Vision and History
Marsh & McLennan Agency, known locally as Insurance Associates Company, Inc. was incorporated as an independent insurance agency in the District of Columbia in 1956. The principal goal of our founder, Ted Barker, was to write surety bonds and property & casualty insurance for construction accounts. Initially, the company specialized in handling utility contractors. Since that time, we have expanded our portfolio of construction clients to represent a broad spectrum of the industry, including developers, general contractors, heavy/civil, subcontractor trades and specialty firms. In the early 2000’s, we added a full service Employee Benefits unit to completely round out the host of insurance solutions that we offer to our clients. Our company also handles the individual life insurance and personal insurance needs of our clients.
2005 marked the successful transition into our third generation of leadership and then in 2018, we partnered with Marsh & McLennan Agency LLC (MMA), a wholly owned subsidiary of Marsh LLC. Marsh formed MMA in 2008 and has been building out its national platform since then by joining forces with successful entrepreneurial insurance brokers across the country, such as IA. Because of this strategic partnership, we are able to offer our clients the resources and negotiating power with companies that they would expect from a national broker, while also offering a local service team that is available at a moment’s notice.
Built on a vision and a platform of world class local touch, our mission is to help clients manage risk by delivering leadership, local knowledge and world class solutions. We do this by providing a compelling and consistent client experience, offering enhanced value to clients through our strong carrier relationships, and understanding client needs through industry specialization.
Marsh & McLennan Agency, known locally as Insurance Associates Company’ success is a result of many factors but one stands above all and that is our corporate philosophy as it relates to loyalty. We are committed to our customers, our insurance companies and most importantly to our employees. We believe that quality employees should be treated fairly, rewarded fairly and given a stable work environment with a sense of long term security. This philosophy has worked well for us and is evidenced by the number of long term employees that are with our firm.