Login Register Subscribe
Current Issue

Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Marsh & McLennan Agency buys North Carolina broker

Reprints

Marsh & McLennan Agency L.L.C., the middle-market agency subsidiary of Marsh L.L.C., said Thursday it has acquired Highsmith Insurance, a Raleigh, North Carolina-based brokerage firm for an undisclosed sum.

Highsmith offers insurance and bond products to midsize employers and individuals throughout the mid-Atlantic with offices in Raleigh; Charleston, South Carolina; and Nashville, Tennessee, MMA said in a statement.

Highsmith has about 25 employees, according to the company’s website, all of whom will join MMA.

“We are focused on adding high-quality agencies in the mid-Atlantic with strong management, a great mix of business, and talented colleagues with a dedication to client service,” Tom Brown, chairman of MMA mid-Atlantic region, said in a statement.

"Joining MMA provides us with access to a national footprint that will enable us to grow, offer our clients additional expertise and resources, and provide our colleagues new career opportunities,” Ty Highsmith, president of Highsmith, said in a statement.