Brown & Brown Acquires Assets of Moten Associates in Pennsylvania

April 20, 2012

Brown & Brown of Pennsylvania Inc., a subsidiary of Brown & Brown Inc., said it acquired assets of Moten Associates, an independent agency in Norristown, Penn.

Founded in 1970, Moten Associates offers surety bonds, as well as a wide variety of property/casualty insurance products, to clients throughout the Delaware Valley and the eastern United States. The company has combined annual revenues of $1.1 million. The firm’s management and staff are expected to join Brown & Brown of Pennsylvania offices in Plymouth Meeting, Penn.

Brown & Brown Inc. is an insurance brokerage firm headquartered in Daytona Beach, Fla. Earlier this week, the firm reported 2012 first-quarter net income of $49.43 million, up 6.3 percent from one year ago.

Brown & Brown Inc., through its subsidiaries, offers a broad range of insurance and reinsurance products and services. Additionally, Brown & Brown subsidiaries offer a variety of risk management, third party administration, and other services. The company serves business, public entity, individual, trade and professional association clients nationwide.

 

Subscribe Like this article?
Subscribe to our free email newsletter.

Latest Comments

  • April 20, 2012 at 2:34 pm
    MarketMaker says:
    Crazy Eddie's of Insurance.
See all comments

Add a Comment

Your email address will not be published. Required fields are marked *

*

More News
More News Features