Brown & Brown Announces Asset Acquisition of Rollins Agency in New York

Brown & Brown of New York Inc, a subsidiary of Brown & Brown Inc., said it acquired certain assets of The Rollins Agency in Rye Brook, N.Y.

With roots dating from 1910, The Rollins Agency provides a wide range of insurance products and services to clients throughout the Connecticut, New Jersey, and New York tri-state area. The agency has annual revenues of approximately $5.5 million.

As part of the transaction, Brown & Brown of New York’s existing White Plains, N.Y., office will re-locate to The Rollins Agency’s existing office in Rye Brook, N.Y. The combined office will operate under the leadership of Mark Rollins, who has been serving as co-chairman and CEO of The Rollins Agency.

Brown & Brown Inc., through its subsidiaries, offers a broad range of insurance and reinsurance products and related services. Additionally, certain 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.

Topics Mergers & Acquisitions New York