Marsh & McLennan Agency has acquired The Benefit Planning Group Inc., a Durham, North Carolina-based employee benefit consulting firm.
Terms of the transaction were not disclosed.
Founded in 1991, The Benefit Planning Group (BPG) specializes in employee benefits and insurance services to the health care community, including medical schools, physicians, and medical practices.
All 14 of the firm’s employees, including founder Mike Waters, will join MMA’s mid-Atlantic region and continue to operate out of BPG’s existing Durham, North Carolina office, according to the announcement.
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