Marsh & McLennan Agency announced it is acquiring Tequesta Insurance Advisors in the state of Florida.

Marsh & McLennan Agency (MMA), a subsidary of Marsh, announced it is acquiring Tequesta Insurance Advisors located in Tequesta, Fla. The merger with Tequesta — a provider of personal, commercial and employee benefts — will add to MMA’s property and casualty business in the state.

Tequesta brings in approximately $10 million annually in revenue. The company’s 50 employees will become part of the MMA team and continue to work out of the agency’s Tequesta office.

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