Insurance agency Brown & Brown announced that its dealer services division has acquired the assets of DealerMax.
DealerMax, founded in 1982 by Jim Maxim, Sr. as Maxim Automotive, serves car dealer customers in Pennsylvania and throughout the Northeast offering finance and insurance (F&I) training and product offerings.
The DealerMax team will join Brown & Brown Dealer Services and continue to operate from Berwyn, Pennsylvania.
The team will report to Robert Hunter, president of Automotive F&I. Co-owner Jim Maxim, Jr. will remain with the his company during the transition period.
Brown & Brown (NYSE: BRO) is a Florida-based global insurance brokerage firm.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
AIG Underwriting Income Up 48% in Q4 on North America Commercial 
Trump’s EPA Rollbacks Will Reverberate for ‘Decades’ 
Insurance Issue Leaves Some Players Off World Baseball Classic Rosters 
California Smoke Damage Act Would Enable Wildfire Victims to Expedite Claims 
