Marsh & McLennan Companies (MMC) Acquires Robins Insurance

Marsh & McLennan Companies, Inc. (NYSE:MMC) is one of the Top Large Cap Stocks to Buy At 52-Week Low. On September 2, Marsh & McLennan Companies, Inc. (NYSE:MMC) announced that Marsh McLennan Agency, a business of Marsh, has acquired Robins Insurance, an independent agency based in Nashville, Tennessee.

Robins specializes in business and personal insurance, serving industries including real estate, construction, hospitality, and manufacturing. The acquisition terms were not disclosed by the company. Following the acquisition, the company will continue operating from its Nashville office with all employees, including CEO Van Robins. Marsh & McLennan Companies, Inc. (NYSE:MMC) aims to expand its presence in the growing Nashville market through this deal. The deal strengthens the company’s footprint in Tennessee and enhances its business insurance capabilities in key regional sectors.

Marsh & McLennan Companies, Inc. (NYSE:MMC) provides professional services in risk management, insurance brokerage, and consulting.

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Disclosure: None. This article is originally published at Insider Monkey.