Marsh McLennan Agency Acquires Three Hawai‘i-based Insurance Brokerages

Business Wire

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--
Marsh McLennan Agency (MMA), a business of Marsh and a leading provider of business insurance, employee health and benefits, retirement and wealth, and private client insurance solutions across the US and Canada, today announced the acquisition of several privately owned Honolulu, Hawai‘i-based insurance brokerages from Tradewind Group, a diversified Hawai‘i investment company. Terms of the acquisition were not disclosed.

Collectively, Atlas Insurance Agency (“Atlas”), Pyramid Insurance Centre (“Pyramid”), and IC International (“IC”), created a leading insurance brokerage presence in the state. They provide insurance solutions to businesses and individuals throughout Hawai‘i and offer niche industry specializations including municipality, transportation, and hospitality. Employees from all three firms will join MMA and continue to operate out of their existing office locations.

“Atlas, Pyramid, and IC have long been trusted partners to the Hawai‘i community, known for their commitment to clients, colleagues and the islands they serve,” said Chris Williams, President and CEO of MMA’s West region. “We recognize that the Hawai‘i business community is built on relationships and respect. This transaction represents a long-term investment in a market with strong fundamentals, diversified industries, and a resilient economy. With our resources and network, paired with the brokerages’ local insights, we see meaningful opportunities to expand the services available to clients across the islands.”

Chason Ishii, President of Atlas, said: “This transition was a thoughtful and strategic decision that will ultimately provide our clients with expanded insurance solutions and our team new opportunities for growth.” Scott Higashi, President of Pyramid, added: “MMA’s deep respect for our local expertise and community connection, combined with their access to global resources, will strengthen our teams’ ability to meet the evolving needs of the families and businesses that make us who we are.”

Commenting on the sale, Rob Nobriga, CEO of Tradewind Group, said: “Separating our brokerages from our carrier operation gives each the freedom to grow and better serve Hawai‘i, while allowing us to invest more deeply in local talent, businesses, and real estate projects where we can make the greatest impact. As we explored options for a new home for our brokerage businesses, we were deliberate in choosing an organization committed to stability and deeply valuing the Hawai‘i community. By maintaining local operations and relationships, we look forward to the continued positive impact these teams will achieve as part of MMA.”

About Marsh McLennan Agency

Marsh McLennan Agency, a business of Marsh, is a leading provider of business insurance, employee health & benefits, retirement & wealth, and private client insurance solutions across the US and Canada. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of over $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marshmclennan.com, follow us on LinkedIn and X.

About Marsh

Marsh, a business of Marsh McLennan (NYSE: MMC), is the world’s top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of over $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marshmclennan.com, follow us on LinkedIn and X.