Marsh Unit Marsh McLennan Agency To Acquire Independent Insurance And Advisory Firm Accel Holdings; Financial Terms Not Disclosed
The Accel Group was founded in 1936, further establishing its legacy through a strategic merger with Millhiser Smith Agency in 2018, which itself was founded in 1928. Today, the firm provides commercial and personal
Marsh McLennan, a big insurance company, is buying a smaller insurance firm called Accel to grow its business. When companies buy other companies, it usually means they want to serve more customers and get stronger.
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