National insurance broker Brown & Brown has acquired the assets of Mavum Consulting, LLC and Mavum Risk Management, LLC of Indianapolis.
With annualized revenues of approximately $1.3 million, Mavum Consulting and Mavum Risk Management provide insurance products and services to businesses and individuals throughout the greater Indianapolis metropolitan area.
Mavum Consulting and Mavum Risk Management’s employees will relocate to Brown & Brown of Indiana’s existing Indianapolis office, under the leadership of Fred McClaine.
Rod Reasen, the founder and owner of the Mavum companies, will assist in the transition of the acquired operations to Brown & Brown.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
More Insurance M&A Deals on the Horizon? 
Married Massachusetts Insurance Brokers Plead Guilty to Defrauding Clients of $750K 
US Senate Votes to Fund Most of Homeland Security After Shutdown Disrupts Airports 
A Little Behind Schedule, But Execs Say Sypher Insurance is on Track for May Debut 
