Marsh & McLennan Agency continues Northeast expansion
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Marsh McLennan Agency, a subsidiary of insurance broker Marsh Inc., acquired the employee benefits division of a Marlborough, Mass.-based agency, adding about $600,000 in annual revenue to its middle-market operations.The New York-based national insurance broker bought the employee benefits operations of Kaeding, Ernst Co., an employee benefits, life insurance, and financial-planning consulting firm.Financial terms of the transaction were not disclosed.The division will become a part of Bostonian Group, a Marsh McLennan Agency company, further expanding Bostonian’s depth and expertise in Continue reading >>>