100% sale of AD Corretora de Seguros to Marsh & McLennan Companies
Exclusive financial advisor to AD Corretora de Seguros
December 2016• In December 2016, Marsh announced the acquisition of 100% of AD Corretora de Seguros’ capital stock
– AD Corretora de Seguros is one of the largest privately-held insurance brokers in the country and is a leader in the corporate segment in the countryside of the State of São Paulo
• The acquisition further demonstrates Marsh’s commitment to expanding its footprint in Brazil, specially in the State of São Paulo, one of the most dynamic regions in the country
• AD Corretora de Seguros businesses are complimentary to Marsh’s and will allow the buyer to expand its services to mid and small companies, especially in the sugarðanol and infrastructure sectors
• AD Corretora de Seguros’ key executives will continue to lead the company’s business that will be integrated into Marsh’s
• Formed in 1980, AD Corretora is a highly regarded insurance broker specializing in mid-market business with particular expertise in the sugar refining, agri-business and infrastructure sectors. Headquartered in Bauru, it also has offices in Ribeirão Preto, Araçatuba and São Paulo
• Marsh is a global leader in insurance broking and risk management. Marsh is a wholly owned subsidiary of Marsh & McLennan Companies, a global professional services firm offering clients advice and solutions in the areas of risk, strategy, and people. Marsh & McLennan Companies has more than 60,000 employees worldwide and annual revenues of R$13 billion
– Marsh began its operations in Brazil in 1955 and is currently one of the largest insurance brokerage and risk management companies, with more than 1,200 employees in eight offices