Marsh & McLennan Agency Acquires Great Lakes Employee Benefit Services
03 2월 2014 - 10:00PM
Business Wire
Acquisition Expands MMA’s Michigan Presence
Marsh & McLennan Agency LLC (MMA), a subsidiary of Marsh
LLC, today announced that it has acquired Great Lakes Employee
Benefit Services, an employee group benefits consulting and
brokerage firm based in Troy, Michigan. Terms of the transaction
were not disclosed.
Founded in 1997 by Joseph Coan and Jim Scoggin, Great Lakes
Employee Benefit Services has annual revenues of approximately $3.4
million. The firm offers strategic benefit consulting services to
publicly and privately held midsize organizations nationwide,
including manufacturers, financial services, communications, higher
education, and healthcare organizations.
Great Lakes will combine with MMA’s existing Michigan office,
known locally as McGraw Wentworth, further expanding MMA’s presence
within the state and the upper Midwest region. Great Lakes’
employees, including Messrs. Coan and Scoggin, will move to McGraw
Wentworth’s headquarters in the second quarter of 2014.
“Joining MMA is the right fit for Great Lakes, our employees,
and our clients. Our founding principles are echoed in the MMA
agency structure, service model, and workplace culture,” Mr.
Scoggin said. “We look forward to joining MMA and McGraw Wentworth
and gaining access to additional resources and expertise for our
clients.”
“We have long respected Jim, Joe and the entire Great Lakes
team,” said Thomas McGraw, president of McGraw Wentworth. “We
welcome them to the MMA organization and look forward to combining
our local resources to support our clients’ group benefits needs
and priorities.”
Commenting on the transaction, David Eslick, chairman and CEO of
Marsh & McLennan Agency said: “Great Lakes Employee Benefit
Services is a terrific addition to our growing national roster of
high-performing firms that comprise Marsh & McLennan Agency. I
welcome Joe Coan, Jim Scoggin, and the rest of the team to
MMA.”
About Marsh & McLennan Agency
Marsh & McLennan Agency LLC, a subsidiary of Marsh, was
established in 2008 to meet the needs of midsize businesses in the
U.S. MMA operates autonomously from Marsh to offer commercial
property, casualty, personal lines, and employee benefits to
clients across the U.S.
About Marsh
Marsh is a global leader in insurance broking and risk
management. We help clients succeed by defining, designing, and
delivering innovative industry-specific solutions that help them
effectively manage risk. We have approximately 27,000 colleagues
working together to serve clients in more than 100 countries. Marsh
is a wholly owned subsidiary of Marsh & McLennan Companies
(NYSE:MMC), a global professional services firm offering clients
advice and solutions in the areas of risk, strategy, and human
capital. With more than 54,000 employees worldwide and
approximately $12 billion in annual revenue, Marsh & McLennan
Companies is also the parent company of Guy Carpenter, a global
leader in providing risk and reinsurance intermediary services;
Mercer, a global leader in talent, health, retirement, and
investment consulting; and Oliver Wyman, a global leader in
management consulting. Follow Marsh on Twitter @Marsh_Inc.
MarshSally Roberts, 303-952-9453sally.roberts@marsh.comorMcGraw
WentworthRyan Bowers, 248-822-6231rbowers@mcgrawwentworth.com
Marsh and McLennan Compa... (NYSE:MMC)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024
Marsh and McLennan Compa... (NYSE:MMC)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024
