White Plains, New York-based middle marketagency Marsh &McLennan Agency LLC said it has acquiredSan Francisco-based benefits firm PresidioBenefits Group.
|Terms of the deal were not disclosed.
|Presidio Benefits Group was founded in 2006, and offers employeebenefits and human resource services to employers in the SanFrancisco area. The company said the Presidio Benefits Group staff,including founders Alan Ikeya and Matthew Coan, will join MMA andoperate as part of MMA’s existing San Francisco operations.
|“I welcome Alan, Matt, and the rest of the Presidio team to MMAand look forward to working together to deliver innovativesolutions that help address the myriad of risk and benefitchallenges facing local businesses,” says Paul Hering, CEO of MMA’sWestern Region.
|MMA is a subsidiary of New York City-based insurance broker riskmanagement company Marsh, which is, in turn, a subsidiary ofprofessional services firm Marsh & McLennan Cos.
|Related: Marsh & McLennan Agency acquires benefits firmin Atlanta
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
