Marsh & McLennan Agency (MMA), a subsidiary of insurance broker Marsh, on Friday announced that it had acquired Kinker-Eveleigh Insurance Agency, a Cincinnati-based property/casualty firm. Terms of the deal were not disclosed.
"I'm thrilled that Kinker-Eveleigh will become part of MMA's Midwest region," said Jeff Lightner, MMA's Midwest president in a statement announcing the transaction. "With the addition of such high-quality talent, we enhance our ability to offer a full spectrum of property/casualty and employee benefit capabilities to our clients in the Midwest."
Kinker-Eveleigh reportedly brought in about $3.5 million in revenue last year and will operate out of MMA's Midwest region, which includes Brower Insurance, which was acquired by MMA in 2012. All of the existing staff and leadership will stay on as part of MMA, working out of their current office space in Cincinnati.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
