Marsh Acquires Cosmos Services; Hub Acquires Signature Insurance

Marsh, a wholly owned subsidiary of Marsh & McLennan Cos., says it has acquired Cosmos Services (America) Inc., the U.S. insurance-brokerage subsidiary of global trading firm Itochu Corp.

With offices in New York, Los Angeles and Chicago, Cosmos specializes in providing commercial P&C, personal-lines and employee-benefits brokerage services to U.S. subsidiaries of Japanese companies. It has annual revenues of approximately $8 million.

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