Marsh McLennan Agency expands West Texas services by acquiring Perkins Insurance.

June 11, 2024
1 min read

TLDR:

  • Marsh McLennan Agency, a subsidiary of Marsh, has acquired Perkins Insurance Agencies to expand its offerings in West Texas.
  • The acquisition allows Marsh McLennan Agency to enhance its local presence and service offerings in the region.

Marsh McLennan Agency has recently announced the acquisition of Perkins Insurance Agencies, an independent agency based in Abilene, Texas. The primary reason for the acquisition is to expand Marsh McLennan Agency’s offerings in West Texas. Perkins Insurance Agencies offers services to businesses, non-profits, and families in West Texas with expertise in sectors such as oil and gas, trucking, farm and ranch, and restaurants. The acquisition allows Marsh McLennan Agency to enhance its local presence and service offerings in the region. All employees of Perkins, including CEO Mark Perkins, will continue to operate from their current offices in Abilene and Eastland, Texas. This move aligns with Marsh McLennan Agency’s strategic goal of providing high-quality client service tailored to local needs, ensuring that local businesses and community members have access to a broader range of resources and industry-leading experts.

Matt Stadler, CEO of Marsh McLennan Agency’s Southwest region, emphasized the reputation of the Perkins team for high-quality client service tailored to the unique needs of their community. By integrating Perkins Insurance, Marsh McLennan Agency aims to leverage the expertise of the new team to better serve the risk mitigation needs of the West Texas community. Perkins CEO Mark Perkins highlighted the decision to join Marsh McLennan Agency as the best way to better serve the evolving risk mitigation needs of the West Texas community. The acquisition is seen as a strategic move to expand the offerings in West Texas while providing impactful insurance solutions tailored to the local needs.

This acquisition not only expands Marsh McLennan Agency’s reach but also ensures that local businesses and community members in West Texas will have access to a wider range of resources and industry-leading experts, enhancing their risk mitigation capabilities and overall service experience.

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