-

Marsh McLennan Agency Acquires Olympic Insurance Agency

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--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.

“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.”

Share

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.

About Marsh McLennan Agency
Marsh McLennan Agency, a business of Marsh, is a leading provider of business insurance, employee health & benefits, retirement & wealth, and private client insurance solutions across the US and Canada. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of over $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marshmclennan.com, follow us on LinkedIn and X.

About Marsh
Marsh, a business of Marsh McLennan (NYSE: MMC), is the world’s top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of over $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marshmclennan.com, follow us on LinkedIn and X.

Contacts

Lexie O’Connor
Media Relations
(857) 772-0150
alexandra.oconnor@marshmma.com

Marsh McLennan Agency

NYSE:MMC

Release Versions

Contacts

Lexie O’Connor
Media Relations
(857) 772-0150
alexandra.oconnor@marshmma.com

Social Media Profiles
More News From Marsh McLennan Agency

Marsh McLennan Agency Acquires Three Hawai‘i-based Insurance Brokerages

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--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 several privately owned Honolulu, Hawai‘i-based insurance brokerages from Tradewind Group, a diversified Hawai‘i investment company. Terms of the acquisition were not disclosed. Collectively, Atlas Insurance Agency...

Marsh McLennan Agency Acquires Hayden Wood Insurance Agency

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--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 Hayden Wood Insurance Agency Inc., a Southborough, Massachusetts-based independent agency. Terms of the acquisition were not disclosed. Founded in 1946, Hayden Wood primarily provides personal lines expertise to cl...

Global Commercial Insurance Rates Fall 4% in Q3 2025, Marking the Fifth Consecutive Quarterly Decrease

NEW YORK--(BUSINESS WIRE)--According to the latest Global Insurance Market Index released today by Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan (NYSE: MMC), global commercial insurance rates fell, on average, by 4% in the third quarter of 2025, repeating the 4% decline recorded in Q2 2025. Growing competition among insurers, coupled with favorable reinsurance pricing, were the primary drivers for the rate decline along with increased market capac...
Back to Newsroom