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Marsh & McLennan Agency buys NewYork-based insurance broker

Marsh & McLennan Agency LLC said April 4 that itacquired Corporate Consulting Services Ltd., a New York-based insurancebrokerage and human resource consulting company.

Terms of the transaction were not disclosed.

Corporate Consulting Services, which generates $6 million inannual revenues, offers employee benefits, retirement planning and humanresource consulting services to clients in the non-profit and for-profitsectors across the Northeast.

Corporate Consulting Services has 20 employees, all of whomare joining Marsh & McLennan Agency's Northeast region. President and CEOGrant Dougherty will continue to lead the team, which will continue to operatein its New York office. The insurance broker will immediately start operatingunder the Marsh & McLennan Agency name.

Marsh & McLennan Agency is a subsidiary of , which is a whollyowned subsidiary of Marsh &McLennan Cos. Inc.