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Marsh McLennan Company swoops for New England agency

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Marsh McLennan Agency swoops for New England firm

Marsh McLennan Company (MMA), a subsidiary of Marsh, has introduced the acquisition of Maine-based Clark Insurance coverage. Phrases of the transaction weren’t disclosed.

Based in 1931, Clark Insurance coverage is a full-service company that gives enterprise insurance coverage, worker well being and advantages, and private-client providers to people and companies. Headquartered in Portland, Maine, the corporate has further workplaces in Windham and Gorham, Maine, Manchester, N.H., and Lowell, Mass. Haberman Insurance coverage, a Massachusetts-based company acquired by Clark final yr, can also be a part of the acquisition. All 135 Clark Insurance coverage workers will be part of MMA.

“Clark Insurance coverage is revered throughout the area for his or her high quality service and experience, in addition to their colleague-focused tradition that units them aside from different companies,” stated Jerry Alderman, CEO of MMA’s New England area. “Each the Clark crew and MMA share a dedication to serving shoppers, colleagues and the neighborhood, and we’re excited for this new partnership.”

Learn subsequent: Marsh McLennan re-elects board of administrators

“MMA opens a brand new chapter for our group and our key constituents,” stated Jeff Shaw, president of Clark Insurance coverage. “Working with the energy and sources of Marsh McLennan Company will give our shoppers entry to extra instruments and sources to succeed in their targets. Our colleagues will see new alternatives for development and growth, and our dedication to supporting native communities will stay a prime precedence.”

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