Marsh McLennan Agency acquires Hawaii brokerage trio

John Johnson ; 2025-11-16 12:00:56

Deal adds Atlas, Pyramid, and IC International to the national broker's footprint

Insurance News

By Insurance Business

Dec 02, 2025Share

Marsh McLennan Agency (MMA) has officially announced the acquisition of three privately-owned insurance brokerages based in Honolulu, Hawaii.

The transaction involves purchasing the firms from Tradewind Group, an investment company with deep roots in the region.

The strategic deal encompasses Atlas Insurance Agency, Pyramid Insurance Centre, and IC International. Collectively, these three agencies represent a leading brokerage presence across the state of Hawaii and provide comprehensive insurance solutions to both businesses and individuals throughout the islands. The firms also bring niche industry specializations to MMA, including expertise in the municipality, transportation, and hospitality sectors.

Terms of the acquisition were not disclosed by either party involved in the transaction.

MMA confirmed that employees from all three firms will join the agency as part of the transition.

The teams will also continue to operate out of their existing office locations to maintain stability for clients.

Marsh McLennan Agency West region president and CEO Chris Williams framed the deal as a commitment to the state's resilient economy.

"We recognize that the Hawai‘i business community is built on relationships and respect. This transaction represents a long-term investment in a market with strong fundamentals, diversified industries, and a resilient economy,” he said.

“With our resources and network, paired with the brokerages’ local insights, we see meaningful opportunities to expand the services available to clients across the islands."

Viewing the deal as a catalyst for future development, Atlas Insurance Agency president Chason Ishii noted the benefits for both clients and staff.

"This transition was a thoughtful and strategic decision that will ultimately provide our clients with expanded insurance solutions and our team new opportunities for growth."

Pyramid Insurance Centre president Scott Higashi emphasized that the partnership honors their local roots while providing global reach.

"MMA’s deep respect for our local expertise and community connection, combined with their access to global resources, will strengthen our teams’ ability to meet the evolving needs of the families and businesses that make us who we are."

Explaining the decision to divest, Tradewind Group CEO Rob Nobriga noted that the move allows the investment firm to redirect its focus.

"Separating our brokerages from our carrier operation gives each the freedom to grow and better serve Hawai‘i, while allowing us to invest more deeply in local talent, businesses, and real estate projects where we can make the greatest impact,” he said.

Nobriga added that finding the right cultural fit was paramount during the sale process.

"As we explored options for a new home for our brokerage businesses, we were deliberate in choosing an organization committed to stability and deeply valuing the Hawai‘i community,” he said.

“By maintaining local operations and relationships, we look forward to the continued positive impact these teams will achieve as part of MMA."