Insurance Resource Group, Inc

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Marsh & McLennan Agency LLC (MMA) said it has acquired Senn Dunn Insurance in North Carolina. Terms of the transaction were not disclosed. Founded in 1927, Senn Dunn has annual revenue of approximately $30 million and 155 employees. In 2013, the agency reported more than $13 million in property/casualty revenues and was listed as the 80th largest privately-held property/casualty insurance agency in Insurance Journal’s Top 100.

Private equity firm Thomas H. Lee Partners (THL) has teamed with two former Beecher Carlson executives and will invest up to $200 million to build a national insurance distribution firm. Bret Quigley and Adam Meyerowitz and the Boston-based private equity company said their new entity, Prime Risk Partners, based in Atlanta, will partner with insurance agencies that want to become part of a national insurance distribution firm. Quigley was most recently vice chairman of Beecher Carlson, a national insurance brokerage firm acquired by Brown & Brown in July 2013.

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