Marsh & McLennan Agency LLC, the middle market agency subsidiary of White Plains-based Marsh, acquired iaCONSULTING, a Lubbock, Texas-based employee benefits consulting firm. The terms of the transaction were not disclosed.
IaCONSULTING, founded in 1994, offers employee health and benefits-related services to midsize employers in Texas. The firm will operate out of Marsh & McLennan‘s existing office in Lubbock.
“As a part of (Marsh & McLennan), our clients will now have access to a wider range of products and services to address their emerging and evolving needs,” said Bill Henry, CEO of Marsh & McLennan’s Southwest region.
Marsh & McLennan was established in 2008 to serve as a platform for the middle market. Parent company Marsh is a global leader in insurance broking and risk management.