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.
Read 14-Point Draft Memorandum of Understanding Between the US and Iran
Appetite for Insurance M&A Remains as AI Enters the Chat, Says PwC
Wrong-Way AI Trade Costs Florida Stock-Picker $50 Billion
Older, Wealthier Renters Drive Changes in Insurance Needs 

