Marsh McLennan Agency Acquires AC Risk Management
May 2, 2024
Marsh McLennan Agency (MMA), a subsidiary of Marsh McLennan, has acquired AC Risk Management (ACRM), an independent commercial lines insurance brokerage based in Melville, New York. ACRM’s employees, including CEO Matt Avellino, will remain at the Melville office as MMA expands its commercial lines and construction-focused insurance capabilities in the Long Island region.
- Buyers
- Marsh McLennan Agency
- Targets
- AC Risk Management
- Industry
- Insurance
- Location
- New York, United States
- Transaction Type
- Buyout
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