Marsh McLennan Agency (MMA), a subsidiary of Marsh, has signed agreements to acquire two Louisiana-based middle-market agencies, Querbes & Nelson (Q&N) and Louisiana Companies.
According to the firm, upon closing of the transactions, Louisiana Companies and Q&N’s employees, including George Nelson, Managing Director and Co-owner of Louisiana Companies and Q&N; Mike Belanger, President, Chief Operating Officer (COO) and Co-owner of Q&N; and Ryan Allen, Chief Sales Officer of Louisiana Companies, will join MMA and continue to operate out of their four offices across the state.
Meanwhile, Kevin Briggs, currently President and COO of Louisiana Companies, will become CEO of both agencies, while the aforementioned Nelson will become a senior advisor. The transactions are expected to close by the end of the first quarter of 2024.
Matt Stadler, CEO of MMA’s Southwest region, commented, “Querbes & Nelson and Louisiana Companies are leading agencies with an unwavering commitment to client service and deep expertise in key industries.
“Louisiana is home to a diverse and resilient economy that these two organizations will help us serve with impactful solutions to minimize risk.”
Nelson added, “We are thrilled to be joining the Marsh McLennan Agency team. This was the right decision for our businesses as we continue looking for new ways to offer the best possible risk management solutions for clients.
“Our employees will now have access to a larger inventory of resources to not only help their clients achieve their goals, but to accomplish their own professional goals.”
Briggs said, “As new threats continue to emerge for our clients, we must stay ahead of the curve to deliver effective risk mitigation strategies that address their distinct risk profiles.
“Coming aboard Marsh McLennan Agency, we are looking forward to providing clients with more tools and resources to protect their workforce and their operations.”
