Marsh McLennan Agency (MMA), a subsidiary of global insurance broker Marsh, reports it has acquired Hunt Valley, Maryland-based HMS Insurance Associates, Inc.
Founded in 1943, HMS provides businesses and individuals in the Mid-Atlantic region with property/casualty insurance, surety, group captive, and employee benefits.
Terms of the acquisition were not disclosed.
According to the announcement, all of HMS’ more than 120 employees, including President Gary L. Berger, will join MMA and continue to work out of the Hunt Valley office.
MMA has 170 offices across North America.
Topics Mergers & Acquisitions Maryland
Was this article valuable?
Here are more articles you may enjoy.
Kyle Busch and Wife Settle Lawsuit With Pacific Life and Insurance Agent 
Prices for New Cars Have Soared. Here’s One Big Reason Why 
Meta Loses Insurance for Defense in Major Social Media Addiction Litigation 
Travelers Stranded by War Learn Insurance Won’t Cover Flight Cancellations 
