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AMBA to Acquire Mercer´s Associations Business
Friday 14 January 2022

US-based affinity-based membership and marketing insurance agency Association Member Benefits Advisors has reached an agreement to acquire US-based asset manager Mercer's Associations business, the company said.

Mercer's Associations business is a provider of insurance marketing, distribution, and administration services to association groups such as retired teachers, educators, credit unions and public employees across the US.

The acquisition is expected to close 2Q22.

This agreement will broaden product offerings, enhance carrier relationships and strengthen the ability for associations to thrive and gain relevancy in the industry by adding valued benefits, increasing membership and retaining members.

Both organizations have created an attractive portfolio of products to access a variety of coverages and substantial claim support.

AMBA's clients will have access to key products including long-term care, short-term care, supplemental health, emergency medical transportation, dental, vision, Medicare, annuities, life, disability, AD and D professional liability, and personal home and auto.

AMBA is headquartered in Austin, Texas.

Mercer's approximately 25,000 employees are based in 43 countries and the firm operates in 130 countries.

Mercer is a business of Marsh McLennan (NYSE: MMC), a professional services firm in the areas of risk, strategy and people, with 81,000 colleagues and annual revenue of over USD 19bn.

Its businesses include Marsh, Guy Carpenter and Oliver Wyman, Marsh McLennan.
Date Published: 14/01/2022