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.
AIG Partners With Amwins, Blackstone to Launch Lloyd’s Syndicate Using Palantir 
Insurance Covers Settlement Paid by Stocks Instead of Money: Delaware High Court 
Hacking Group ‘ShinyHunters’ Claims Theft of Data From Users of Pornhub 
Hyundai, Kia Agree to Retrofit 7 Million Vehicles to Address Theft Concerns 
