Mark Edward Partners LLC is a specialty insurance broker offering a wide range of risk management services to both commercial and private clients. MEP is a national U.S. firm with licenses to operate in all 50 states and has offices in New York, Palm Beach and Los Angeles.
Founded in 2010 by Mark Freitas, its President & Chief Executive Officer, MEP provides core insurance products in Financial & Liability, Property & Casualty, Personal Lines, Life Insurance, Cyber and Affinity Groups. The B.P. Marsh investment in MEP will be used to expand MEP's current market footprint and for opportunistic M&A activity.
By investing in MEP, B.P. Marsh is entering into partnership with Mark Freitas, who has over 30 years of experience in the insurance industry. Having begun his career at American International Group (“AIG”), Mark joined Crystal & Company, the U.S. based Insurance Broker, where he subsequently became President & Chief Operating Officer, and saw the business increase its revenues significantly. He then left Crystal & Company in 2009 to establish MEP.
Commenting on the investment Brian Marsh, B.P. Marsh Chairman stated, “We are pleased to announce a further investment in the United States. Mark Edward Partners is a strong established broker with a knowledgeable Management Team and ambitions for the future.”
Dan Topping, B.P. Marsh Chief Investment Officer, who has been appointed to represent the Company at MEPcommented, “We are delighted to be making this investment in MEP, and I am looking forward to working alongside Mark Freitas and his Management Team to help them achieve their growth plan.”
Commenting on the investment, Mark Freitas, President and Chief Executive Officer of Mark Edward Partners LLC stated, “We are extremely pleased to be partnering with B.P. Marsh who brings an abundance of experience and expertise on an international basis. We look forward to expanding our footprint globally and working with a group who shares our vision, not to mention working together with such a successful entrepreneur as Brian Marsh.”