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.
Was this article valuable?
Here are more articles you may enjoy.
‘Dream Is in Sight:’ Chamber, Reinsurers, Insurers Urge Florida to Stay the Course 
Death of Teenager on Carnival Cruise Ship Ruled a Homicide 
Pierce Named CEO of GEICO as Combs Resigns 
Applied Systems, Comulate Spar Over Trade Secret Theft Allegations 
