Marsh Acquires Leading US Independent Agency, Assurance
Marsh & McLennan Companies, Inc. (MMC)
Last marsh & mclennan companies, inc. earnings: 4/30 07:00 am
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Source: Business Wire
Illinois-based Firm to Lead Midwest Region for Marsh & McLennan Agency NEW YORK--(BUSINESS WIRE)--Marsh, the world’s leading insurance broker and risk adviser, today announced that Marsh & McLennan Agency LLC (MMA), its US middle market agency subsidiary, has acquired Schaumburg, Illinois-based Assurance Holdings, Inc., one of the leading independent agencies in the US. Terms of the acquisition were not disclosed.Founded in 1961, Assurance is a full-service brokerage providing business insurance, employee benefits, private client insurance, and retirement services to businesses and individuals across the country.Assurance will operate as the Midwest regional headquarters for MMA under the leadership of Anthony (Tony) Chimino, CEO of Assurance. Mr. Chimino will report to David Eslick, Chairman and CEO of MMA. Assurance’s 525 colleagues will join MMA and continue to work out of their Schaumburg and Chicago, Illinois, offices.Commenting on the acquisition, John Doyle, President and CE
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MMC
News
- Marsh & McLennan Companies, Inc. (NYSE: MMC) had its price target raised by analysts at Royal Bank of Canada from $208.00 to $210.00. They now have a "sector perform" rating on the stock.MarketBeat
- Marsh & McLennan Companies, Inc. (NYSE: MMC) had its price target raised by analysts at Wells Fargo & Company from $212.00 to $213.00. They now have an "equal weight" rating on the stock.MarketBeat
- Marsh & McLennan Companies, Inc. (NYSE: MMC) had its price target raised by analysts at Jefferies Financial Group Inc. from $197.00 to $208.00. They now have a "hold" rating on the stock.MarketBeat
- Marsh & McLennan (MMC) Q1 Earnings Beat on Strong EMEA Unit [Yahoo! Finance]Yahoo! Finance
- Marsh & McLennan Companies (MMC) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
MMC
Earnings
- 4/18/24 - Beat
MMC
Sec Filings
- 4/18/24 - Form 10-Q
- 4/18/24 - Form 8-K
- 4/3/24 - Form 4
- MMC's page on the SEC website