Marsh McLennan Agency Acquires AmeriStar Agency, Inc.
02 Julio 2024 - 12:00PM
Business Wire
Marsh McLennan Agency, a subsidiary of Marsh, today announced
the acquisition of AmeriStar Agency, Inc., a Wayzata,
Minnesota-based independent agency. Terms of the acquisition were
not disclosed.
Founded in 1987, AmeriStar provides a range of insurance
coverage solutions to high net worth individuals and commercial
clients. All AmeriStar employees, including President Matt Schadow,
will join Marsh McLennan Agency and continue to operate out of
their existing Wayzata office.
Commenting on the acquisition, Timothy Fleming, Chairman of
Marsh McLennan Agency’s Upper Midwest region, said: “As we continue
executing on our growth strategy of finding high-quality agencies
that meet our evolving client needs, we look forward to working
with the AmeriStar team to offer deeper risk management expertise
and solutions for businesses and individuals.”
“Joining Marsh McLennan Agency is a significant milestone for
our team, empowering us to enhance our service offerings and tap
into their expertise and resources,” added Mr. Schadow. “We are
eager to begin delivering clients elevated solutions to their
unique exposures in today’s dynamic market.”
About Marsh McLennan Agency
Marsh McLennan Agency provides business insurance, employee
health & benefits, retirement & wealth, and private client
insurance solutions to organizations and individuals seeking
limitless possibilities. With 11,000 colleagues and 200 offices
across North America, Marsh McLennan Agency combines the
personalized service model of a local consultant with the global
resources of the world’s leading professional services firm, Marsh
McLennan (NYSE: MMC).
About Marsh
Marsh is the world’s leading insurance broker and risk advisor.
With more than 45,000 colleagues advising clients in over 130
countries, Marsh serves commercial and individual clients with
data-driven risk solutions and advisory services. Marsh is a
business of Marsh McLennan (NYSE: MMC), the world’s leading
professional services firm in the areas of risk, strategy and
people. With annual revenue of $23 billion, Marsh McLennan helps
clients navigate an increasingly dynamic and complex environment
through four market-leading businesses: Marsh, Guy Carpenter,
Mercer and Oliver Wyman. For more information, visit marsh.com, and
follow us on LinkedIn and X.
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version on businesswire.com: https://www.businesswire.com/news/home/20240702120042/en/
Salina Pellios Media Relations 332-284-4154
salina.pellios@mmc.com
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