Brown & Brown of Kentucky Acquires Massachusetts’ F&I Resources

Brown & Brown of Kentucky Inc., a subsidiary of Brown & Brown Inc., has acquired substantially all of the assets of F&I Resources, a Westborough, Mass.-based company specializing in helping automotive dealers form and manage reinsurance companies and drive performance in the F&I department.

F&I Resources was founded in 1993 and provides F&I performance management for auto dealers in the Northeast and Mid-Atlantic states through F&I sales training and auto-related warranty products.

Following the transaction, the F&I Resources team will become part of the Brown & Brown auto, RV and powersports practice, which operates under the leadership of Mike Neal, president of Brown & Brown of Kentucky Inc.

Brown & Brown Inc., through its subsidiaries, offers a range of insurance products and related services. Additionally, certain Brown & Brown subsidiaries offer a variety of risk management, third-party administration and other services.

Source: Brown & Brown Inc.

Topics Mergers & Acquisitions Massachusetts