Marsh to acquire stake in Moroccan insurance broker

Posted On: Jun. 17, 2019 5:42 AM CST

U.S.-based Marsh and McLennan Cos Inc. is buying a minority stake in Moroccan insurance broker Beassur as part of its plans to expand its operations in north and west Africa, Middle East Insurance Review reported. Beassur provides commercial risk management and insurance brokerage primarily in the construction and public sectors.