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Marsh McLennan Company (MMA) has introduced the acquisition of Focus Insurance coverage, a private insurance coverage brokerage agency in Houston, Texas. The phrases of the acquisition weren’t disclosed.
Established in 2001, Focus Insurance coverage offers custom-made private insurance coverage applications all through the US. All Focus staff, together with the agency’s vice chairman Mickie Comiskey, are set to hitch MMA following the acquisition.
“Focus Insurance coverage places people and households first, with a eager eye to personalised options that defend their shoppers’ pursuits and belongings,” mentioned Invoice Henry, CEO of MMA’s Southwest area. “We’re happy to welcome Focus to MMA as we see continued development and enlargement within the area.”
“Becoming a member of MMA is a chance for us to ship much more complete applications for shoppers by tapping into the assets made out there by MMA’s non-public consumer group,” added Comiskey. “We’re thrilled to see our colleagues develop as a part of the MMA crew and produce our capabilities to the subsequent stage.”
A subsidiary of Marsh, MMA has been on a string of acquisitions over the previous 12 months. Previous to Focus Insurance coverage, it has lately acquired SC-based impartial company Steinberg & Associates and Maine-based full-service company Clark Insurance coverage, amongst different corporations throughout the nation.
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