Friday, March 1, 2024 |
FOLLOW US:

Hunt Valley’s HMS Insurance Associates sells to Fortune 500 company

January 6, 2023

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.

Article Source: Baltimore Business Journal

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.