Marsh McLennan Agency, a subsidiary of Marsh, has acquired Perkins Insurance Agencies, an Abilene, Texas-based independent agency.
Established in 1977, Perkins provides commercial property and casualty (P&C) and personal lines coverage to West Texas-based organisations, non-profits, and families, with specialised expertise in the oil and gas, trucking, farm and ranch, and restaurant industries.
It has been confirmed that all of Perkins’ employees, including Mark Perkins, the company’s Chief Executive Officer (CEO), will continue working out of their existing Abilene and Eastland, Texas, offices.
Terms of the acquisition were not disclosed.
Matt Stadler, CEO of Marsh McLennan Agency’s Southwest region, commented on the acquisition: “The Perkins team is known for high-quality client service tailored to the unique needs of their community. As we look to expand our offerings in West Texas, their reputation for impactful commercial and personal insurance solutions made this the right decision for our team.”
Perkins, also commented: “We are constantly looking for new ways to better serve the West Texas community in their evolving risk mitigation needs. Joining Marsh McLennan Agency was the best decision we could make for clients. Our colleagues will now have access to a team of industry-leading experts and resources to deliver even more powerful results for our local businesses and community members.”
Meanwhile, Marsh McLennan Agency recently acquired AC Risk Management (ACRM), an independent commercial lines brokerage based in Melville, New York.
