JMB Insurance Acquires Schlesinger Associates

Chicago-based brokerage JMB Insurance has acquired Schlesinger Associates Inc., an employee benefits brokerage also based in Chicago.

JMB’s expanded employee benefit and financial security services practice will be led by Senior Vice President Bruce Schlesinger. JMB CEO Steven J. Topel called Schlesigner “one of the very best strategic thinkers in the complex, fast changing employee benefits arena.”

JMB Insurance was established in 1971 by JMB Realty and spun off in 1986 as an independent, stand-alone company. JMB, which said it is one of the top 100 brokerages in the country, also said in a statement that it “is on a growth and acquisition plan and is in discussion with other insurance service firms.”

Topics Mergers & Acquisitions Employee Benefits