A subsidiary of Florida-based Brown & Brown Inc. has acquired the assets of Phoenix, Ariz.,-based Preferred Insurance Services LLC. Preferred Insurance Services, with annualized revenues of approximately $1.3 million, focuses on property & casualty and benefits insurance for individuals and businesses in Phoenix and throughout the United States. Gary F. Hapip, Craig S. King and Gary R. Honea, the members and managers of Preferred Insurance Services, and their staff will combine their agency operations with that of Brown & Brown’s existing Phoenix office, under the leadership of John Slater.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Viewpoint: Agentic AI Is Coming to Insurance Industry – Much Faster Than You Think 
Trump to Issue Order Creating National AI Rule 
Hartford: 10-Year Analysis Shows Shifts in Common, Expensive Small-Business Claims 
Acrisure CEO Greg Williams Makes $400M Commitment to Michigan State University 
