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Slide #29. Marsh & McLennan Agency — Barney & Barney
Marsh & McLennan Agency (NYSE:MMC)
Barney & Barney
In its largest acquisition to date, Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh LLC., today announced it has acquired San Diego, California-based Barney & Barney, LLC, the country's 34th largest brokerage firm. Terms of the transaction were not disclosed.
Marsh & McLennan Companies is a holding company. Through its subsidiaries, Co. is engaged as a services firm in the areas of risk, strategy and people. Co. conducts business through two segments: Risk and Insurance Services, which includes risk management activities (risk advice, risk transfer and risk control and mitigation solutions) as well as insurance and reinsurance broking and services and Co. conducts business in this segment through Marsh and Guy Carpenter; and Consulting, which includes health, wealth and career services and products, and other management, economic and brand consulting services and Co. conducts business in this segment through Mercer and Oliver Wyman Group.
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