Marsh & McLennan Agency Acquires Senn Dunn Insurance
02 6월 2014 - 10:35PM
Business Wire
Acquisition Significantly Enhances MMA’s
Presence in North Carolina
Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance
broker Marsh LLC, today announced that it has acquired Senn Dunn
Insurance, the largest independent insurance agency in North
Carolina. Terms of the transaction were not disclosed.
Founded in 1927, Senn Dunn has annual revenue of approximately
$30 million and 155 employees. Headquartered in Greensboro, North
Carolina, Senn Dunn provides a wide- range of property/casualty
insurance and employee benefit services to individuals and
businesses throughout the US. The firm has specific expertise in
the construction, education, environmental, social services, and
financial services industries.
All of Senn Dunn’s employees and leadership, including CEO T.
Gray McCaskill, will join MMA’s mid-Atlantic region and continue to
operate out of their five existing offices in North Carolina:
Greensboro, Raleigh, Charlotte, High Point, and Wilmington.
Commenting on the acquisition, Thomas R. Brown, vice chairman of
MMA’s mid-Atlantic region, said: “Senn Dunn’s exemplary leadership,
staff, and reputation for being a client-focused organization with
strong community ties make it an excellent addition to MMA’s
mid-Atlantic region. Together, we will be the preeminent risk
management firm in the state offering clients a vast array of
property/casualty and employee benefit services.”
“We are excited to begin a new chapter with the MMA team,” said
Senn Dunn’s Mr. McCaskill. “This transition is an excellent
opportunity to expand our reach, ensuring new opportunities for our
associates and more resources for our clients. Senn Dunn’s
commitment to our clients, our associates, and to our communities
will remain the foundation for all we do as we continue to provide
our clients with the world-class service and expertise they’ve come
to expect.”
David Eslick, chairman and CEO of Marsh & McLennan Agency,
added: “Senn Dunn is another great addition to the growing MMA
family. I welcome Gray McCaskill and the rest of the Senn Dunn team
to MMA and look forward to further growing our presence in the
Carolinas.”
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
US. MMA offers commercial property, casualty, personal lines, and
employee benefits to clients across the US.
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 @MarshGlobal.
Marsh & McLennan Agency LLCSally Roberts, 303-952-9453
sally.roberts@marsh.com orLee Ann Farwell, 212-345-1125
leeann.farwell@marsh.com
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