Marsh & McLennan Agency (MMA) has acquired Corporate Consulting Services (CCS), an insurance brokerage and human resources consulting firm. The terms of the transaction were not disclosed.
Corporate Consulting Services specialises in providing employee benefits, retirement planning and human resource consulting services to a diverse range of clients in the non-profit and for-profit sectors across the Northeastern US.
As part of the acquisition, 20 employees from CCS will join Marsh’s Northeast region business. CCS will continue to operate from its New York office under the leadership of its president and CEO, Grant Dougherty.
CCS will immediately begin operating under the Marsh & McLennan Agency name.
Anthony Gruppo, CEO of MMA’s Northeast region business, said: “We are delighted to welcome CCS’s talented and experienced leaders and colleagues to MMA. With the addition of CCS, we further enhance our employee benefits platform and design to better serve the needs of our clients in the Northeast region.”
Dougherty said: “As the healthcare and human resource landscape continues to evolve, joining forces with MMA provides our clients with access to even greater depth and breadth of expertise and a wider array of services and solutions.”