Marsh McLennan Agency acquires Chicago-based CS Insurance Strategies
Marsh McLennan Agency (MMA), a subsidiary of global insurance broker and risk advisor Marsh, has acquired CS Insurance Strategies, a Chicago-based insurance agency for an undisclosed price.
CS Insurance Strategies was established in 2009. The insurance brokerage offers business insurance, employee health and benefits, and risk management consulting services.
It caters to organizations of all sizes in the US.
Charles Smith — CS Insurance Strategies founder and CEO said: “This is an exciting next step for CS Insurance Strategies. By joining MMA, our capacity to deliver more competitive strategies and innovative solutions to mid-market clients has increased exponentially. In addition, the growth opportunities for our colleagues and dedication to serving the local community will continue to expand.”
The clients of CS Insurance Strategies are said to span across all industries. The insurance agency, which has a workforce of 10 people, has specialized expertise in non-profit, municipal, and minority-owned businesses.
Tony Chimino — Marsh McLennan Agency Midwest region CEO said: “Over the years, CS Insurance Strategies has grown to be a dynamic and influential organization under Charles’ leadership. The agency’s commitment to helping clients navigate complicated risk and insurance issues very much mirrors our own passion for serving growing businesses.”
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