Marsh & McLennan Agency (MMA), a subsidary of Marsh,announced it is acquiring Tequesta Insurance Advisors located inTequesta, Fla. The merger with Tequesta — a provider of personal,commercial and employee benefts — will add to MMA's property andcasualty business in the state.
|Tequesta brings in approximately $10 million annually inrevenue. The company's 50 employees will become part of the MMAteam and continue to work out of the agency's Tequesta office.
|The addition of Tequesta's colleagues will give MMAapproximately 220 employees in eight offices throughout the stateof Florida providing risk, insurance and benefit solutions tomiddle market companies and individuals.
|Related: Marsh & McLennan seeks tax efficiency amidrivals' London shifts
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