Hello everyone and welcome to Ed Barron's. I'm Andy Surwer. And welcome to our guest, John Doyle,

CEO of Marsh McLennan. John, great to see you. Thanks for joining us. Thanks for having me, Andy. It's good to meet you.

So you just did a big acquisition, McGriff insurance for 7.75 billion reportedly.

Tell us about that.

It's an exciting opportunity for us, Andy.

It's a business that I've known a long time, admired a long time,

3,500 colleagues in the United States, primarily in the southeast and the southern part of the U.S. and out west a bit.

It expands our presence into the middle market.

They bring deep industry and specialty capabilities to their clients,

and so it's a terrific opportunity for us to, again, extend our reach into the middle market, which we really like a lot.

It's a big part of our business and a fast growing part of our business.

And we can bring scale benefits to that client set.

And so we're excited about the possibility.

We just closed on November 15th.

So we're just beginning to discover all the possibilities. Marsh McClain has four different businesses, which we'll get to, but this is the insurance brokerage business, right?

That's right. We have an agency business in the United States that's primarily focused at the middle market.

And then Marsh as well focuses on upper middle market and larger multinationals all over the world.

And you're the biggest player in that specific industry.

And it's a great business.

I mean, why is that such a good business, John?

Well, it's a terrific business for a lot of reasons, and I would start with the purpose behind our business,

which is enabling our clients to have the confidence

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