Brown & Brown Subsidiary Apex Insurance Acquires Global Intermediaries

Apex Insurance Agency Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of Global Intermediaries of Eugene LLC, d/b/a Global Intermediaries in Eugene, Ore.

With annualized revenues of approximately $1.3 million, Global Intermediaries is a wholesale operation that provides excess liability, worker’s compensation, medical malpractice, police professional, and other specialty insurance lines to self-insured public entities. Judd Feldman, president of Global Intermediaries, and his team of insurance professionals will continue to serve their clients and customers from their existing Eugene location, under the Apex Insurance Services name.

Commenting on the transaction, Karl F. Snearer, president of Apex said, “Apex has had a long and successful relationship with Global Intermediaries. We are proud to have Judd and his team joining Apex and assisting us in expanding our presence in the Pacific Northwest and western United States.”

Topics Mergers & Acquisitions