Marsh McLennan Agency, a subsidiary of Marsh, has entered into a definitive agreement to acquire Horton Group, an Illinois-based insurance brokerage.
Founded in 1971, Horton offers P&C insurance, employee benefits consultation, and personal lines coverage to businesses and individuals across Indiana, Illinois, Wisconsin, Minnesota, and Florida.
Horton employees, including CEO Dan Horton, will join Marsh McLennan Agency and continue operating out of their nine existing offices.
Tony Chimino, CEO of Marsh McLennan Agency in the Midwest region, emphasises: “We have been impressed by the Horton team and their capabilities for many years and are thrilled to welcome them to Marsh McLennan Agency.
“From their industry specialties to their breadth of expertise, they share our passion for bringing clients a strategic approach to risk management.”
Horton says: “Marsh McLennan Agency is among the best in the business, and we are proud to be a part of their team. We’re eager to hit the ground running to deliver enhanced solutions for clients as they navigate their unique exposures.”
The deal is anticipated to close within the third quarter of 2024.
