Word: mclennan
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...With Jockey Willie Hartack beating out his usual rib-rattling tattoo (TIME, Feb. 10). Calumet Farm's Iron Liege sprinted home by half a length at Florida's Hialeah to win the $65,700 McLennan Handicap and Calumet stable's first major purse of the 1958 racing season...
Hermon D. Smith '21, of Lake Forest, Ill., and president of the Chicago insurance firm of Marsh and McLennan, has been elected president of the Harvard Alumni Association for the coming year...
...clot that almost killed Summer Tan as a two-year-old might have had lasting effects were lost when Mrs. John Galbreath's great bay horse galloped down the stretch at Hialeah to put away Calumet Farms's Bardstown by three lengths and win the $60,900 McLennan Handicap...
...special insurance problem was all in a day's work for Marsh & McLennan. "We insure anything," says President Herman Dunlap ("Dutch") Smith. Like Lloyds of London, M. & M. has grown big (2,720 employees, offices in 29 U.S. and foreign cities) by never turning down an acceptable risk, will as gladly work out insurance for a $20,000 cotton shipment as a $2,000,000 offshore oil-drilling rig, or a $20 million pipeline. While M. & M. does not carry the actual fire, casualty, loss, or accident insurance itself, it acts as an expert broker, helping companies place their...
When Marsh & McLennan was founded in 1871, insurance policies were still written in longhand, and the agent rash enough to book as much as $5,000 subject to a single loss was nicknamed "jumbo." But Henry W. Marsh, an agile, fast-talking supersalesman, and Donald R. McLennan, a careful technician who knew how to make salesmanship pay off, soon changed all that. M. & M. advised the Moore Brothers' Diamond Match Co. and National Biscuit Co. empire, won the insurance account for what later became U.S. Steel, convinced the Great Northern Railway that it should place its first comprehensive insurance...