Marsh & McLennan Agency acquires Ohio-based Brower Insurance
Posted On: Dec. 5, 2012 12:00 AM CSTMarsh Inc.'s Marsh & McLennan Agency L.L.C. subsidiary announced Wednesday that it had acquired Dayton, Ohio-based Brower Insurance Agency L.L.C.
Brower has annual revenues of about $24 million and 164 employees in four Ohio offices: Dayton, Cincinnati, Columbus and Springfield. Brower will serve as MMA's Midwest hub, and all of Brower's employees and leadership will join MMA.
“Brower's strong regional presence, top-notch leadership, sales-oriented culture and diversified mix of business were very attractive as we looked for a quality partner to join MMA,” said MMA Chairman and CEO David Eslick in a statement announcing the acquisition.
Terms of the transaction were not disclosed.