Mercer acquires Ft. Lauderdale-based Mahoney & Associates’ health and welfare and defined contribution advisory practices. The transaction is expected to close around August 31. Michael Raso joins Old Mutual Asset Management as senior vice president and director of institutional retirement. Prior to joining OMAM he was a partner at Crosswind Investments and he was head of defined contribution at Artisan Partners … Brian K. Atchinson joins The Physician Insurers Association of America as president and CEO on August 1. Atchinson recently served as acting head of institutional relations at The Geneva Association. … Mory Katz joins The Jacobson Group as president of American Envoy, a Provest company. Prior to joining Provest, he served as a president and CEO of Direct Response Corporation. … Patrick J. Geraghty joins Blue Cross Blue Shield of Florida as CEO. The BCBSF board of directors also plans to elect Geraghty as chairman in September. He has more than 30 years of health industry experience and previously held senior leadership positions with Horizon Blue Cross and Blue Shield of New Jersey and Prudential Insurance Company.

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