Marsh’s Private Client Services

Specialties

PCS is a select group of Marsh professionals who represent the next generation of risk management resources for individuals and families of significant means. This group supports advisors who seek new strategies and resources to expand their inventory of services for high net worth clients and, as importantly, deepen their influence across generations.

We are a single-​source solution for high net worth clients, dedicated to helping provide protection across a complete spectrum of risk. PCS responds to high net worth needs including kidnap and ransom; life and health change events; small business events; high value home and auto insurance; and high-​profile lifestyles.

History

Established in 1914.

When Henry R. Marsh and Donald R. McLennan owned the Boston-​based insurance brokerage firm that won the Canadian Pacific Railway (CPR) fire insurance account, one requirement was to create a service branch in Montréal, thus establishing the company’s first office outside the U.S.

In 1914, the office officially opened, and Canadian Pacific Railway appointed the Montréal operations of Marsh & McLennan as broker for its marine business as well. Because of their limited experience in this area, Marsh & McLennan acquired Parson & Eggert, a marine specialist firm, paving the way for Marsh Canada Limited to become the world’s largest marine insurance broking operation. The Canadian presence continued to expand in 1927 when John Cochrane opened a Vancouver office to service two large pulp and paper accounts.