Brown & Brown, Inc. has acquired Shapiro Insurance, Inc., of Tallahassee, Florida.
Shapiro Insurance, with annualized revenues of approximately $3 million, is an insurance intermediary serving Florida, South Alabama and Georgia. The company focuses on employee benefits, as well as commercial and personal lines insurance and employee benefits administration.
Howard Shapiro, president of the agency, and his staff will be merging their operations with those of Brown & Brown’s existing Tallahassee office, under the leadership of John Esposito, according to the companies.
Brown & Brown CFO, Corey Walker said
Source: www.bbinsurance.com.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
How Insurers Know When It’s Time to Scale AI 
US P/C Rebounds to Post Q1 Underwriting Gain; Net Income Doubles 
Space Startups Seek Insurance for Orbital AI Data Centers 
NAIC Victim of Cyber Incident Via PeopleSoft System 
