MMA acquires Florida-based Excel Insurance

ReutersJul 2, 2025 2:48 PM

By Mia MacGregor

July 2 - (The Insurer) - Marsh McLennan Agency has acquired Excel Insurance, an independent agency based in Medley, Florida.

The terms of the transaction were not disclosed.

Founded in 2020, Excel provides property and casualty insurance solutions to small businesses and individuals in South Florida, with specialties in watercraft and motor vehicle protection. All Excel employees, including president Jacob Pared, will join MMA at its existing Doral office.

“Joining MMA is the next step in our mission to deliver clients the solutions they need to thrive via access to global resources and industry knowledge, while simultaneously deepening the team of local experts available,” said Pared.

MMA is the middle market agency subsidiary of Marsh McLennan's retail brokerage operations Marsh.

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