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Marsh McLennan Agency Acquires Olympic Insurance Agency

1. Marsh McLennan Agency acquires Olympic Insurance Agency, enhancing its market presence. 2. Acquisition could strengthen MMA’s business insurance and employee benefits services.

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FAQ

Why Bullish?

Historical acquisitions in the insurance sector often drive growth. MMA's services expansion may attract more clients, bolstering revenue.

How important is it?

This acquisition could significantly enhance MMA’s service offerings, leading to potential revenue growth.

Why Long Term?

Strategic acquisitions typically yield long-term benefits. MMA’s expansion into new markets could enhance its competitive edge over time.

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MMCMARSHAONWLTW
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Marsh McLennan Agency (MMA), a business of Marsh and a leading provider of business insurance, employee health and benefits, retirement and wealth, and private client insurance solutions across the US and Canada, today announced the acquisition of Olympic Insurance Agency, a Simi Valley, California-based independent insurance agency. Terms of the acquisition were not disclosed. Founded in 1947, Olympic primarily provides business insurance, employee benefits.

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