FOR IMMEDIATE RELEASE
White Plains, New York
– Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, announced today the acquisition of Aviation Solutions, LLC, a leading aviation risk advisor and insurance broker based in Lee’s Summit, Missouri. Terms of the transaction were not disclosed.
Founded in 2004, Aviation Solutions offers customized aviation risk insurance programs for individual, corporate, and commercial clients across the United States. Aviation Solutions will operate out of MMA’s existing Overland Park, Kansas, office, which is part of MMA’s upper Midwest region.
“The addition of this tremendous professional team in Overland Park provides specialized aviation industry expertise and experience that will benefit clients throughout the upper Midwest and across the country,” said David Eslick, chairman and CEO of MMA. “Their exemplary leadership and reputation for being client-focused make them excellent additions to MMA, and I welcome them to the firm.”
Aviation Solutions CEO Kyle White added: “We are excited to join the MMA team. This transition is an excellent opportunity to expand our reach, while ensuring new opportunities for our associates and more resources for our clients. Aviation Solutions’ commitments to those we serve and the broader aviation industry will remain our focus as we continue to deliver the world-class service and expertise our clients have come to expect.”
About Marsh & McLennan Agency
Marsh & McLennan Agency LLC is a subsidiary of Marsh established in 2008 to primarily serve the needs of the middle market. In 2015, it expanded its national footprint into Canada. MMA offers commercial property, casualty, personal lines, and employee benefits to midsize businesses and individuals across North America.
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 global leader in providing risk and reinsurance intermediary services; Mercer, a global leader in talent, health, retirement, and investment consulting; and Oliver Wyman, a global leader in management consulting. Follow Marsh on Twitter @MarshGlobal, or on LinkedIn, Facebook and YouTube.