Marsh McLennan dives into West Texan market via M&A
Marsh McLennan Agency, a subsidiary of Marsh, has expanded its offering in West Texas, US with the acquisition of an independent agency that provides commercial and personal insurance solutions.
The broker has acquired Perkins Insurance Agencies, an Abilene, Texas-based independent agency founded in 1977. It primarily provides commercial property and casualty and personal lines coverage to West Texas-based businesses, non-profits, and families, with specialised expertise in the oil and gas, trucking, farm and ranch, and restaurant industries.
Perkins employees, including CEO Mark Perkins will continue working from its existing Abilene and Eastland, Texas, offices.
Matt Stadler, chief executive officer of Marsh McLennan Agency’s Southwest region, said: “The Perkins team is known for high-quality client service tailored to the unique needs of their community. As we look to expand our offerings in West Texas, their reputation for impactful commercial and personal insurance solutions made this the right decision for our team.”
Perkins said: “We are constantly looking for new ways to better serve the West Texas community in their evolving risk mitigation needs.
“Joining Marsh McLennan Agency was the best decision we could make for clients. Our colleagues will now have access to a team of industry-leading experts and resources to deliver even more powerful results for our local businesses and community members.”
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