Los Angeles, Calif.-based Brown & Riding and Chicago, Ill.-based Travis-Pedersen have inked a deal that creates a large property/casualty wholesaler.
The companies began discussions about combining their complementary organizations in 2009 and reached a definitive agreement to merge effective Dec. 31. As of Jan. 1, 2013, the combined company will service clients and insurance company partners from 11 office locations around the country.
Jeff Rodriguez will continue to serve as chief executive officer of the combined operation and the corporate headquarters will be located in Los Angeles.
Topics California
Was this article valuable?
Here are more articles you may enjoy.
Florida Jury Awards Jack Nicklaus $50M in Defamation Suit vs. His Former Company
Viewpoint: Insurance and AI – A Double-Edged Sword
AWS Outage a ‘Moderate Incident,’ Another Near Miss for Insurance Industry
AIG to Acquire Renewal Rights of Everest’s Retail Commercial Business Worth $2B 

