White Plains, New York – Marsh McLennan Agency (MMA), a business of Marsh and a leading provider of business insurance, employee health and benefits, retirement and wealth, and private client insurance solutions across the US and Canada, today announced the acquisition of Olympic Insurance Agency, a Simi Valley, California-based independent insurance agency. Terms of the acquisition were not disclosed.
Founded in 1947, Olympic primarily provides business insurance, employee benefits and personal asset protection expertise to clients in Southern California, with a specialty in working with real estate investors, property managers, and manufacturing businesses. All Olympic employees, including principals Don and Bob Barberie, will remain working out of their existing Simi Valley office.
“We have admired the team at Olympic, and Don and Bob’s collaborative leadership, for many years,” said Chris Williams, CEO of MMA’s West region. “With their real estate expertise, dedication to innovation, and deep industry and client relationships, we look forward to the new perspectives their team will be able to offer those we serve.”
Don Barberie added: “Delivering exceptional service and proactive risk management solutions has always been at the core of our mission. As we looked toward long-term growth, our priority was finding a partner who could enhance our capabilities and provide our team with the tools to better serve our clients.”
“We are thrilled to have found in MMA a firm that allows us to elevate client outcomes and support the continued professional growth of our team,” said Bob Barberie.
Source: Marsh McLennan Agency
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