Marsh McLennan Agency Acquires CS Insurance Strategies

July 5, 2022

Marsh McLennan Agency (MMA) has acquired CS Insurance Strategies, a Chicago-based, minority-owned insurance brokerage founded in 2009 by Charles Smith. The acquisition (terms undisclosed) brings CS Insurance Strategies' ten employees into MMA and strengthens MMA's capabilities and presence in the Midwest, particularly in employee benefits, business insurance and risk management for municipal, non-profit and minority-owned clients.

Buyers
Marsh McLennan Agency
Targets
CS Insurance Strategies, Inc.
Sellers
Charles Smith (Founder & CEO)
Industry
Insurance
Location
Illinois, United States
Transaction Type
Buyout

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