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Slide #53. Brown & Brown, Inc. — Asset Acquisition of O'Neil Financial Services Agency, Inc.
Brown & Brown, Inc. (NYSE:BRO)
Asset Acquisition of O'Neil Financial Services Agency, Inc.
J. Scott Penny, Regional President and Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE: BRO), together with Tom O'Neil, the principal of O'Neil Financial Services Agency, Inc. ("O'Neil Financial Services"), today announced that Brown & Brown of Kentucky, Inc., a subsidiary of Brown & Brown, Inc., has acquired certain assets of O'Neil Financial Services.
Brown & Brown is an insurance agency, wholesale brokerage, insurance programs and service organization. Co.'s segments are: Retail, which provides a range of insurance products and services, and as non-insurance services and products; National Programs, which provides professional liability and related package products, a range of insurance products, flood coverage, and targeted products and services; Wholesale Brokerage, which markets and sells excess and surplus commercial and personal lines insurance; and Services, which provides insurance-related services, including third-party claims administration and adjusting services, and medical utilization management services.
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