Insurance coverage dealer and threat supervisor Gallagher has introduced the acquisition of MCMM within the UK for an undisclosed sum.

MCMM is a key service supplier to Training Mutual, a supplier of workers absence safety within the UK, catering primarily to state faculties and academies.

MCMM’s providers to Training Mutual embody processing new enterprise quotes, dealing with contributions, renewal invites, managing claims and different back-office features.

Workers absence insurance coverage is a vital device for faculties to handle budgets and defend towards sudden prices similar to hiring alternative workers as a result of illness or different absences.

Training Mutual’s choices, administered by MCMM, cowl varied worker go away causes together with maternity, adoption, bereavement, sick well being, accident and jury service.

MCMM, established in 2018 and led by director Les Marshall, employs a staff of 23 in Mansfield, Nottinghamshire.

Marshall and his staff will retain their roles post-acquisition, integrating into Gallagher’s public sector and training observe, headed by regional managing director Tim Devine.

Devine mentioned: “We’re thrilled that MCMM has agreed to turn out to be a part of our public sector and training observe. The merchandise and experience within the enterprise are extremely complementary to our present training providing and changing into a part of Gallagher will present them with a springboard for progress.”

Marshall mentioned: “Turning into a part of Gallagher is improbable information for our enterprise and folks. Culturally our two companies are carefully aligned; Gallagher is understood for its moral strategy and with us totally targeted on supporting the wants of a mutual, which is owned by its members, we’re assured that we’re like-minded thinkers.”

Gallagher just lately bought German dealer Köberich Monetary Traces as a part of its international growth plan.

Join our each day information round-up!

Give your enterprise an edge with our main trade insights.