Hull & Company LLC, a subsidiary of Brown & Brown Inc., has acquired substantially all the assets of Addison, Texas-based South & Western Inc. and all issued and outstanding shares of its affiliate, S&W Premium Finance Company Inc.
With roots dating back to 1974, South & Western is a managing general agency for retail insurance agents placing insurance for businesses and individuals primarily in Texas, Arkansas, Louisiana, Mississippi, Oklahoma and Tennessee.
The firm specializes in personal lines, farm and ranch/agribusiness, commercial transportation, and specialty commercial property/casualty insurance products. South & Western also offers insurance premium financing through S&W Premium Finance Company.
Following the transaction, the South & Western team will continue doing business under the leadership of JJ Horan from their Addison, Texas, and Memphis, Tenn., locations as a new stand-alone operation within Brown & Brown’s Wholesale Brokerage Segment.
“Among the many reasons for pursuing this opportunity, we saw a strong alignment with South & Western’s culture and values and are excited to welcome such a talented group of insurance professionals to our team,” Tony Strianese, president of Brown & Brown’s Wholesale Brokerage Segment, said in a statement.
Source: Brown & Brown Inc.
Topics Mergers & Acquisitions Texas
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