Marsh & McLennan Agency (MMA), a subsidiary of insurance broker Marsh Inc., has set forth a strategy to build a preeminent property/casualty and employee benefits organization to serve the needs of the middle market. And, the firm is acting on it. Just in the month of November, MMA announced three acquisitions: Seitlin Insurance, an insurance brokerage firms South Florida, Gallagher & Associates Inc. a property/casualty insurance agency specializing in public school districts, and the employee benefits division of Kaeding, Ernst & Company a Marlborough, Massachusetts-based employee benefits, life insurance, and financial planning consulting firm. Terms of all three transactions were not disclosed.

With an annual revenue of approximately $24 million and 119 employees in three Florida offices: Miami, Fort Lauderdale, and West Palm Beach, Seitlin will serve as MMA’s Florida hub. “Seitlin’s excellent reputation, strong management team, and blend of property/casualty and employee benefit business make it an ideal partner for MMA,” said Dave Eslick, chairman and CEO of MMA.

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