Marsh & McLennan's 15-minute chart triggers KDJ Golden Cross, bullish Marubozu pattern.

Marsh & McLennan's 15-minute chart has triggered a KDJ Golden Cross, accompanied by a Bullish Marubozu formation at 13:30 on 09/03/2025. This indicates a shift in the momentum of the stock price towards the upside, with potential for further gains. The market is currently under the control of buyers, and there is a high likelihood that bullish momentum will continue.

Marsh McLennan Agency (MMA), a subsidiary of Marsh & McLennan Companies, has announced the acquisition of Robins Insurance, an independent agency based in Nashville, Tennessee. The terms of the transaction were not disclosed [1].

Robins Insurance, established in 1976, specializes in business and personal lines insurance and serves clients in various sectors such as real estate, construction, hospitality, community associations, and manufacturing. The acquisition will allow MMA to broaden its reach in the Nashville market, which is rapidly growing and home to flourishing businesses and individuals [1].

The entire team at Robins, including CEO Van Robins, will continue operating from its Nashville office. Robins expressed excitement about the acquisition, noting the evolving risk landscape and the opportunity to leverage MMA's extensive resources to provide superior solutions to clients [1].

Peter Krause, MMA Southeast region president and CEO, commented on the acquisition, highlighting the admiration for Robins' commitment to colleague development and excellent client service. He added that Robins' deep industry expertise will be a valuable asset for MMA's clients and colleagues [1].

This acquisition is part of a recent spree of acquisitions by MMA. Earlier this year, the company acquired Arthur Hall Insurance, a Pennsylvania-based agency, and Acumen Solutions Group, a Melville, New York-based insurance agency focused on the construction, real estate, and aviation sectors [1].

The latest deal aligns with MMA's strategy to expand its market presence and service offerings. The company aims to provide comprehensive insurance solutions and support clients in navigating the complexities of the evolving risk landscape.

References:
[1] https://www.lifeinsuranceinternational.com/news/marsh-mclennan-buys-robins-insurance/