Brown & Brown, Inc. has acquired Shapiro Insurance, Inc., of Tallahassee, Florida.
Shapiro Insurance, with annualized revenues of approximately $3 million, is an insurance intermediary serving Florida, South Alabama and Georgia. The company focuses on employee benefits, as well as commercial and personal lines insurance and employee benefits administration.
Howard Shapiro, president of the agency, and his staff will be merging their operations with those of Brown & Brown’s existing Tallahassee office, under the leadership of John Esposito, according to the companies.
Brown & Brown CFO, Corey Walker said
Source: www.bbinsurance.com.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Navigators Can’t Parse ‘Additional Insured’ Policy Wording in Georgia Explosion Case 
LA County Told to Pause $4B in Abuse Payouts as DA Probes Fraud Claims 
Businesses Pressured to Respond to ICE While Becoming a Target 
Opportunity for Private Flood Insurers With Threat of Another NFIP Lapse 
