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
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