Marsh & McLennan acquires Rockville insurance agency

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Marsh & McLennan Agency (MMA) LLC has acquired a Rockville, Md.-based insurance agency specializing in construction.

MMA is the middle market agency subsidiary of Marsh.

Terms of the transaction were not disclosed.

Founded in 1956, Insurance Associates provides commercial property/casualty insurance, surety, and employee health and benefits solutions to clients throughout the Mid-Atlantic.

It operates out of four offices in Rockville; Laurel, Md.; Towson, Md.; and Fairfax. The agency’s  59 employees will join MMA and continue to work out of their current locations.

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