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 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.
A global leader in insurance broking and innovative risk management solutions, Marsh’s 30,000 colleagues advise individual and commercial clients of all sizes in over 130 countries. 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$13 billion and more than 60,000 colleagues worldwide, MMC helps clients navigate an increasingly dynamic and complex environment through four market-leading firms. In addition to Marsh, MMC is the parent company of Guy Carpenter, which develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities; Mercer, which delivers advice and technology-driven solutions that help organizations meet the health, wealth and career needs of a changing workforce; and Oliver Wyman, a critical strategic, economic and brand advisor to private sector and governmental clients. Follow Marsh on Twitter @MarshGlobal; LinkedIn; Facebook; and YouTube, or subscribe to BRINK.