Marsh McLennan Agency Acquires Steinberg & Associates, Inc.
September 1, 2022
Marsh McLennan Agency (MMA), a subsidiary of Marsh, has acquired Steinberg & Associates, Inc., an independent insurance and employee benefits agency based in Spartanburg, South Carolina. The acquisition expands MMA's presence in South Carolina and brings Steinberg's client-focused employee health, benefits and private client services into MMA; terms were not disclosed.
- Buyers
- Marsh McLennan Agency (MMA)
- Targets
- Steinberg & Associates, Inc.
- Industry
- Insurance
- Location
- South Carolina, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Marsh & McLennan Agency (MMA) Acquires Assurance Holdings, Inc.
April 1, 2020
Insurance
Marsh & McLennan Agency LLC (MMA), the US middle-market agency subsidiary of Marsh, has acquired Schaumburg, Illinois-based Assurance Holdings, Inc. Assurance's approximately 525 colleagues will join MMA and Assurance will serve as MMA's Midwest regional headquarters; terms were not disclosed.
-
Marsh McLennan Agency Acquires HMS Insurance Associates
January 4, 2023
Insurance
Marsh McLennan Agency (MMA), a subsidiary of Marsh, has acquired Hunt Valley, Maryland-based HMS Insurance Associates, Inc.; terms were not disclosed. Founded in 1943, HMS — with more than 120 employees — provides property/casualty, surety, group captive and employee benefits services and will continue operating from its Hunt Valley office as part of MMA.
-
Marsh McLennan Agency Acquires CS Insurance Strategies
July 5, 2022
Insurance
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.
-
Marsh McLennan Agency Acquires Clark Insurance (including Haberman Insurance)
June 2, 2023
Insurance
Marsh McLennan Agency (MMA), a subsidiary of Marsh, has acquired Clark Insurance, a full-service independent insurance agency headquartered in Portland, Maine; the transaction also includes Haberman Insurance, which Clark acquired in 2021. The deal brings all 135 Clark employees (plus Haberman staff) into MMA and expands MMA's presence across New England with Clark's offices in Maine, New Hampshire and Massachusetts.
-
Marsh McLennan Agency Acquires Bradley Insurance Agency
November 2, 2022
Insurance
Marsh McLennan Agency (MMA), a subsidiary of Marsh, has acquired Bradley Insurance Agency, a commercial insurance broker based in Knoxville, Tennessee. The transaction expands MMA's presence in eastern Tennessee; all Bradley Insurance employees, including owners Kendall and Kevin Bradley, will join MMA.
-
Marsh & McLennan Agency Acquires Heritage Insurance Service, Inc.
December 2, 2020
Insurance
Marsh & McLennan Agency LLC (MMA), the middle-market agency subsidiary of Marsh, has acquired Heritage Insurance Service, Inc., an independent insurance agency based in Louisville, Kentucky. Heritage, which has about 30 employees across five locations and specializes in trucking and transportation insurance, will join MMA to expand MMA's specialty capabilities and client reach.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.