Marsh McLennan Agency (MMA), a subsidiary of global insurance broker Marsh, reports it has acquired Hunt Valley, Maryland-based HMS Insurance Associates, Inc.
Founded in 1943, HMS provides businesses and individuals in the Mid-Atlantic region with property/casualty insurance, surety, group captive, and employee benefits.
Terms of the acquisition were not disclosed.
According to the announcement, all of HMS’ more than 120 employees, including President Gary L. Berger, will join MMA and continue to work out of the Hunt Valley office.
MMA has 170 offices across North America.
Topics Mergers & Acquisitions Maryland
Was this article valuable?
Here are more articles you may enjoy.
Florida Insurance Costs 14.5% Lower Than Without Reforms, Report Finds 
Portugal Deadly Floods Force Evacuations, Collapse Main Highway 
Gun Accessory Company to Pay $1.75 Million to Buffalo Supermarket Shooting Victims 
BMW Recalls Hundreds of Thousands of Cars Over Fire Risk 
