Marsh & McLennan Agency (MMA), the middle-market subsidiary of Marsh, has announced that it has reached an agreement to acquire Bouchard Insurance, a Clearwater, Fla.-based full-service agency. Terms of the transaction were not disclosed.
Bouchard, founded in 1948, has 260 employees in offices in Clearwater, Tampa, Fort Myers, Kissimmee, Maitland, and Sarasota, Fla. It provides property-casualty, employee health and benefits, and personal-lines insurance to midsize businesses. The firm has special expertise in agribusiness, community associations, construction, education, healthcare, hospitality, staffing, and social services.
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