Marsh & McLennan Agency LLC (MMC), a subsidiary of Marsh Inc., said Friday that it has acquired employee benefits agency Progressive Benefit Solutions, or PBS. Terms of the deal were not disclosed.
Progressive Benefit Solutions, based in Raleigh, North Carolina, offers a wide-range of health, wellness, compliance, and executive compensation products and services to midsize clients
It will hereafter operate as a division of Rutherfoord, a Marsh & McLennan Agency LLC company.
John McDonnell, William Salmon, Rick Kelly, and the rest of the PBS team will join Rutherfoord and continue operating out of PBS' existing Raleigh office.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.