Scott Penny, chief acquisitions officer of Brown & Brown, Inc., and Paul Borchert and Jeff McDonald, principals of The Canopy Group, Inc., today announced that a subsidiary of Brown & Brown, Inc. has acquired the assets of The Canopy Group.
Tag: Brown & Brown
Brown & Brown Acquires Rollins Insurance—Family Business to Join ABL Group
Brown & Brown (Europe) Ltd has acquired 100% of the equity capital of T Oscar Rollins & Company Ltd, trading as Rollins Insurance Brokers.
Brown & Brown’s Profit Rises on Higher Income From Fees, Investments
Brown & Brown posted a rise in first-quarter profit on Monday as the insurance brokerage earned more in commissions and fees, while investment returns also improved.
Brown & Brown, Inc. Acquires Pacific Underwriters Corporation
A subsidiary of Brown & Brown, Inc. has acquired substantially all of the assets of Pacific Underwriters.
Brown & Brown 4Q Revenue Climbs Amid Higher Fees, Commissions
Brown & Brown Inc. on Monday said fourth-quarter revenue rose more than 22% on an increase in commissions and fees.
Brown & Brown, Inc. Acquires Global Risk Partners Limited
J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc., Searchlight and the management ownership team of Global Risk Partners Limited, today announced that the parties have entered into an agreement to acquire the GRP insurance operations. The transaction is expected to close in the third quarter of 2022, subject to certain closing conditions,… Continue reading Brown & Brown, Inc. Acquires Global Risk Partners Limited
Brown & Brown’s National Programs Launches New Brand Identity
National Programs, a division of Brown & Brown, today introduced its new brand identity, reflecting a growing collaboration of entrepreneurial program administrators and MGAs. “While National Programs has been an integral part of Brown & Brown for 28 years, the refreshed brand identity underscores an emphasis on future growth,” says Tom Kussurelis, COO of National… Continue reading Brown & Brown’s National Programs Launches New Brand Identity
Arrowhead Launches E&S Program, Names Murray as President
Arrowhead General Insurance Agency Inc. has launched a new Excess & Surplus Lines program and named Bill Murray as its president. The new E&S program operates as part of the National Programs division of Brown & Brown Inc., and initially will focus on excess casualty risks. “Arrowhead E&S is building a property and underwriting platform… Continue reading Arrowhead Launches E&S Program, Names Murray as President
Brown & Brown, Inc. Acquires CoverHound and CyberPolicy
J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc., and Keith Moore, the CEO of CoverHound and its wholly owned subsidiary CyberPolicy (collectively, “CoverHound”), today announced that a subsidiary of Brown & Brown, Inc. has acquired substantially all of the assets of CoverHound. CoverHound is a leading digital insurance marketplace for individuals and… Continue reading Brown & Brown, Inc. Acquires CoverHound and CyberPolicy
Brown & Brown Backs Out of Deal to Acquire Cincinnati-Based Hauser Inc. After Founder’s Plea Deal
Brown & Brown, Inc. today announced today that it has terminated with immediate effect the previously announced agreement to acquire the assets of Hauser, following news that founder Mark Hauser was pleading guilty in connection with the Varsity Blues scandal. The transaction was expected to close in September 2020, subject to certain closing conditions. The… Continue reading Brown & Brown Backs Out of Deal to Acquire Cincinnati-Based Hauser Inc. After Founder’s Plea Deal