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Marsh McLennan Agency (MMA), a business of Marsh, has acquired Arthur Hall Insurance, a Pennsylvania-based insurance agency.
The financial terms of the deal remain undisclosed.
Set up in 1966, Arthur Hall offers commercial and personal lines insurance to nationwide clientele, with a focus on life sciences, information management, non-profit, craft beverage manufacturing and municipal sectors.
President Jim Denham and all Arthur Hall personnel will join MMA, continuing operations from their current offices in West Chester, Pennsylvania, and Wilmington, Delaware.
MMA East region CEO Andrew Neary said: “Our clients are facing challenges on multiple fronts, and our value lies in the ability to foresee these dynamics and equip them for any scenario. We look forward to bringing the Arthur Hall team’s business insurance expertise to our clients in the region, while simultaneously establishing a new presence for MMA in Delaware.”
Denham added: "MMA has a unique power of perspective that is unmatched in the industry. In our ongoing pursuit of enhancing client outcomes, it became clear that joining MMA was our best path forward for our clients and colleagues, providing access to a wide range of risk mitigation strategies and a network of experts for clients and resources to enhance our colleagues’ careers.”
In January this year, MMA also acquired Acumen Solutions Group, an insurance agency based in Melville, New York.
MMA is known for providing business insurance, employee health and benefits, retirement and wealth, and private client insurance solutions throughout the US and Canada.
"Marsh McLennan Agency buys Arthur Hall Insurance " was originally created and published by Life Insurance International, a GlobalData owned brand.
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