Marsh McLennan Agency continued its acquisition spree with a deal to buy HMS Insurance Associates Inc., an 80-year-old Hunt Valley company. MMA, a subsidiary of Marsh McLennan (NYSE: MMC), in announcing the deal Wednesday, said that HMS Insurance’s more than 120 employees, including President Gary L. Berger, will join MMA and continue to work out of the Hunt Valley office. Terms of the acquisition were not disclosed.
Hunt Valley’s HMS Insurance Associates sells to Fortune 500 company
January 6, 2023
