MMA News

Marsh & McLennan Agency Enters Canadian Market with Purchase of Vézina

Marsh & McLennan Agency LLC*, a subsidiary of Marsh, has acquired Vézina, a Montreal, Quebec-based independent insurance brokerage firm. The acquisition includes the property/casualty brokerage division Vézina Assurances Inc. and group benefits division Vézina & Associes. Terms of the transaction …

Most Popular Insurance Journal West Stories of 2014

The year’s most popular InsuranceJournal.com news stories in the West ranged from the tragic to the silly and from matters of great importance to the industry to the ongoing saga of innovative-yet-controversial ridesharing companies like Uber and Lyft. With an …

Marsh & McLennan Agency Acquires North Carolina Surety Bond Agency

Marsh & McLennan Agency (MMA), a subsidiary of insurance broker Marsh, said it has acquired The Bond Network, a surety bonding agency based in Charlotte, North Carolina. Terms of the transaction were not disclosed. Founded in 1985 by H. Thomas …

Marsh & McLennan Agency Acquires Ohio’s Brower Insurance Agency

Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc., has acquired Ohio-based Brower Insurance Agency. Terms of the transaction were not disclosed. Founded in 1935 and headquartered in Dayton, Ohio, Brower has annual revenues of approximately …

Marsh McLennan Agency Acquires South Carolina’s Rosenfeld Einstein

Marsh & McLennan Agency LLC (MMA) has acquired Rosenfeld Einstein, a $9 million property/casualty and employee benefits agency based in Greenville, South Carolina. Terms of the transaction were not disclosed. With roots dating back to 1933, Rosenfeld Einstein offers property/casualty …

MMA (UK) Revamps Shops, Offices, Surgeries Products for Brokers

MMA Insurance (UK) announced that it “has enhanced its Shops, Offices and Surgeries products with a new level of rating sophistication on its Broker Online system.” It also noted that the developments “have also resulted in reduced minimum premiums, rate …

MMA Insurance UK Expands Commercial Auto Coverage

The UK’s auto (motor) insurance market is extremely competitive, and over the past few years usually unprofitable. As a result a number of insurers are reducing capacity and/or contracting their distribution for Motor Trade business. However, MMA Insurance, the UK …

MMA to Write Commercial Lines via Broker Network Trading Room

As of April 1st members of Broker Network (BN) will be able to trade with commercial insurer MMA Insurance plc via BN’s Network Trading Room. MMA plc is a wholly owned subsidiary of French multi-national insurer, MMA IARD Assurances Mutuelles. …