Marsh, a wholly-owned subsidiary of Marsh & McLennan, has acquired Cosmos Services (America) Inc., an insurance brokerage subsidiary of global trading firm ITOCHU Corp. Terms of the transaction were not disclosed.
Marsh says that, with offices in New York, Los Angeles and Chicago, Cosmos specializes in providing commercial P&C, personal lines and employee benefits brokerage services to U.S. subsidiaries of Japanese companies. It has annual revenues of about $8 million.
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
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access