Marsh & McLennan Agency LLC (MMA), the middle market agency of global re/insurance broker Marsh, has announced the acquisition of Momentous Insurance Brokerage, an independent insurance agency based in Los Angeles, California.
Founded in 2008, Momentous is a risk management and employee benefits firm specialising in high net worth private client services and insurance solutions for the entertainment industry.
Following the takeover, all 220 Momentous colleagues will join MMA from their three offices in Los Angeles and Torrance, California, and New York City.
Additionally, MMA confirmed that Diane Brinson, President and CEO of Momentous, will continue to lead operations.
“Momentous has a long-established reputation for both their dedication to serving clients across the country and their expertise in the entertainment, film, and TV industries,” said David Eslick, CEO of MMA.
“We are excited to collaborate with the Momentous team and work together to further enhance our client offerings,” he added.
Chris Williams, CEO of MMA’s West region, also commented: “Diane and her team have built a strong business known for its commitment to clients, colleagues, and the community. Their corporate culture and industry expertise are meaningful additions to the MMA organization both within the region and nationwide.”
And finally, Diane Brinson stated: “MMA and Momentous share a commitment to serving clients, finding innovative solutions, and delivering on our promises. I am thrilled to join a firm that can not only provide additional resources to our clients, but can also present new opportunities to our colleagues.”