Los Angeles, Calif.-based Brown & Riding and Chicago, Ill.-based Travis-Pedersen have inked a deal that creates a large property/casualty wholesaler.
The companies began discussions about combining their complementary organizations in 2009 and reached a definitive agreement to merge effective Dec. 31. As of Jan. 1, 2013, the combined company will service clients and insurance company partners from 11 office locations around the country.
Jeff Rodriguez will continue to serve as chief executive officer of the combined operation and the corporate headquarters will be located in Los Angeles.
Topics California
Was this article valuable?
Here are more articles you may enjoy.
California Homeowners Insurance Costs Still 41% Below National Average, Report Shows 
Wanted: War-Zone Divers to Scrape Barnacles From Ships in Persian Gulf 
Trump Says Illegal Immigration Increased Car Insurance but Experts Say Otherwise 
Appetite for Insurance M&A Remains as AI Enters the Chat, Says PwC 
