Marsh & McLennan Agency acquires firm to expand in west Texas
Marsh & McLennan Agency, the middle market agency subsidiary of Marsh, acquired employee benefits consulting firm Insurance Partners of Texas. The move follows the recent acquisition of Texas-based iaCONSULTING.
As a consequence of the transaction, Insurance Partners of Texas employees will join Marsh & McLennan, expanding the firm’s presence into Abilene.
The acquired firm offers a range of employee health and benefits-related services to midsize employers in Texas.
"We are excited to have the talented and experienced employee benefits professionals at Insurance Partners of Texas on our team. This transaction allows us to continue our expansion into West Texas," said Bill Henry, CEO of MMA’s Southwest region.
Summer Powers, Insurance Partners of Texas office leader, added: “Joining MMA enables us to provide additional expertise and resources to our clients as well as meaningful growth opportunities for our colleagues."
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