Marsh McLennan Agency Acquires Perkins Insurance Agencies
31 May 2024 - 11:00PM
Business Wire
Marsh McLennan Agency, a subsidiary of Marsh, today announced
the acquisition of Perkins Insurance Agencies, an Abilene,
Texas-based independent agency. Terms of the acquisition were not
disclosed.
Founded in 1977, Perkins primarily provides commercial property
and casualty and personal lines coverage to West Texas-based
businesses, non-profits, and families, with specialized expertise
in the oil and gas, trucking, farm and ranch, and restaurant
industries. All Perkins employees, including Mark Perkins, CEO,
will continue working out of their existing Abilene and Eastland,
Texas, offices.
Commenting on the acquisition, Matt Stadler, CEO of Marsh
McLennan Agency’s Southwest region, said: “The Perkins team is
known for high-quality client service tailored to the unique needs
of their community. As we look to expand our offerings in West
Texas, their reputation for impactful commercial and personal
insurance solutions made this the right decision for our team.”
“We are constantly looking for new ways to better serve the West
Texas community in their evolving risk mitigation needs,” said Mr.
Perkins. “Joining Marsh McLennan Agency was the best decision we
could make for clients. Our colleagues will now have access to a
team of industry-leading experts and resources to deliver even more
powerful results for our local businesses and community
members.”
About Marsh McLennan Agency Marsh McLennan Agency
provides business insurance, employee health & benefits,
retirement & wealth, and private client insurance solutions to
organizations and individuals seeking limitless possibilities. With
10,000 colleagues and 180 offices across North America, Marsh
McLennan Agency combines the personalized service model of a local
consultant with the global resources of the world’s leading
professional services firm, Marsh McLennan (NYSE: MMC).
About Marsh Marsh is the world’s leading insurance broker
and risk advisor. With more than 45,000 colleagues advising clients
in over 130 countries, Marsh serves commercial and individual
clients with data-driven risk solutions and advisory services.
Marsh is a business of Marsh McLennan (NYSE: MMC), the world’s
leading professional services firm in the areas of risk, strategy
and people. With annual revenue of $23 billion, Marsh McLennan
helps clients navigate an increasingly dynamic and complex
environment through four market-leading businesses: Marsh, Guy
Carpenter, Mercer and Oliver Wyman. For more information, visit
marsh.com, and follow us on LinkedIn and X.
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version on businesswire.com: https://www.businesswire.com/news/home/20240501535684/en/
Lexie O’Connor Media Relations +1 857 772 0150
alexandra.oconnor@MarshMMA.com
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