McGriff, a large retail insurance brokerage headquartered in Charlotte, announced it has acquired Amity Benefits, an employee benefits brokerage based in Tampa.
Amity, founded in 2017, has specialized in the auto dealer space. The acquistion will expand McGriff’s capabilities in that and other areas, Mike Breedlove, national sales and growth leader at McGriff, said in a statement.
Brian Howard is CEO of Amity. Amity will now operate as part of the South region for McGriff, and Amity staff will join the McGriff benefits team, the company said.
Terms of the deal were not disclosed.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Mississippi Insurance Dept. Top Examiner Named in $90M Credit Union Theft Suit 
NAIC Victim of Cyber Incident Via PeopleSoft System 
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says 
US P/C Rebounds to Post Q1 Underwriting Gain; Net Income Doubles 
