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Mark Montgomery Chairing The Lord’s Place Sleep-Out

Mark_D_Montgomery_photo - 2012

Mark Montgomery, Vice President Celedinas Insurance Group/MMA and Chairman of the Annual Lord’s Place Sleep-Out.

Mark Montgomery - The Lords Place 3-2017

To help promote the Lord’s Place upcoming 10th Annual Sleep Out, Mark Montgomery, the event’s chairman walked 15 miles from their offices in West Palm Beach south to The Lord’s Place Men’s Campus in Boynton Beach.

Montgomery visited five of The Lord’s Place campuses along the route, meeting with those served by its programs, lending them encouragement and inviting the public to join in the effort to help the homeless through The Lord’s Place SleepOut.

He spent the night sleeping outside at The Lord’s Place Men’s Campus to be in community with the men served by The Lord’s Place.
Visit the Lord’s Place website for more information about the SleepOut.

Another Win for Adopt-A-Family by Celedinas and AIG

AIG Tournament Photo 2016

Please join us in congratulating Joe Carron, Cachi Garcia-Velez and Michael Katzenberg on winning the AIG Private Client Group Invitational in Pebble Beach, California on August 11, 2016!  The AIG Invitational is an opportunity to network, foster friendly competition and most importantly, raise money for charity.  Since the event’s inception in 2012, AIG and their partners have raised nearly $400,000, allowing local agents to support charities in their own communities.  Earlier this year, the Celedinas team won the regional event at PGA National, winning $8,000 for Adopt-A-Family, their chosen charity!  With the Pebble Beach Championship, the team won an additional $62,000 for Adopt-A-Family, bringing the total donation to $70,000!

Adopt-A-Family is a charitable organization established in 1983.  Their mission is to strengthen families with children in their efforts to achieve stability and self-sufficiency by providing access to all-encompassing services.  They offer assistance to homeless families, income-challenged, working families at risk of becoming homeless and children ages Kindergarten to 5th grade in need of quality after-school activities.

We are thrilled to be able to help support this worthy charity!

 

Celedinas Insurance Group Wins AIG Charity Tournament for 2016

Team Celedinas Wins Regional AIG Private Client Group Invitational
Team Celedinas Wins Regional AIG Private Client Group Invitational

Congratulations to Celedinas Insurance Group, a Marsh & McLennan Agency LLC company and their chosen charity, Adopt-A-Family of the Palm Beaches. As a result of this win, AIG will raise $8,000 for Adopt-A-Family!

The AIG Private Client Group Invitational brings together insurance brokers from across the country to compete in regional competitions to benefit their local charities of choice. The Invitational culminates with a championship round among all regional winners. Since this event’s inception in 2012, AIG has raised nearly $400,000, which allowed the participating brokers to support local charities and enhance their community involvement.

The Championship will be held August 10th – 12th in Pebble Beach. The winner of that tournament will win a further donation for their charity.

Good Luck Team Celedinas!

MARSH & McLENNAN AGENCY ACQUIRES CELEDINAS INSURANCE GROUP

White Plains, New York, March 2, 2016 – Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, today announced it has acquired Celedinas Insurance Group, one of Florida’s largest independent agencies. Terms of the transaction were not disclosed.

Established in 1959 and headquartered in Palm Beach Gardens, Florida, Celedinas generates approximately $22 million in annual revenue and specializes in providing property/casualty insurance, marine insurance, and employee benefits services to businesses and individuals, with particular expertise in working with high-net worth individuals and families.

All of Celedinas’ 120 employees and leadership, including President and CEO Ray Celedinas, are joining MMA and will continue to operate out of their existing five offices throughout Florida under the name Celedinas Insurance Group, a Marsh & McLennan Agency company, and under Mr. Celedinas’ leadership. In connection with this acquisition, Mr. Celedinas also has been named National Private Client Practice leader for MMA.

“Celedinas is a top-notch, full service insurance brokerage firm that is widely recognized as a leader in the high-net worth personal lines industry,” said David Eslick, chairman and CEO of Marsh & McLennan Agency. “I’m thrilled that we are joining forces and look forward to Ray and his team helping to drive forward MMA’s private client strategy nationally.”

“Joining MMA is an excellent opportunity for Celedinas to build upon its success over the last five decades,” said Mr. Celedinas. “With the resources that MMA and Marsh bring to bear, our clients now have access to a wider range of expertise, services, and solutions to address their needs.”

Marsh President and CEO Peter Zaffino added: “MMA’s addition of Celedinas enhances our capabilities in high-net worth personal lines and will allow us to accelerate revenue growth in this important segment. Ray Celedinas is a highly respected leader, and we are very pleased to welcome an accomplished executive of his caliber and experience to MMA’s leadership team.”

About Marsh & McLennan Agency

Marsh & McLennan Agency LLC is a subsidiary of Marsh established in 2008 to serve as a platform for the middle market. In 2015, it expanded its national footprint into Canada. MMA offers commercial property, casualty, personal lines, and employee benefits to midsize businesses and individuals across North America.

About Marsh

Marsh is a global leader in insurance broking and risk management. Marsh helps clients succeed by defining, designing, and delivering innovative industry-specific solutions that help them effectively manage risk. Marsh’s approximately 30,000 colleagues work together to serve clients in more than 130 countries. Marsh is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global professional services firm offering clients advice and solutions in the areas of risk, strategy, and people. With annual revenue of US$13 billion and approximately 60,000 colleagues worldwide, Marsh & McLennan Companies is also the parent company of Guy Carpenter, a leader in providing risk and reinsurance intermediary services; Mercer, a leader in talent, health, retirement, and investment consulting; and Oliver Wyman, a leader in management consulting. Follow Marsh on Twitter, @MarshGlobal; LinkedIn; Facebook; and YouTube.

