Marsh McLennan Buys Excel Agency in South Florida

Marsh McLennan Agency, part of the global Marsh insurance brokerage and services companies, has acquired Excel Insurance, an insurance agency in Medley, Florida.

Excel was founded in 2020 and provides property/casualty solutions, including auto, watercraft, commercial coverage, homeowners and workers’ compensation insurance, for small businesses and residents in south Florida, the companies said in a news release.

All Excel employees, including President Jacob Pared, will now join MMA in its existing Doral office.

Marsh McLennan, with offices in White Plains, New York, said it advises clients in 130 countries.