Marsh McLennan has announced the acquisition of The Horton Group, a leading insurance brokerage and one of the top independent insurance brokers. The terms of the deal have not been disclosed.
Founded in 1971, Horton offers property and casualty insurance, employee benefits consultation, and personal lines coverage to businesses and individuals across Indiana, Illinois, Wisconsin, Minnesota, and Florida. Upon completion of the deal, Horton employees will join Marsh McLennan Agency, continuing to operate from their nine existing offices, including CEO Dan Horton.
Anthony Chimino , CEO of Marsh Midwest, commented: “We have been impressed by the Horton team and their capabilities for many years and are thrilled to welcome them to Marsh McLennan Agency. From their industry specialties to breadth of expertise, they share our passion for bringing clients a strategic approach to risk management.”
Dan Horton , CEO of Horton, added: “Marsh McLennan Agency is among the best in the business, and we are proud to be a part of their team. We’re eager to hit the ground running to deliver enhanced solutions for clients as they navigate their unique exposures.”
The deal is expected to close in the third quarter of 2024, subject to regulatory requirements.
