Marsh & McLennan buys the Protector Group Insurance Agency of Worcester
Founded in 1928, Protector Group is one of the largest independent agencies in New England, with about $13.6 million in annual revenues and 84 employees. The firm also has offices in Leominster and Wellesley, MMA said in a press release.
“Protector Group’s strong regional presence, top-notch leadership, and blend of property/casualty and employee benefits make it a perfect fit for MMA in New England,” Jim Blue, chief executive of Marsh & McClennan Agency’s New England region, said in a statement. “With the addition of Protector Group, we double the size of the region and further enhance our ability to offer property/casualty and employee benefit capabilities to our clients.”
Marsh & McClennan Agency is a subsidiary of insurance broker Marsh Inc., a global company with roughly 26,000 employees.Chris Reidy can be reached at firstname.lastname@example.org.