Robert Cohen, senior vice president of Hull & Co. Inc., and Jack Windolf, chairman and chief executive officer of Bollinger, Inc., recently reported the asset acquisition by Hull of two Bollinger subsidiaries, Market Solution Managers, Inc., of New York, and Princeton Risk Managers, Inc., of Princeton, New Jersey.
Market Solution Managers and Princeton Risk Managers, with combined annualized net revenues of approximately $1.6 million, provide excess and surplus lines insurance primarily in the northeastern United States. While the New York City operation will remain at its current location, the Princeton office will be combined with Hull’s existing Florham Park, N.J. office. The two locations will be under the leadership of Jon Bannett, who heads Hull’s existing DVUA office in Florham Park, New Jersey.
Hull & Co., Inc. is a wholly-owned subsidiary of Brown & Brown, Inc.
Source: Brown & Brown, Inc.
www.bbinsurance.com
Topics Mergers & Acquisitions
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