Home Insurance Marsh & McLennan Agency acquires Arizona insurance firm

Marsh & McLennan Agency acquires Arizona insurance firm

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Marsh & McLennan Agency LLC (MMA) has acquired Lovitt & Touché, a Phoenix-headquartered insurance agency focused on Arizona and the Western states. Terms of the transaction were not disclosed.

Marsh and MclennanThe acquired firm, which was founded in 1911, will operate as Lovitt & Touché, a Marsh & McLennan Agency LLC company, and Charlie Touché, who has been the company’s CEO since 1998, will lead operations in Arizona. Lovitt & Touché employs 181 individuals with offices in Phoenix, Tucson and Las Vegas.

“Arizona is a thriving marketplace for businesses of all sizes, and we are proud to welcome Lovitt & Touché as we expand our national footprint,” said David Eslick, CEO of the White Plains-based MMA.

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