WHITE PLAINS, N.Y.–Marsh McLennan Agency (MMA), a subsidiary of Marsh, today announced the acquisition of Steinberg & Associates, Inc., a leading independent agency based in Spartanburg, South Carolina. Terms of the acquisition were not disclosed.
Founded in 1969, Steinberg & Associates offers employee health and benefits, estate planning, and private client services to midsize businesses and individuals throughout South and North Carolina and Georgia. Hank Steinberg, President of Steinberg & Associates, will join MMA along with his employees.
“Hank and his team have built a client-focused firm committed to excellence,” commented John Stanchina, CEO of MMA’s Mid-Atlantic region. “Their expertise expands and enhances our personalized client service approach within the region.”
Mr. Steinberg added: “Joining MMA is an opportunity for us to not only provide growth opportunities for our colleagues but also to better support our clients through the vast resources and innovative solutions available through MMA. We’re eager to bring the best of MMA to our clients and our colleagues.”
Source: Marsh McLennan Agency
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