Marsh McLennan Agency $(MMA)$, a subsidiary of Marsh & McLennan Companies Inc., has expanded its presence in South Florida through the acquisition of Excel Insurance. Excel, founded in 2020 and based in Medley, Florida, specializes in providing property/casualty insurance solutions, with a focus on watercraft and motor vehicle protection, to small businesses and individuals. Following the acquisition, Excel's entire team, led by President Jacob Pared, will integrate into MMA's existing operations in Doral, Florida. Doug Bishop, CEO of MMA's Florida region, expressed enthusiasm about the acquisition, emphasizing its strategic importance in enhancing client services. Jacob Pared highlighted the growth Excel has achieved and noted that joining MMA will offer clients greater access to global resources and expertise.
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