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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