|[September 03, 2014]
Marsh Canada Acquires Kocisko Insurance Brokers Inc.
TORONTO --(Business Wire)--
Marsh Canada, a subsidiary of Marsh, a global leader in insurance
broking and risk management, announced today the acquisition of Kocisko
Insurance Brokers Inc., a full-service commercial insurance brokerage
based in Montreal, Quebec. Terms of the transaction were not disclosed.
Kocisko focuses on providing commercial insurance and risk management
solutions to construction and surety operations throughout the province
of Quebec. The Kocisko team will join Marsh Canada's National
Construction and Surety Practice, and will be based in Marsh's Montreal
"I'm delighted to welcome Terry Kocisko and his talented and experienced
team of construction and surety specialists to Marsh," said Alan Garner,
president & CEO, Marsh Canada Limited. "This addition enables us to
offer greater resources and a broader platform to serve the needs of
construction clients in Quebec."
"Becoming a part of Marsh Canada Limited is a terrific evolution for
Kocisko," said Terry Kocisko, CEO of Kocisko. "Our clients will benefit
from the tremendous service and broader array of capabilities and
resources that Marsh has to offer."
is a global leader in insurance broking and risk management. We help
clients succeed by defining, designing, and delivering innovative
industry-specific solutions that help them effectively manage risk. We
have approximately 27,000 colleagues working together to serve clients
in more than 100 countries. Marsh is a wholly owned subsidiary of Marsh
& McLennan Companies (NYSE: MMC), a global professional services
firm offering clients advice and solutions in the areas of risk,
strategy, and human capital. With more than 54,000 employees worldwide
and approximately $12 billion in annual revenue, Marsh & McLennan
Companies is also the parent company of Guy
Carpenter, a global leader in providing risk and reinsurance
intermediary services; Mercer,
a global leader in talent, health, retirement, and investment
consulting; and Oliver
Wyman, a global leader in management consulting. Follow Marsh on
Twitter (News - Alert) @MarshGlobal.
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