The acquisition of the assets of Axiom Intermediaries LLC of Stony Creek, N.C. has been completed by Brown & Brown Inc. of Daytona Beach, Fla.
Axiom Intermediaries, with approximately $14.0 million in annualized revenues, is a reinsurance intermediary and consulting firm. It has offices in Stoney Creek; St. Petersburg, Fla.; Naperville, Ill.; and Wilton, Conn.
Following the acquisition, Brown & Brown’s existing reinsurance intermediary is being merged into Axiom. Axiom’s current management will lead the combined operations from its Stoney Creek headquarters and continue to serve clients from its current locations.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
US Offers $20 Billion Reinsurance Plan to Spur Gulf Oil Flow
Insurify’s Founders Discuss Evolution of Insurance Shopping With AI
Florida House Gives Final Approval to Much-Debated Citizens Clearinghouse Bill
Dubai Flights Disrupted After Drones Injure Four Near Main Airport 

