Marsh, a global leader in insurance broking and risk management, today announced that leading rural and financial services provider, Landmark Operations Limited (Landmark), is to become an authorised representative of its Marsh Advantage Insurance (MAI) network. Under the agreement, approximately 80 of Landmark’s insurance brokers will offer the services and solutions of MAI in more than 250 rural and regional locations across New South Wales, Victoria, Queensland, Tasmania and South Australia.
Landmark, which has been operating in Australia for 150 years, offers merchandise, fertiliser, farm services, wool, livestock, finance, insurance and real estate services and advice. Its insurance arm serves over 65,000 clients through an extensive national network.
“We want to ensure that businesses have access to the very best risk and insurance advice to help them navigate the uncertainties of today’s environment wherever they are located,” said Travis Kemp, executive director, Marsh Advantage Insurance. “This agreement with Landmark will enable their clients to benefit from access to Marsh’s unrivalled global expertise, services, and solutions delivered locally by brokers that understand their business.”
Tommy Warner, managing director, Landmark, commented: “Landmark has a long history of servicing rural Australia and we have a strong and loyal client base. The agreement with MAI will further strengthen and enhance the offering we have built up over many years across rural and regional Australia, and present one of the most comprehensive risk and insurance offerings in the local market.”
As part of the agreement, Landmark will continue its long-standing relationship with CGU, Insurance Australia Group’s commercial, rural and personal lines-focused subsidiary and will work with MAI to develop market leading insurance solutions for Landmark’s clients.
Marsh is a global leader in insurance broking and risk management. Marsh helps clients succeed by defining, designing, and delivering innovative industry-specific solutions that help them effectively manage risk. Marsh’s approximately 30,000 colleagues work together to serve clients in more than 130 countries. Marsh is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global professional services firm offering clients advice and solutions in the areas of risk, strategy, and people. With annual revenue of US$13 billion and approximately 60,000 colleagues worldwide, Marsh & McLennan Companies is also the parent company of Guy Carpenter, a leader in providing risk and reinsurance intermediary services; Mercer, a leader in talent, health, retirement, and investment consulting; and Oliver Wyman, a leader in management consulting.