Brown & Brown Inc. of Daytona Beach and Tampa, Fla., announced it has acquired managing general agencies in Georgia and North Carolina in transactions effective March 1.
Saville & Associates Inc. of Norcross, Ga., and Public Risk Underwriters Inc. of High Point, N.C., have combined annualized revenues of approximately $1.8 million, according to Brown & Brown.
These two managing general agencies specialize in providing insurance products and services to public entities. As such they represent a solid expansion of Brown & Brown’s subsidiary, Program Management Services Inc. (PMSI), a leader in serving the insurance needs of the governmental sector countrywide.
Bob Saville, acting as Profit Center manager, and his staff, will continue to operate the two businesses under their respective names, at their current locations, as stand-alone operations of PMSI.
Shane Caldwell, president of PMSI, noted, “Saville & Associates and Public Risk Underwriters represent an important addition in our strategic plan to maintain our leadership in providing products and services to governmental entities. We are very pleased that these quality organizations have elected to join our family of insurance specialists.”
Was this article valuable?
Here are more articles you may enjoy.
USI Sues 3 Former Producers After They Allegedly Moved Clients to Howden US 
Russian-Speaking Cybercriminals Used SpaceX’s Cursor AI Tool to Hack 7 Companies 
Glacier Collapse Behind Nepal Flood Shows Region’s Climate Risk 
Buc-ee’s Faces Backlash in Ohio Over Logo Lawsuit With Mini Mart 
