Marsh & McLennan Agency Acquires Benefits Advisory Group
September 01 2016 - 9:00AM
Business Wire
Atlanta-Based Firm Adds Further Employee
Benefits Expertise to Mid-Atlantic Region
Marsh & McLennan Agency LLC (MMA), the middle market agency
subsidiary of Marsh, today announced it has acquired Benefits
Advisory Group, an Atlanta-based employee benefits consulting firm.
Terms of the transaction were not disclosed.
Created in 2003, Benefits Advisory Group offers a wide-range of
employee benefit services to midsize employers throughout Georgia.
All of the firm’s employees, including its owner Al NeSmith, will
join MMA and operate as part of MMA’s existing Atlanta
operations.
“We are pleased to have Al and his team join the Mid-Atlantic
region of MMA. Benefits Advisory Group brings a complementary set
of talent that will enhance our employee benefits offering in the
Atlanta market,” said Thomas R. Brown, vice chairman of MMA’s
Mid-Atlantic region.
Mr. NeSmith added: “We are excited to join MMA and the regional
partners in the Mid-Atlantic. This relationship will enable us to
continue to offer best-in-class employee benefits solutions to our
clients with a broader range of best-in-class products and
services.”
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.
In 2015, it expanded its national footprint into Canada. MMA offers
commercial property, casualty, personal lines, and employee
benefits to midsize businesses and individuals across North
America.
About Marsh
Marsh is a global leader in insurance broking and risk
management. Marsh helps clients succeed by defining, designing, and
delivering innovative industry-specific solutions that help them
effectively manage risk. Marsh’s approximately 30,000 colleagues
work together to serve clients in more than 130 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 people.
With annual revenue of US$13 billion and approximately 60,000
colleagues worldwide, Marsh & McLennan Companies is also the
parent company of Guy Carpenter, a leader in providing risk and
reinsurance intermediary services; Mercer, a leader in talent,
health, retirement, and investment consulting; and Oliver Wyman, a
leader in management consulting. Follow Marsh on Twitter,
@MarshGlobal; LinkedIn; Facebook; and YouTube.
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MarshSally Roberts, 303-952-9453sally.roberts@marsh.comorHeather
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