Marsh & McLennan Agency Acquires Employee Benefits Group
04 3월 2019 - 11:00PM
Business Wire
Acquisition Expands MMA’s Presence in the
Mid-Atlantic
Marsh & McLennan Agency LLC (MMA), the middle market agency
subsidiary of Marsh, today announced that it has acquired Employee
Benefits Group, Inc., a Bethesda, Maryland-based independent
insurance agency specializing in employee benefits and retirement
consulting. Terms of the transaction were not disclosed.
Founded in 1987, Employee Benefits Group (EBG) provides employee
health and welfare consulting and retirement consulting services to
clients throughout the Mid-Atlantic. EBG has 12 employees, all of
whom are joining MMA.
“We are excited to have the EBG team join MMA. They have
excelled at providing innovative employee health, benefit, and
retirement solutions to their clients. This combination will expand
our ability to serve clients in the greater Washington/Baltimore
region,” said John Stanchina, President and CEO of MMA’s
Mid-Atlantic Region.
“Joining MMA is the next step in our evolution,” said Dan
Glusica, founder and President of EBG. John Williams, Vice
President and co-founder, added: “As part of MMA, we will have
access to a wider array of services and solutions to meet the needs
of our clients, and our employees will have greater growth
opportunities.”
About Marsh & McLennan Agency
Marsh & McLennan Agency LLC is a subsidiary of Marsh
established in 2008 to serve as a platform for the middle market.
MMA offers commercial property, casualty, personal lines, employee
health & benefits and retirement consulting services to midsize
businesses and individuals across North America.
About Marsh
A global leader in insurance broking and innovative risk
management solutions, Marsh’s 30,000 colleagues advise individual
and commercial clients of all sizes in over 130 countries. Marsh is
a wholly owned subsidiary of Marsh & McLennan Companies (NYSE:
MMC), the leading global professional services firm in the areas of
risk, strategy and people. With annual revenue over US$14 billion
and nearly 65,000 colleagues worldwide, MMC helps clients navigate
an increasingly dynamic and complex environment through four
market-leading firms. In addition to Marsh, MMC is the parent
company of Guy Carpenter, Mercer, and Oliver Wyman. Follow Marsh on
Twitter @MarshGlobal; LinkedIn; Facebook; and YouTube, or subscribe
to BRINK.
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version on businesswire.com: https://www.businesswire.com/news/home/20190304005211/en/
Heather Dutch336 346 1385Heather.Dutch@MarshMMA.com
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