The competition is getting intense at the top end of the global corporate market, with the big players adding a greater range of services to ensure they retain their clients by adding greater value.

Latest to move is New York-based Marsh & McLennan, which has acquired US risk mitigation services firm Kroll in a bid to “enhance its leadership position” in risk management services. The $2.7 billion all-cash acquisition will allow Marsh to access a range of services ranging from executive security to forensic accounting.

Marsh CEO and Chairman Jeffrey W Greenberg says Kroll will “broaden and deepen the capabilities of our businesses by adding services which clients need to reduce the impact of an adverse event”.

“It (Kroll) expands our capacity in several important sectors that complement our existing businesses, such as corporate restructuring, business intelligence and investigations, security services, employee screening, and electronic evidence and litigation support,” he said.