Marsh & McLennan Agency makes Momentous acquisition

Marsh & McLennan Agency | January 31, 2020

Marsh & McLennan Agency makes Momentous acquisition
Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has today announced its purchase of Momentous Insurance Brokerage, a Los Angeles-based independent insurance agency with particular expertise in the entertainment industry. Momentous provides full-service risk management, insurance and employee benefits solutions. It’s target sectors are high net worth private clients – a known focus within MMA – and the entertainment sector. The brokerage was founded in 2008, and currently has 220 colleagues in three offices in Los Angeles and Torrance, California, and New York City. Following the deal, all 220 Momentous colleagues will join MMA. They will continue under the leadership of Diane Brinson, the agency’s president and CEO. Commenting on the deal, Brinson said: “MMA and Momentous share a commitment to serving clients, finding innovative solutions, and delivering on our promises. I’m thrilled to join a firm that can not only provide additional resources to our clients, but can also present new opportunities to our colleagues.”

Spotlight

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Spotlight

In the state of Florida you’re required to have auto insurance with PIP (personal insurance protection), but it only covers up to $10,000 in medical bills and lost wages, which more than likely won’t be enough in case of a car accident. If you have any questions about your auto insurance policy or any other insurance questions, pick up the phone and give us a call, there’s no cost and we’ll be glad to help you.

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