WHITE PLAINS, N.Y.–Marsh McLennan Agency (MMA), a subsidiary of Marsh, today announced the acquisition of InSource Insurance Group LLC, a leading independent agency in Texas. Terms of the acquisition were not disclosed.
InSource Insurance Group was formed in 1986 to provide business insurance, employee health and benefits, private client, and surety services to the oil and gas, construction, manufacturing, and transportation industries. InSource will help lead the Southwest region’s energy industry vertical, with 45 employees across offices in Midland and Odessa, Texas, joining MMA.
“Based in the heart of the Permian Basin, InSource Insurance Group is well respected within the region for their commitment to quality client service and industry expertise,” commented Bill Henry, CEO of MMA’s Southwest region. “The InSource team, its leadership, and its knowledge of the oil and gas industry are valuable additions to MMA’s growing organization.”
David L. Wood, Partner at InSource Insurance Group, said, “Joining MMA provides more opportunities for both our colleagues and our clients. We’re looking forward to providing our clients with access to new expertise, tools and resources, making us an even stronger partner for businesses in West Texas.”
Source: Marsh McLennan Agency
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