MMA Trion, a Marsh & McLennan Agency, Shortlisted as Finalist for US Captive Review Awards

KING OF PRUSSIA, Pa. - Oct. 5, 2020 - PRLog -- MMA Trion, a Marsh & McLennan Agency, LLC company, and its captive solutions practice leader, Kirk Watkins have been shortlisted in several categories for the US Captive Review Awards 2020:

• Captive Service Professional of the Year: Kirk Watkins, Captive Solutions Practice Leader
• Captive Consultant of the Year: MMA Trion, a Marsh & McLennan Agency LLC
• Employee Benefits Network: MMA Trion, a Marsh & McLennan Agency LLC
• Captive Innovation: MMA Trion, a Marsh & McLennan Agency LLC

"We are honored that MMA Trion and its captive solutions team have been recognized for their industry contributions," said Andrew Neary, Employee Health & Benefits Practice Leader, MMA Trion. "Our focus continues to be the development of new solutions to support employers in growing their captives and helping them to provide competitive benefits to their employees."

MMA Trion has been at the front of the captive industry since introducing BeneCap in 2016. BeneCap is an innovative risk management strategy, designed to help companies grow their captives with minimal effort and risk. In 2020, MMA Trion introduced BeneCap's unique pooling structure in response to the US Department of Labor suspension of approvals for prohibited transaction exemptions. The structure provides significant benefits to all stakeholders; most notably the efficient and effective alternative to the exemption process. Learn more at www.trion.com/BeneCap.

In July of 2020, TechProtect was MMA Trion's latest addition to the captive marketplace introducing electronic products insurance specifically designed for captive reinsurance programs. This exclusive program offers rates and coverage that are not otherwise available in the market to the captive's network and may provide favorable tax benefits to the captive. Learn more at www.trion.com/techprotect.

The US Captive Review Awards recognizes the innovations and accomplishments of providers of captive insurance products and services. The 2020 winners will be announced at a virtual event on Wednesday, October 7, 2020.

About Marsh & McLennan Agency

Marsh & McLennan Agency LLC (MMA) is a subsidiary of Marsh established in 2008 to serve as a platform for the middle market. MMA offers commercial property, casualty, personal lines, and employee benefits to midsize businesses and individuals across North America.

About Marsh

Marsh (https://www.marsh.com/) is the world's leading insurance broker and risk adviser. With over 35,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services. Marsh is a wholly owned subsidiary of Marsh & McLennan Companies (http://www.mmc.com/), the leading global professional services firm in the areas of risk, strategy and people. With annual revenue over US$15 billion and 75,000 colleagues worldwide, MMC helps clients navigate an increasingly dynamic and complex environment through four market-leading firms: Marsh (https://www.marsh.com/), Guy Carpenter (http://www.guycarp.com/content/guycarp/en/home.html), Mercer (http://www.mercer.com/), and Oliver Wyman (http://www.oliverwyman.com/index.html).