Commercial insurance broker based in Tennessee, Bradley Insurance Agency, has been acquired by Marsh McLennan Agency (MMA), a subsidiary of Marsh. The terms of the acquisition have not been disclosed.
According to the announcement, all Bradley Insurance employees will be joining MMA, including Kendall and Kevin Bradley who acquired the agency in 2014 from Steve Bradley who founded it in 1972.
Peter Krause, CEO of MMA’s Southeast region, commented: “With the addition of Bradley Insurance, we’re expanding our insurance expertise in eastern Tennessee under the direction of a highly respected and accomplished team. We are proud to welcome Bradley Insurance to the MMA family.”
Kendall Bradley added: “We are looking forward to continuing to tailor our services to the needs of local businesses and individuals, while also expanding our capabilities as a part of the leading global insurance broker.
“Joining MMA is an exciting step forward for our clients and colleagues, as we expand the ways in which we can offer innovative solutions for clients’ evolving challenges and further invest in the growth of our employees.”
The acquisition comes at a time of continued expansion for MMA, having acquired Steinberg & Associates in September as well as CS Insurance Strategies and Clark Insurance earlier this year.
