Marsh & McLennan Agency Acquires Phoenix-Based Lovitt & Touché
02 4월 2019 - 10:00PM
Business Wire
Marks First Acquisition in Arizona
Marsh & McLennan Agency LLC (MMA), the middle market agency
subsidiary of Marsh, today announced the acquisition of Phoenix,
Arizona-based Lovitt & Touché, one of the state’s largest
independent insurance agencies. Terms of the acquisition were not
disclosed.
Founded in 1911, Lovitt & Touché will add 181 colleagues to
MMA from their Phoenix, Tucson, and Las Vegas, Nevada offices.
Lovitt & Touché provides commercial property, casualty,
personal lines, and employee health and benefits solutions and
expertise to businesses throughout Arizona and surrounding states,
with particular expertise in the construction, real estate,
non-profit, healthcare, and manufacturing industries.
Charlie Touché, Lovitt & Touché CEO since 1998, will lead
MMA’s operations in Arizona and the firm will operate as Lovitt
& Touché, a Marsh & McLennan Agency LLC company.
David Eslick, CEO of MMA commented: “Arizona is a thriving
marketplace for businesses of all sizes, and we are proud to
welcome Lovitt & Touché as we expand our national
footprint.”
“Lovitt & Touché has had a long-standing reputation for
exceptional client service and community involvement in Arizona,
mirroring MMA’s own commitment to serving local businesses and
communities,” said Paul Hering, Chairman of MMA’s West region. “We
are eager to begin working with them as we enter a new market.”
Mr. Touché added: “This new chapter in our company’s history
allows us to strengthen our client-centric philosophy by providing
clients access to even more innovative tools and solutions. Joining
MMA will also provide new opportunities for our colleagues as we
continue to serve the dynamic Arizona market and give back to the
communities that have supported our success for over a
century.”
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, and
employee benefits to midsize businesses and individuals across
North America.
About Marsh
Marsh is the world’s leading insurance broker and risk adviser.
With over 35,000 colleagues operating in more than 130 countries,
Marsh serves commercial and individual clients with data driven
risk solutions and advisory services. 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$15 billion and
75,000 colleagues worldwide, MMC helps clients navigate an
increasingly dynamic and complex environment through four
market-leading firms: Marsh, Guy Carpenter, Mercer, and Oliver
Wyman. Follow Marsh on Twitter @MarshGlobal; LinkedIn; Facebook;
and YouTube, or subscribe to BRINK.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190402005230/en/
Sally RobertsMarsh303 952 9453sally.roberts@marsh.comErin
QuigleyMarsh & McLennan Agency858
875-5406Erin.Quigley@MarshMMA.com
Marsh and McLennan Compa... (NYSE:MMC)
과거 데이터 주식 차트
부터 7월(7) 2024 으로 8월(8) 2024
Marsh and McLennan Compa... (NYSE:MMC)
과거 데이터 주식 차트
부터 8월(8) 2023 으로 8월(8) 2024