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
Was this article valuable?
Here are more articles you may enjoy.
Expense Ratio Analysis: AI, Remote Work Drive Better P/C Insurer Results 
LA Fire Survivors Got a Rude Surprise That Could Hit More Americans 
Allstate Can Proceed With Recovery in Texas RICO Case: Fifth Circuit 
10,000 Travelers Employees Get AI Assistants Via Anthropic Partnership 
