Brown & Brown Metro LLC has acquired substantially all of the assets of Innovative Risk Solutions Inc.
Innovative Risk Solutions was founded in 2004 by sole shareholder Sean Gormley with the goal of providing employee benefits for Innovative’s customers.
Following the transaction, Innovative will operate as a new stand-alone office within Brown & Brown’s Retail Segment and will continue doing business under the leadership of Sean Gormley from the office located in Atlantic County, N.J.
Brown & Brown Inc. is an insurance brokerage firm, providing risk management to individuals and businesses.
Source: Brown & Brown Inc.
Topics Mergers & Acquisitions New Jersey
Was this article valuable?
Here are more articles you may enjoy.
Oil Trader CFOs Say Hormuz Closure Driving Wave of Disputes 
Study Finds ‘Alarming’ High Flood Risk for 17M Americans on Atlantic, Gulf Coasts 
Chubb Q1 Net Income Increases 74% on Fewer Catastrophe Losses 
Ex-CEO, Ex-CFO of Bankrupt AI Company Charged With Fraud 
