Marsh & McLennan Agency Acquires iaCONSULTING
White Plains, NY | February 07, 2017
Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, today announced that it has acquired iaCONSULTING, a Lubbock, Texas-based employee benefits consulting firm. Terms of the transaction were not disclosed.
Founded in 1994, iaCONSULTING offers a wide range of employee health and benefits-related services to midsize employers in Texas. iaCONSULTING CEO Bill Hartsfield and the rest of the firm’s employees will join MMA and operate out of MMA’s existing office in Lubbock.
“I welcome the talented and experienced employee benefits professionals at iaCONSULTING to MMA and look forward to further expanding our presence in the Lubbock and West Texas market,” said Bill Henry, CEO of MMA’s Southwest region.
Mr. Hartsfield added: “We are excited to join MMA and view this move as an excellent opportunity to build on iaCONSULTING’s success over the last 23 years. As a part of MMA, our clients will now have access to a wider range of products and services to address their emerging and evolving needs.”
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 advisor. With around 40,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data-driven risk solutions and advisory services. Marsh is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people. With annual revenue over $17 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. Follow Marsh on Twitter @MarshGlobal; LinkedIn; Facebook; and YouTube, or subscribe to BRINK.