Marsh’s marketing agency subsidiary Marsh McLennan Agency has acquired Vaaler Insurance, an independent agency in North Dakota.
Vaaler is a third generation family-owned business, providing business insurance, employee health and benefits, and personal lines solutions, with specialised expertise in the construction, education, and healthcare industries.
Founded in 1947, the company employs 81 people across offices in Grand Forks, Fargo, and Bismarck, North Dakota, as well as Fosston, Minnesota.
Current CEO, Bruce Vaaler will continue to lead operations in the four locations.
Timothy Fleming, CEO of MMA’s Upper Midwest region commented: “Over 70 years the Vaaler team have built a regional agency recognised for their commitment to delivering exceptional client service and innovative insurance solutions. Today, we’re excited to welcome Bruce and his colleagues to our growing MMA family.”
Vaaler stated: “As risk continues to evolve, so does the need to provide sophisticated solutions and expertise to our clients. Joining MMA gives us the added strength and resources that will allow us to both support our clients and provide growth opportunities for our colleagues well into the future.”