Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh Inc, has acquired of Security Insurance Services Inc. Terms of the transaction were not disclosed.

MMA says Security Insurance Services has annual revenue of about $10 million and offers a broad range of P&C and employee benefits products and services to a variety of businesses and individuals throughout the Midwest. It has particular specialties in the senior living health care, construction and manufacturing industries.

Security Insurance Services will operate as a division of RJF, an MMA company, expanding MMA’s presence in Wisconsin. All of Security Insurance Services’ 65 employees, including Scott Naze, president and CEO, will join MMA’s upper Midwest hub and continue to work out of their existing offices in New Berlin, Wis., and Appleton, Wis.

Register or login for access to this item and much more

All Digital Insurance content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access