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.
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