Celedinas Insurance Group has joined Marsh & McLennan Agency LLC

QUESTIONS ABOUT THE TRANSACTION

When does the acquisition take effect?

February 29, 2016

Why did MMA select celedinas insurance group?

MMA was seeks the most prominent and well respected firms in the insurance industry. They were drawn to Celedinas’ strong regional presence, top-notch leadership, entrepreneurial culture and dominance in the private client insurance marketspace.

What is MMA?

Marsh & McLennan Agency (MMA) was created in 2008 as a separate operating subsidiary of Marsh LLC, the world’s leading global insurance broker and risk management advisor, primarily to serve the property & casualty and employee benefits needs of the middle market. Since November 2009, MMA has been building its national platform by strategically partnering with high quality insurance and consulting firms across the country.

What are the advantages of being part of MMA?

Joining MMA allows Celedinas to keep its leadership, service model and culture in place, while adding the support and resources of the world’s leading insurance broker and risk management advisor.

For Celedinas, this transition is an opportunity to grow and help our clients grow. It is not about consolidation or cost reduction.

For clients, joining MMA enables us the ability to preserve and strengthen our service ethic while offering a wider range of solutions, more specialized expertise and more resources to invest in technology and people.

For associates, there will be more opportunities for career advancement, geographic relocations, etc. in a firm that will benefit from the fast growing U.S. marketplace.

Will celedinas’ community involvement change?

No. The firm will continue its commitment to the communities in which we serve.

What role will celedinas play at MMA?

Ray Celedinas will retain his role as the President and CEO of all five of the Celedinas offices in South Florida. Additionally, he will serve as the Private Client Practice Leader for MMA nationally. He will lead the organization in developing products and partnerships that will serve the exclusive needs of the private client insurance consumer.

Where can I find out more about MMA?

www.marshmclennanagency.com

Will any jobs be lost as a result of this transaction?

No positions will be lost directly due to this acquisition. We expect no changes to our current operating structure or service teams. Clients, vendors and community partners can continue to work with their Celedinas points of contact as they have in the past. No contact information has changed.

Will the celedinas name change?

Yes. Our new name is: Celedinas, a Marsh & McLennan Agency LLC company. We can still be referred to commonly as “Celedinas.”

For additional questions please refer to the following contacts:

Clients:            Contact your Celedinas Client Executive or service team

Media: Sally Roberts, Marsh Media Relations Director

Sally.Roberts@marsh.com

Insurance Journal Names Celedinas a ‘Best Agency to Work For’

2015 Best Agencies to Work For BronzeCeledinas Insurance Group was recognized by Insurance Journal as one of the 2015 Best Independent Agencies to Work For in the Southeastern United States. In order to be considered for the award, employees were required to nominate their agency and respond to a detailed survey.

According to the Insurance Journal article, Celedinas employees cited the company’s honest and respectful work environment, staff appreciation efforts, and strong leadership as the key reasons for nominating the agency.  The responses from the survey also highlighted the firm’s emphasis on community involvement, dedication to employees’ professional growth, and highly regarded reputation in the high net worth insurance marketplace.

“This honor is a testament to the quality of people that work for the firm,” said Ray S. Celedinas, Celedinas Insurance Group’s President & CEO.  “Our entire staff has continuously raised the bar in terms of the level of service, advice, and expertise delivered to our clients on a daily basis, and I am extremely proud of what we accomplished together.”

Celedinas Insurance Group’s CEO profiled in Palm Beach Post’s ‘Monday Meeting’

Celedinas Insurance Group CEO, Ray Celedinas, was profiled in The Palm Beach Post’s weekly feature, “Monday Meeting.” Since first joining the operation in 1985, Celedinas has grown the organization from a small family-run office to one of the largest privately held insurance brokerage firms in the United States. In addition to discussing the success he’s found in the high net worth insurance marketplace, Celedinas also shares his unique perspective on the growth of Palm Beach County.   Please see the full article below:

The Palm Beach Post, Monday, May 4, 2015
The Palm Beach Post, Monday, May 4, 2015

Celedinas Insurance Group Receives Safeco Insurance® Make More Happen Award

Celedinas has received a Safeco Insurance Make More Happen Award for their volunteerism with The Arc of Palm Beach County! In addition to a $3,000 donation to The Arc, Safeco is featuring award recipients and charities in an online contest where public voting results determine additional donations. The Arc is a wonderful charitable organization that provides quality services, education and advocacy for children and adults with developmental disabilities and their families.

If you’d like to help the Arc of Palm Beach County reach their goal of $10,500, vote here: http://www.safeco.com/about…/community/make-more-happen-vote

Please visit safeco.com/make-more-happen every day from now through May 18 to vote for The Arc of Palm Beach County.
Please visit safeco.com/make-more-happen every day from now through May 18 to vote for The Arc of Palm Beach County.

Insurance industry leaders discuss the evolving high net worth marketplace in Palm Beach

ray and hnw photo

 Last week we brought together the leaders of the five premier high-net worth insurance carriers to discuss the role of the trusted advisor in the evolving insurance marketplace. Over 125 of Palm Beach’s most influential attorneys, CPAs, realtors and wealth managers gained insight as to how the most progressive advisors have differentiated their practices and successfully added value by offering complimentary personal risk management and insurance reviews. Read more on gaining the competitive advantage in the high-net worth marketplace in the Palm Beach Daily News’ coverage of the event.

Celedinas Employees Love Animals

Celedinas Insurance Group employees recently participated in the Peggy Adams Animal Shelter Walk for the Animals on Saturday, March 8, 2014.