Insurance strategies

Marsh McLennan Agency Acquires CS Insurance Strategies

WHITE PLAINS, NY–(BUSINESS WIRE)–Marsh McLennan Agency (MMA), a subsidiary of Marsh, today announced the acquisition of CS Insurance Strategies, Inc., a Chicago-based full-service insurance agency. Terms of the acquisition were not disclosed.

Founded in 2009 by CEO Charles Smith, CS Insurance Strategies is a minority-owned brokerage firm that provides employee health and benefits consulting, commercial insurance and risk management services to organizations of all sizes across the United States. CS Insurance Strategies serves clients across all industries, with specialized expertise in municipal, non-profit and minority-owned businesses. All ten employees will join MMA.

“Over the years, CS Insurance Strategies has grown into a dynamic and influential organization under Charles’ leadership. The agency’s commitment to helping clients solve complex risk and insurance issues very much reflects our own passion for serving growing businesses. We look forward to welcoming Team CS to MMA,” commented MMA Midwest Region CEO Tony Chimino.

Mr. Smith added, “This is an exciting next step for CS Insurance Strategies. By joining MMA, our ability to deliver more competitive strategies and innovative solutions to middle market clients has increased exponentially. Additionally, growth opportunities for our colleagues and our commitment to serving the local community will continue to expand.

About Marsh McLennan Agency

Marsh McLennan Agency (MMA) provides insurance solutions for business, employee health and benefits, retirement and private client insurance to organizations and individuals looking for limitless possibilities. With 9,000 colleagues and 160 offices across North America, MMA combines the personal service model of a local consultant with the global resources of the world’s leading professional services company, McLennan Marsh (NYSE: MMC).

About Marsh

Marsh is the world’s leading insurance broker and risk advisor. With approximately 40,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data-driven risk solutions and advisory services. Marsh is a company of McLennan Marsh (NYSE: MMC), the global leader in professional services in the areas of risk, strategy and human resources. With annual revenue of more than $18 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Marsh, Guy Charpentier, Mercier and Olivier Wyman. For more information, visit mmc.comfollow us on LinkedIn and Twitter or subscribe to EDGE.