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 clients nationally, with a specialty in collector auto and motorsports products. All employees, including President and Owner Morgan Duffy, will join MMA and remain working out of their existing Southborough office.

Commenting on the acquisition, Pete Walther, President and CEO of MMA’s Private Client Services division, said: “Not only are the needs of our high-net-worth clients unique, but even more so for each individual asset they need protected. Hayden Wood brings a wealth of expertise and a deep-rooted passion for motorsports, which will enable us to engage meaningfully with clients and deliver tailored solutions that protect the unique assets and passions they value most.”

Mr. Duffy added: “We are proud of the trust that our clients put in us to protect their valuable assets. We do not take lightly the responsibility we have to provide them with the best service possible. Joining MMA will enable our team to refine the expertise and outcomes we’re able to deliver in today’s evolving personal lines insurance market.”

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.