J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and David Dybdahl and Cynthia Statz, owners of American Risk Management Resources Network, LLC (“ARMR”), announced that a Bridge Specialty Group company and subsidiary of Brown & Brown, Inc. has acquired the assets of ARMR.
ARMR is a specialty wholesale environmental insurance brokerage platform serving production partners nationwide. The ARMR team combines a deep knowledge of environmental risks and insurance with customized environmental insurance placement designs.
ARMR will continue to operate from Madison, Wisconsin, under the operational leadership of Kari Kohal, president. David Dybdahl will continue with ARMR, focusing on building new product offerings and sharing his curated knowledge of environmental risks and insurance through education and training. Kari and David will report to Walter Grote, chief underwriting officer and central regional president of Bridge Specialty Group.
Topics Mergers & Acquisitions
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