Marsh & McLennan Agency LLC has acquired NuWest Insurance Services Inc., an Irvine, Calif.-based property/casualty agency.
NuWest generates roughly $2.4 million in revenue and specializes in providing P/C insurance solutions for multi-employer trust funds and employee unions. NuWest will be consolidated into the Orange County office of Barney & Barney, a Marsh & McLennan Agency LLC company.
The transaction marks the first acquisition for MMA West, which was established in February with the acquisition of Barney & Barney.
Marsh & McLennan Agency LLC, a subsidiary of Marsh, offers commercial property/casualty, personal lines, and employee benefits to clients across the U.S.
Was this article valuable?
Here are more articles you may enjoy.
Chubb Q3 Net Income Down Slightly on More Catastrophe Losses 
Travelers Reports Solid Underwriting, Record Investment Income for Q3 
All in the Family: Husband, Wife and Daughter Indicted for Insurance Fraud and Bribery 
Reuters: DXC in Advanced Talks to Sell Insurance Software Unit for $2.4 Billion 
