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.
Walmart Removes Four Taylor Farms Salads as Recalls Spread 
Viewpoint: Is Your GL Policy Leaving You Exposed as Digital Risk Shifts? 
Two Years in, Ortiz Steps Down as CEO of Florida Re 
Coca-Cola Suspends Fairlife Operations After Cyberattack 
