Brown & Brown Acquires Pa.’s Advanced Insurance Concepts

The assets of Advanced Insurance Concepts, Inc. , of Bensalem, Pennsylvania, has been acquired by a subsidiary of Florida-based Brown & Brown, Inc.

Advanced Insurance Concepts, with annual revenues of approximately $2 million, is a general agency that specializes in individual and group employee benefit insurance products and services on behalf of brokers in Delaware, New Jersey, and Pennsylvania. The agency serves as the general agent for several health insurance providers in the region.

Tony Schufreider, Sr., Anthony G. “Tony” Schufreider, Jr. and their staff will join Brown & Brown Consulting, a Brown & Brown profit center located in Philadelphia, under the leadership of Robert Cola.

Source: Brown & Brown
www.bbinsurance.com

Topics Mergers & Acquisitions