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.
Was this article valuable?
Here are more articles you may enjoy.
Space Startups Seek Insurance for Orbital AI Data Centers 
US P/C Rebounds to Post Q1 Underwriting Gain; Net Income Doubles 
Intersecting Risks and the Future of Construction Insurance 
IMA Latest to Sue Howden Over Alleged Employee Poaching 
