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The almost $30 billion transaction combines the world's second- and third-biggest insurance brokerages.

Peter Krause most recently served as president of Marsh & McLennan Agency LLC's Southeast region.

Founded in 1948, Bouchard has 260 colleagues based in its Florida office locations.

This deal is the latest in a string of mergers and acquisitions in the insurance industry. Who's next?

Marsh & McLennan Agency LLC, the middle-market agency subsidiary of Marsh, has named Bill Jeatran its new president and Christina Mott has been appointed chief operating officer.

Presidio Benefits Group offers employee benefits and human resource services to employers in the San Francisco area.

Benefits Advisory Group, which offers employee benefit services to midsize employers throughout Georgia, was founded in 2003.

Marsh & McLennan Agency LLC has acquired Dawson Insurance Agency, a 98-year-old family-owned agency in Fargo, North Dakota.