Marsh & McLennan Agency LLC led September with two announced acquisitions totaling more than $12 million in acquired revenue.

Marsh & McLennan Agency LLC, a subsidiary of insurance broker Marsh Inc., says it acquired Rosenfeld Einstein, a $9 million property and casualty and employee benefits agency based in Greenville, S.C., that can trace its roots back to 1933.

The firm also says it acquired Eidson Insurance of Orlando, Fla., a $3.4 million revenue, P&C and employee benefits agency established in 1943.

Other announced acquisitions include:

Itasca, Ill.-based insurance broker Arthur J. Gallagher & Co. says it acquired Acumus Ltd. in Chelmsford, England. Acumus Limited is a retail insurance broker that provides risk consulting and insurance services exclusively for the United Kingdom housing association sector.
Daytona Beach, Fla.-based insurance broker Brown & Brown announced the acquisition of Texas Security General Insurance Agency, Inc. and related affiliate companies based in San Antonio, Texas. Founded in 1995, TSGA is a wholesale brokerage with annual revenues of approximately $5.8 million.
Briarcliff Manor, N.Y.-based insurance broker USI Insurance Services says it closed on its acquisition of TD Insurance, Inc. a wholly-owned U.S. subsidiary of TD Bank, N.A. The acquisition is expected to contribute $58.2 million in revenues to USI.
Chicago-based Hub International Ltd. says it entered into a definitive agreement to acquire Carrión, Laffitte & Casellas, Inc., a full service insurance brokerage firm headquartered in San Juan, Puerto Rico. The firm says the acquisition represents the next phase of Hub’s expansion in Latin America with the formation of Hub International Caribbean Holdings.
AmWINS Group, Inc. says it acquired Stevens Point, Wis.-based Special Markets Insurance Consultants, Inc. a niche managing general underwriter founded in 1985 by Nora Stransky,
Fort Worth, Texas-based InsureZone acquired Denver-based MSI Group, a network—cluster group, bringing the total of its network—cluster groups to 63 agencies.
Cleveland-based insurance broker CBIZ, Inc. says it acquired the assets of Trinity Risk Advisors, Inc. of Atlanta.
East Hampton, N.Y.-based Cook, Hall & Hyde and Maran Corporate Risk Associates based in Southampton, N.Y. announced their intention to enter into a strategic merger agreement. The firm’s new name is Cook Maran & Associates.
Missoula, Mont.-based firms Payne Financial Group and Western States Insurance, agreed to form a new employee-owned company.

Special Reports /

Marsh & McLennan Agency Leads September Agent/Broker Acquisitions

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