Marsh & McLennan Agency LLC (MMA) has acquired Blakestad Inc., a private client and commercial lines independent insurance agency. Terms of the transaction were not disclosed.
Headquartered in Minneapolis, Minn., Blakestad provides property/casualty insurance to privately held businesses and individuals, with particular expertise in working with high-net worth individuals and families worldwide. All of Blakestad’s employees and leadership, including its president Jerod Blakestad, are joining MMA and will continue operating out of the firm’s current Minneapolis office.
Marsh & McLennan Agency LLC is a subsidiary of Marsh established in 2008 to serve as a platform for the middle market.
Source: Marsh & McLennan Agency LLC
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Lawyer for Prominent Texas Law Firm Among Victims ID’d in Maine Plane Crash 
Florida’s Commercial Clearinghouse Bill Stirring Up Concerns for Brokers, Regulators 
Nine-Month 2025 Results Show P/C Underwriting Gain Skyrocketed 
US Appeals Court Rejects Challenge to Trump’s Efforts to Ban DEI 
