Marsh McLennan Agency acquires Perkins Insurance Agencies

Marsh McLennan Agency , part of global insurance broker and risk advisor Marsh McLennan, has expanded its footprint in the US with the acquisition of Texas-based Perkins Insurance Agencies . Financial details of the transaction were not disclosed.

Founded in 1977, Perkins is an independent insurance and risk management agency. The company specializes in offering a wide range of insurance products including commercial P&C and personal lines coverage to businesses, non-profit organizations and families in the West Texas region, with specialized services for industries such as trucking, oil and gas, and restaurant. Some of the insurance speciality services included in Perkins’ portfolio are auto, cyber liability, employee benefits, employee benefit services, general liability insurance, home, identity theft, life, property, specialty, workers compensation and umbrella.

The acquisition of Perkins will enable Marsh McLennan Agency to offer an expanded set of services to its clients in West Texas.

All Perkins staff including CEO Mark Perkins will remain based at their current offices in Abilene and Eastland, Texas. “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.” – Mark Perkins, CEO at Perkins.

Marsh McLennan Agency is known for providing a broad array of insurance solutions including business insurance, retirement and wealth, employee health and benefits, and private client insurance. It has 10,000 employees and 180 offices across North America. “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.” – Matt Stadler, CEO at Marsh McLennan Agency Southwest region.

Last month, Marsh McLennan Agency acquired New York independent commercial lines brokerage AC Risk Management.