Marsh & McLennan Agency Acquires Vero Insurance

6 October 2016 —
McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, today announced that it has acquired Vero Insurance, Inc., a Vero Beach, Florida-based independent agency specializing in private client insurance services. Terms of the transaction were not disclosed.

Founded in 1960, Vero Insurance specializes in providing high net worth individuals, families, and small businesses along Florida's Central Atlantic coast with a wide range of insurance products and services. All of Vero Insurance's 24 employees will join MMA and continue to operate out of the agency's existing office under the leadership of its President Jonathan Schwiering.

"Vero Insurance is a well-run and respected high-net-worth private client agency whose local talent and expertise will complement and expand MMA's capabilities in this important segment," said Dave Eslick, chairman and CEO of Marsh & McLennan Agency. "We welcome Jonathan Schwiering and his team to MMA."

"Joining MMA is an excellent opportunity for Vero Insurance to build upon its success over the last five decades," said Mr. Schwiering. "With access to MMA's additional expertise and resources, our clients will benefit from a wider range of solutions to address their needs, while continuing to enjoy the same signature personal service they've come to expect from Vero." Read the full story Marsh & McLennan Agency Acquires Vero Insurance
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