NU Online News Service, Sept. 10, 1:30 p.m. EDT
Charlotte, N.C.--based wholesale broker AmWINS Group, Inc. said it has acquired The Managing Agency Group-Employee Benefits (MAG-EB), a division of Willis HRH. Financial terms were not released.
AmWINS said Shelton, Conn.-based MAG-EB is a wholesale broker and administrator of employee benefit plans for small and mid-sized employer groups of 2 to 300 employees.
MAG-EB, founded in 1976, distributes, and administers a broad portfolio of group benefit products (including Dental, Vision, Life, Accidental Death and Dismemberment Insurance, Short Term Disability Insurance, and Long Term Disability Insurance) for employer groups and their employees.
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