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McGill & Partners to buy certain specialty business from Marsh

McGill & Partners signed an agreement with Marsh Ltd. and JLT Specialty Ltd. to acquire renewal rights to certain specialty business from Marsh in London.

Business in the specialty unit primarily comes from third-party wholesale or independent brokers.

McGill & Partners is a specialty risk solutions company that focuses on strategic risk placement and advice for corporate clients.

Marsh & McLennan Cos. Inc.'s Marsh unit in November 2018 said it would combine its specialty business with that of Jardine Lloyd Thompson Group Ltd. when the companies' deal closed. That deal completed in April.