Tuesday, November 29th, 2022

Marsh McLennan Company swoops for New England agency

Marsh McLennan Agency swoops for New England firm

Marsh McLennan Company (MMA), a subsidiary of Marsh, has introduced the acquisition of Maine-based Clark Insurance coverage. Phrases of the transaction weren’t disclosed.

Based in 1931, Clark Insurance coverage is a full-service company that gives enterprise insurance coverage, worker well being and advantages, and private-client providers to people and companies. Headquartered in Portland, Maine, the corporate has extra places of work in Windham and Gorham, Maine, Manchester, N.H., and Lowell, Mass. Haberman Insurance coverage, a Massachusetts-based company acquired by Clark final yr, can be a part of the acquisition. All 135 Clark Insurance coverage staff will be a part of MMA.

“Clark Insurance coverage is revered throughout the area for his or her high quality service and experience, in addition to their colleague-focused tradition that units them other than different businesses,” stated Jerry Alderman, CEO of MMA’s New England area. “Each the Clark crew and MMA share a dedication to serving shoppers, colleagues and the neighborhood, and we’re excited for this new partnership.”

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“MMA opens a brand new chapter for our group and our key constituents,” stated Jeff Shaw, president of Clark Insurance coverage. “Working with the energy and assets of Marsh McLennan Company will give our shoppers entry to extra instruments and assets to achieve their targets. Our colleagues will see new alternatives for progress and growth, and our dedication to supporting native communities will stay a prime precedence.”

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