Marsh McLennan Agency to Acquire The Horton Group, Inc.
09 Julio 2024 - 3:00PM
Business Wire
Marsh McLennan Agency, a subsidiary of Marsh, today announced
that it has entered into a definitive agreement to acquire The
Horton Group, Inc., a leading Orland Park, IL-based full-service
insurance brokerage and one of the top independent insurance
brokers in the US. Terms of the acquisition were not disclosed.
Founded in 1971, Horton offers property and casualty insurance,
employee benefits consultation, and personal lines coverage to
businesses and individuals across Indiana, Illinois, Wisconsin,
Minnesota, and Florida. Upon closing, Horton employees, including
CEO Dan Horton, will join Marsh McLennan Agency and will continue
operating out of their nine existing offices.
“We have been impressed by the Horton team and their
capabilities for many years and are thrilled to welcome them to
Marsh McLennan Agency,” said Tony Chimino, CEO of Marsh McLennan
Agency’s Midwest region. “From their industry specialties to
breadth of expertise, they share our passion for bringing clients a
strategic approach to risk management.”
Mr. Horton added: “Marsh McLennan Agency is among the best in
the business, and we are proud to be a part of their team. We’re
eager to hit the ground running to deliver enhanced solutions for
clients as they navigate their unique exposures.”
The deal is anticipated to close within the third quarter of
2024.
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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Salina Pellios Media Relations 332-284-4154
salina.pellios@mmc.com
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