Insurance agency Brown & Brown of Florida, Inc. has acquired substantially all of the assets of Corporate Insurance Advisors.
J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc., and Mark R. Schwartz, the principal of Corporate Insurance Advisors, L.L.C., announced the deal today. No detail were disclosed.
Schwartz founded Corporate Insurance Advisors in 2005 as a retail insurance agency serving businesses and individuals. Following the acquisition, the Corporate Insurance Advisors team will operate from Brown & Brown’s retail office in Ft. Lauderdale, under the leadership of Mike Gorham.
Source: Brown & Brown
Topics Mergers & Acquisitions Florida
Was this article valuable?
Here are more articles you may enjoy.
Iran’s Floating Oil Hoard Swells as Major Buyers Stay Away 
FBI Probes Whether Alarum Unit Is Behind Co-Opted Home Devices 
US Cyber Insurance Market Sees Flat Premium, More Third-Party Claims Hit Loss Ratio 
Climate Change Keeps Adding to List of Uninsurable Assets, Allianz Executive Says 
