Marsh McLennan Agency has acquired several Honolulu-based insurance brokerages from Tradewind Group to enhance its service offerings and strengthen its market presence in Hawai‘i.
Information on the Target
Marsh McLennan Agency (MMA), a prominent entity within Marsh, has recently acquired several privately owned insurance brokerage firms located in Honolulu, Hawai‘i. The acquired firms include Atlas Insurance Agency, Pyramid Insurance Centre, and IC International, which collectively represent a significant presence in the state's insurance market. These brokerages offer a diverse range of insurance solutions tailored for both businesses and individuals across Hawai‘i, with specialized services in areas such as municipality, transportation, and hospitality.
The acquisition brings together the strong reputations and expertise of these firms, ensuring a seamless transition for their existing clients. All employees from Atlas, Pyramid, and IC will join MMA, continuing their operations from their current offices to maintain local relationships and service continuity.
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Industry Overview in Hawai‘i
The insurance industry in Hawai‘i is characterized by its resilience and adaptability, serving a diverse economy largely dependent on tourism and related sectors. The presence of special
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