Brown & Brown Inc. Acquires Assets of Preferred Insurance Services

January 5, 2009

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.

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