Marsh Acquires Aviation Solutions, LLC
White Plains | March 01, 2016
Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, announced today the acquisition of Aviation Solutions, LLC, a leading aviation risk advisor and insurance broker based in Lee’s Summit, Missouri. Terms of the transaction were not disclosed.
Founded in 2004, Aviation Solutions offers customized aviation risk insurance programs for individual, corporate, and commercial clients across the United States. Aviation Solutions will operate out of MMA’s existing Overland Park, Kansas, office, which is part of MMA’s upper Midwest region.
“The addition of this tremendous professional team in Overland Park provides specialized aviation industry expertise and experience that will benefit clients throughout the upper Midwest and across the country,” said David Eslick, chairman and CEO of MMA. “Their exemplary leadership and reputation for being client-focused make them excellent additions to MMA, and I welcome them to the firm.”
Aviation Solutions CEO Kyle White added: “We are excited to join the MMA team. This transition is an excellent opportunity to expand our reach, while ensuring new opportunities for our associates and more resources for our clients. Aviation Solutions’ commitments to those we serve and the broader aviation industry will remain our focus as we continue to deliver the world-class service and expertise our clients have come to expect.”
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.
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.