Marsh McLennan Agency Expands Portfolio with Acquisition of Marine Insurance Expert Robinson & Son

Marsh McLennan Agency (MMA) has recently announced its acquisition of Robinson & Son, a Hudson Falls, New York-based agency that specializes in the maritime industry. This strategic move aims to enhance MMA’s capabilities in serving clients within this evolving sector.

While the terms of the acquisition remain undisclosed, the integration of Robinson & Son into MMA is expected to bring significant benefits. Founded in 2005 by James Robinson and his father, Peter Robinson—who has since retired—the agency has built a strong reputation in providing both commercial and personal lines insurance.

All employees from Robinson & Son, including co-founder and agency principal James Robinson, will join MMA and continue their operations from their existing office location. This continuity is crucial for maintaining the strong relationships and service standards that have defined the agency’s success.

James Robinson expressed his enthusiasm about the acquisition, stating, “The risks that our clients in the maritime space face today are evolving and becoming more complex than ever before. By joining MMA, we will have access to broader resources that will enhance our client service capabilities and enable us to provide additional solutions for clients, all while maintaining our staff and service that make us who we are.” This sentiment highlights the importance of adapting to the changing landscape of the maritime industry.

Marsh McLennan Agency is a significant player in the insurance sector, operating as a business unit of Marsh, which boasts an impressive annual revenue exceeding $24 billion and employs more than 90,000 colleagues worldwide. This acquisition not only strengthens MMA’s position in the maritime insurance market but also aligns with its commitment to delivering exceptional service to clients.

Topics
Mergers & Acquisitions

Marsh McLennan Agency (MMA) has recently announced its acquisition of Robinson & Son, a Hudson Falls, New York-based agency that specializes in the maritime industry. This strategic move aims to enhance MMA’s capabilities in serving clients within this evolving sector.

While the terms of the acquisition remain undisclosed, the integration of Robinson & Son into MMA is expected to bring significant benefits. Founded in 2005 by James Robinson and his father, Peter Robinson—who has since retired—the agency has built a strong reputation in providing both commercial and personal lines insurance.

All employees from Robinson & Son, including co-founder and agency principal James Robinson, will join MMA and continue their operations from their existing office location. This continuity is crucial for maintaining the strong relationships and service standards that have defined the agency’s success.

James Robinson expressed his enthusiasm about the acquisition, stating, “The risks that our clients in the maritime space face today are evolving and becoming more complex than ever before. By joining MMA, we will have access to broader resources that will enhance our client service capabilities and enable us to provide additional solutions for clients, all while maintaining our staff and service that make us who we are.” This sentiment highlights the importance of adapting to the changing landscape of the maritime industry.

Marsh McLennan Agency is a significant player in the insurance sector, operating as a business unit of Marsh, which boasts an impressive annual revenue exceeding $24 billion and employs more than 90,000 colleagues worldwide. This acquisition not only strengthens MMA’s position in the maritime insurance market but also aligns with its commitment to delivering exceptional service to clients.

Topics
Mergers & Acquisitions