Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Health Insurance > Health Insurance

Benefits Firm Scoops Up Administrator

Your article was successfully shared with the contacts you provided.

Mercer has acquired Innovative Process Administration L.L.C.

Mercer, New York, is buying IPA, Cleveland, a benefits administration and administration technology company, to expand its benefits administration outsourcing business, Mercer says.

Mercer is a unit of Marsh & McLennan Companies Inc., New York (NYSE:MMC).

The companies are not saying how much Marsh is paying for IPA, but they say the business will continue to operate under the IPA name.

IPA President James Zedella will become the health and benefits mid-market business leader at Marsh, Marsh says.

Marsh already uses IPA technology in the Mercer EasyEnroll enrollment system.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.