Marsh-Kemp Insurance Agency Inc.
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Marsh-Kemp Insurance Agency Inc. - overview
Established
1912
Location
Worcester, MA, US
Primary Industry
Insurance
About
Marsh-Kemp Insurance Agency Inc. is a specialized provider of tailored insurance solutions, serving both personal and commercial sectors with a focus on simplifying the insurance process for its clients. Founded in 1912 and headquartered in Worcester, US, Marsh-Kemp Insurance Agency Inc. offers customized insurance solutions.
The company was acquired in March 2019 by The Hilb Group, LLC, a portfolio company of ABRY Partners. Omar Hamlaoui is recognized as the founder, while Oluwabukola Solomon serves as the CEO. Marsh-Kemp Insurance Agency Inc. specializes in personalized insurance solutions, offering comprehensive coverage tailored for industries including healthcare, automotive, construction, and technology.
The agency also provides registry services such as issuing new plates, transferring registrations, and managing duplicate title requests for both individual consumers and businesses within the New England region. Marsh-Kemp Insurance Agency Inc. generates revenue through service fees for its insurance brokerage and registry services. By engaging clients through consultations and online inquiries, the company delivers tailored solutions for various coverage needs.
Its structured pricing accommodates individual policyholders and larger commercial clients, driving revenue through successful insurance placements and long-term client relationships. Looking ahead, Marsh-Kemp Insurance Agency Inc. plans to expand its offerings and markets. The company is currently focusing on developing new products to enhance its service portfolio.
Following the acquisition in March 2019, the firm aims to utilize its resources to penetrate new geographic regions, particularly targeting growth in areas surrounding New England. The latest funding from the acquisition will support these strategic initiatives in new product development and market expansion.
Current Investors
The Hilb Group, LLC
Primary Industry
Insurance
Sub Industries
Personal Insurance, Life Insurance, Health Insurance, Commercial Insurance
Website
www.marshkemp.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Marsh-Kemp Insurance Agency Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Marsh-Kemp Insurance Agency Inc. | - |
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