Marsh to Acquire SME Insurance Services (SMEi)
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Marsh & Mclennan (MMC) Unit to Acquire SME Insurance Services
June 1, 2015 11:30 AM EDTMarsh -- a unit of Marsh & Mclennan (NYSE: MMC) -- announced that it had reached a definitive agreement to acquire Leeds-based SME Insurance Services (SMEi), an independent broker which provides specialist commercial insurance to small and medium-sized enterprises across the UK. Terms of the transaction, which is expected to close in the third quarter of this year, were not disclosed.
SMEi has developed a highly effective online and telephone-based business model which enables it to provide clients with flexible and... More
