Brown & Brown has acquired United Benefit Services and Beverly T. Gottlieb & Associates, two metro-Boston agencies specializing in employee benefits and related insurance products.
Terms of the deal were not disclosed.
The two agencies — headquartered in Newton and Charlestown, respectively — have combined revenues of approximately $6.4 million. They will remain in their current locations and Steven Peck, a principal of United Benefits, will lead the combined businesses.
Was this article valuable?
Here are more articles you may enjoy.
New AIG CEO Andersen Talks Marketplace ‘Pass-Throughs,’ Opportunity 
Alabama Courthouse Workers Smelled a Rat. Court Must Decide if Insurer Defends Suit 
Proposed Hormuz Passage Deal Not Feasible for Shipping Industry, Sources Say 
Pritzker Signs Bills Giving Insurance Department Power to Overturn Rate Changes 
