A unit of brokerage powerhouse Marsh & McLennan Companies Inc. waded deeper into the worksite market with one of eight acquisitions made since November 2009 to build a national platform that serves the employee benefits needs of middle-market companies.
This growth strategy has enabled Marsh & McLennan Agency LLC (MMA) to become the nation’s 12th largest insurance agency with about $285 million in annual revenue.
MMA, a subsidiary of Marsh Inc., is on a buying spree that recently included
Other firms that have been added into the MMA fold include Insurance Alliance, The NIA Group, Haake Cos., Thomas Rutherfoord Inc., Bostonian Group, Strategic Benefit Solutions, Inc. and RJF Agencies Inc. These acquisitions were described in one