Marsh McLennan Agency announces acquisition of The Horton Group
Marsh McLennan Agency, a subsidiary of the renowned insurance giant Marsh, has officially declared its acquisition of The Horton Group, Inc., a distinguished insurance brokerage based in Orland Park, Illinois. This strategic move aims to bolster Marsh McLennan’s presence in the U.S. insurance market, where Horton has been a key player offering a wide range of insurance solutions.
Founded in 1971, The Horton Group specializes in property and casualty insurance, employee benefits consultation, and personal lines coverage, serving clients across Indiana, Illinois, Wisconsin, Minnesota, and Florida. With this acquisition, Horton’s team, including CEO Dan Horton, will integrate into Marsh McLennan Agency, continuing operations from their nine established offices.
Tony Chimino, CEO of Marsh McLennan Agency’s Midwest region, expressed his enthusiasm about the merger: “We have admired the Horton team’s capabilities for many years. Their industry specialties and breadth of expertise align perfectly with our commitment to strategic risk management for our clients.”
Dan Horton echoed this sentiment, stating, “Joining forces with Marsh McLennan Agency, a leader in the insurance industry, is a proud moment for us. We are eager to leverage this new partnership to deliver enhanced solutions to our clients facing diverse exposures.”
This acquisition is set to close in the third quarter of 2024, further expanding Marsh McLennan Agency’s already substantial footprint. The company offers a comprehensive range of services including business insurance, employee health and benefits, retirement and wealth solutions, and private client insurance across North America. With over 11,000 colleagues and 200 offices, the agency marries the personalized service of local consultants with the vast resources of one of the world’s foremost professional services firms.
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