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Marsh & McLennan Agency Acquires J.W. Terrill

ST. LOUIS AGENCY EXPANDS MMA’S FOOTPRINT INTO MISSOURI

JW Terrill became a Marsh & McLennan Agency LLC company on July 1 2015.White Plains, New York, July 1, 2015 – Marsh & McLennan Agency LLC (MMA), a subsidiary of Marsh, today announced it has acquired St. Louis, Missouri-based J.W. Terrill, one of the largest independent agencies in the Midwest. Terms of the transaction were not disclosed.

With this acquisition, MMA expands its growing national footprint into Missouri and reinforces its commitment to building one of the nation’s preeminent insurance agencies serving the risk management and employee benefits needs of middle market companies.

Founded in 1972, J.W. Terrill provides commercial and personal insurance, surety bonds, risk management and loss control, employee benefits, and benefits administration services to clients throughout the US. It has approximately 195 employees and generates $32 million in revenues. All of J.W. Terrill’s employees and leadership, including CEO Andrew Thome, will join MMA’s upper Midwest region and continue to operate out of its office in St. Louis, Missouri.

“With its strong leadership, commitment to client service, and blend of risk management and employee benefits service offerings, J.W. Terrill is a perfect fit to join MMA,” said David Eslick, MMA chairman and CEO. “I welcome Andy Thome and his team and look forward to expanding our presence in the Midwest.”

Mr. Thome added: “As we enter the next chapter in J.W. Terrill's 43-year history, we are excited to join forces with MMA and provide our clients with an array of expanded services and our colleagues with additional opportunities. Our team is looking forward to retaining our successful operating model and culture while being able to collaborate with the great MMA agencies across the United States.”

About Marsh & McLennan Agency

Marsh & McLennan Agency LLC, a subsidiary of Marsh, was established in 2008 to meet the needs of midsize businesses in the US. MMA offers commercial property, casualty, personal lines, and employee benefits to clients across the US.

About Marsh

Marsh is a global leader in insurance broking and risk management. Marsh helps clients succeed by defining, designing, and delivering innovative industry-specific solutions that help them effectively manage risk. Marsh’s approximately 27,000 colleagues work together to serve clients in more than 130 countries. Marsh is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global professional services firm offering clients advice and solutions in the areas of risk, strategy, and people. With 57,000 colleagues worldwide and annual revenue exceeding US$13 billion, Marsh & McLennan Companies is also the parent company of Guy Carpenter, a leader in providing risk and reinsurance intermediary services; Mercer, a leader in talent, health, retirement, and investment consulting; and Oliver Wyman, a leader in management consulting. Follow Marsh on Twitter @MarshGlobal, or on LinkedIn, Facebook and YouTube.