Brown & Brown Buys Some Business from Pennsylvania’s Greystone

October 25, 2010

Insurance broker Brown & Brown has acquired part of the business of Berwyn, Pa.-based Greystone Benefits, Inc.

The company said that the acquired book of business, with annual revenues of approximately $1.2 million, consists primarily of employee benefits products and services offered throughout eastern Pennsylvania and the greater Philadelphia area. The accounts were serviced by Daniel C. McCormick, a principal in the Pennsylvania firm, who will relocate with his team to Brown & Brown’s existing operation in Plymouth Meeting, under the leadership of Rob Heller.

Greystone Benefits will continue doing business under the direction of Joseph Vogt.

Topics Mergers Pennsylvania

Was this article valuable?

Here are more articles you may enjoy.