Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Employee Benefits Group Inc. (EBG), a Bethesda, Md.-based independent insurance agency specializing in employee benefits and retirement consulting.
Founded in 1987, EBG provides employee health and welfare consulting and retirement consulting services to clients throughout the Mid-Atlantic. EBG has 12 employees, all of whom are joining MMA.
MMA is a subsidiary of Marsh established in 2008 to serve as a platform for the middle market. MMA offers commercial property, casualty, personal lines, employee health and benefits and retirement consulting services to mid-size businesses and individuals across North America.
Source: Marsh & McLennan Agency LLC
Topics Mergers & Acquisitions Maryland
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