Marsh McLennan Agency (“MMA”), a business of Marsh & McLennan Companies, Inc.MRSH, has agreed to acquire Accel Holdings, a diversified independent insurance and advisory firm based in Waverly, IA. The deal — expected to close in the third quarter of 2026 — will expand MMA’s presence across the Midwest while adding capabilities in agribusiness, employee benefits, wealth management and retirement advisory services.
Accel operates offices across Iowa, Illinois, Missouri and Kansas and has more than 130 employees — all of whom are expected to join MMA. Its combination of commercial and personal insurance, employee benefits and specialized agribusiness expertise gives Marsh another regional platform to cross-sell broader risk and advisory solutions while retaining established local relationships.
The acquisition also follows other expansion moves by MMA this year, including its acquisition of TriBridge Partners and Seitz Insurance Agency, an agriculture- and energy-focused broker. This suggests MMA is continuing to favor targeted acquisitions that add specialized capabilities and geographic density rather than relying solely on large-scale transactions.
Accel’s agribusiness exposure could be particularly valuable as it provides access to a specialized client base with complex insurance requirements. Its wealth and retirement operations create another avenue for MMA to increase wallet share among existing commercial and private clients. The absence of disclosed financial terms makes it difficult to assess near-term earnings accretion, but retaining Accel’s workforce and locations should help preserve client relationships and reduce integration risks.
The deal is unlikely to materially change MRSH’s near-term financial results, but it reinforces MMA’s role as a long-term growth lever. Marsh reported second-quarter 2026 revenues of $7.4 billion, up 6% year over year, while Risk & Insurance Services revenues increased 4%. With acquisitions remaining central to its expansion strategy, continued MMA deals could support revenue growth, cross-selling and margin expansion over time.
MRSH’s Price Performance
In the year-to-date period, MRSH shares have risen 2.8%, outperforming the industry’s decline of 10.9%.
Image Source: Zacks Investment Research
MRSH’s Zacks Rank & Other Key Picks
MRSH currently carries a Zacks Rank #2 (Buy).
Some other top-ranked stocks in the insurance space are Hippo Holdings Inc.HIPO, Slide Insurance Holdings, Inc.SLDE and The Hanover Insurance Group, Inc.THG, each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Hippo Holdings’ current-year earnings is pinned at $2.46 per share and has witnessed one upward revision in the past seven days against no movement in the opposite direction. HIPO beat earnings estimates in each of the trailing four quarters, with the average surprise being 521.8%. The consensus estimate for current-year revenues is pegged at $581.9 million, implying 24.2% year-over-year growth.
The Zacks Consensus Estimate for Slide Insurance Holdings’ current-year earnings is pinned at $3.91 per share and has witnessed two upward revisions in the past 30 days against one movement in the opposite direction. SLDE beat earnings estimates in each of the trailing four quarters, with the average surprise being 36.9%. The consensus estimate for current-year revenues is pegged at $1.5 billion, implying 33% year-over-year growth.
The Zacks Consensus Estimate for Hanover Insurance Group’s current-year earnings is pinned at $20.15 per share and has witnessed two upward revisions in the past seven days against no movement in the opposite direction. THG beat earnings estimates in each of the trailing four quarters, with the average surprise being 27.3%. The consensus estimate for current-year revenues is pegged at $7 billion, implying 4.6% year-over-year growth.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Keep it Clean. Please avoid obscene, vulgar, lewd,
racist or sexually-oriented language. PLEASE TURN OFF YOUR CAPS LOCK. Don't Threaten. Threats of harming another
person will not be tolerated. Be Truthful. Don't knowingly lie about anyone
or anything. Be Nice. No racism, sexism or any sort of -ism
that is degrading to another person. Be Proactive. Use the 'Report' link on
each comment to let us know of abusive posts. Share with Us. We'd love to hear eyewitness
accounts, the history behind an article.
(0) comments
Welcome to the discussion.
Log In
Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.