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.
Freight Broker Says $400K in Lobster Meat Stolen in Fictitious Pickup 
FBI Involved After Two Florida Injury Lawyers Go Missing From Fishing Trip 
Three Top P/C Insurers Account for Most of Insurance AI Patents 
Massachusetts Approves Reorganizations, Mergers for Andover Companies 
