000 colleagues worldwide, Marsh & McLennan Companies provides analysis, advice and transactional capabilities to clients in more than 130 countries. The Company is committed to being a responsible corporate citizen and making a positive impact in the communities in which it operates.
