Brown & Brown Acquires Assets of BayRisk Insurance Brokers in California

January 13, 2016

Brown & Brown Insurance Services of California Inc., a subsidiary of Brown & Brown Inc., has acquired certain assets of San Francisco, Calif.-based BayRisk Insurance Brokers Inc.

Following the transaction, the BayRisk team will relocate to Brown & Brown’s existing Lafayette, Calif. office, a branch location of Brown & Brown’s “Sitzmann Morris & Lavis” profit center. The combined operations will operate under the leadership of Matthew M. Sitzmann, executive vice president of Brown & Brown Insurance Services of California.

BayRisk provides property/casualty insurance products and services, including specialty programs for mobile food service vendors, restaurants, technology companies, apartments and recreational marine, to clients throughout California. The company has reported annual revenues of $2.5 million.

merger acquisitionBrown & Brown Inc., through its subsidiaries, offers a range of insurance and related services.

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