MMA is a unit of Marsh. Credit: T. Schneider/Shutterstock.

Marsh McLennan Agency (MMA), a subsidiary of US-based insurance broker and risk advisor Marsh, has purchased two insurance companies in the US.  

These are Red Bank, New Jersey-based Hudson Shore Group and AmeriStar Agency, which is based in Wayzata, Minnesota. 

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Set up in 2010, the Hudson Shore Group caters to public sector clients and brings expertise in large-group and alternative-funded benefits programmes. 

It provides employee benefits, consulting and administrative services. 

Marsh McLennan Agency Northeast region CEO Jerry Alderman said: “The Hudson Shore Group team is known for developing and managing comprehensive employee benefits solutions that mitigate the rising costs of healthcare for local school districts and municipalities as well as for small and midsize businesses.  

“Hudson Shore Group is a well-respected employee benefits broker that will further expand our employee health and benefits programmes, making this the right decision for our clients and our team.” 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

AmeriStar Agency, founded in 1987, offers an array of insurance coverage solutions to commercial and high-net-worth individuals. 

Marsh McLennan Agency Upper Midwest region chairman Timothy Fleming said: “As we continue executing on our growth strategy of finding high-quality agencies that meet our evolving client needs, we look forward to working with the AmeriStar team to offer deeper risk management expertise and solutions for businesses and individuals.” 

As per the agreement, all Hudson Shore Group and AmeriStar Agency employees will continue operating out of their offices in Red Bank and Wayzata, respectively.  

Financial terms of both the transactions remain undisclosed.  

These deals follow MMA’s expansion through the acquisition of Perkins Insurance Agencies.  

Perkins, a West Texas-based agency established in 1977, offers specialised services in sectors such as trucking, oil and gas, and the restaurant industry.