Florida-based Brown & Brown, Inc. announced the asset acquisition of Al Phillips Insurance Agency Inc. of Nashville, Tenn., by a subsidiary of Brown & Brown Inc., according to C. Roy Bridges, regional executive vice president.
and Al Phillips, President, and Warren Phillips, Executive Vice President of Al Phillips Insurance Agency, Inc. of Nashville, Tennessee, today
Al Phillips Insurance Agency, with annualized revenues of approximately $4 million, is a retail insurance agency which serves the general commercial property and casualty insurance market throughout Tennessee.
Phillips and his staff will join Brown & Brown’s existing Nashville profit center under the leadership of Danny Simmerman.
Source: Brown & Brown Inc.
Topics Mergers & Acquisitions Florida
Was this article valuable?
Here are more articles you may enjoy.
Acrisure Secures $2.1 Billion Funding Round for M&A, Tech 
Corporate Nuclear Verdicts Surged to New Record High in 2024, Report Says 
Ice Cream Sandwich Maker Blames Agent for Lack of Recall Insurance After $4.5M Loss 
Q1 Shows ‘Clear’ Signs of Commercial P/C Softening, Says CIAB 
