Filed Under:Carrier Innovations, Regulation/Legislation

Brokers AJG, Brown & Brown Announce Acquisitions

NU Online News Service, April 12, 11:18 a.m. EDT

Brokers Arthur J. Gallagher and Brown & Brown have announced recent acquisitions.

Arthur J. Gallagher says it has acquired Besselman & Little Agency of Baton Rouge, La. Besselman offers employee-benefit consultation and insurance-brokerage services for corporate, executive and individual clients throughout the southern United States.

The firm specializes in group medical, dental, life, disability and long-term care insurance programs.

Tom Besselman, the principal, and his associates—approximately 22 employees—will continue to operate from their current location under the direction of John Neumaier, South Central regional executive vice president of Gallagher’s employee benefit consulting and brokerage operations.

Brown & Brown says it has acquired Kane Partners Inc. in Mamaroneck, N.Y. Kane Partners, founded in 2003, has combined revenue of approximately $1.2 million. The firm offers employee-benefits-related services, including brokerage and consulting services, to clients in the northeastern United States and Florida.

Robert F. Fitzpatrick and Fred V. Leone, the principals of Kane, and their staff will join Brown & Brown offices in Rocky Hill, Conn.

Terms of both transactions were not disclosed.   

Featured Video

Most Recent Videos

Video Library ››

Top Story

Timeline revealed for possible NAPSLO/AAMGA merger

NAPSLO and AAMGA answer questions about a potential merger of the two organizations.

Top Story

4 steps to help clients' businesses survive a catastrophic event

Companies without a disaster recovery plan have a survival rate of less than 10 percent. A written disaster plan can provide direction and increase the chance of survival for your clients' businesses.

More Resources

Comments

eNewsletter Sign Up

Carrier Innovations eNewsletter

Critical news on the latest tech solutions, information security, analytics and data tools and regulatory changes to help decision-makers at insurance carriers keep their business thriving – FREE. Sign Up Now!

Mobile Phone

Advertisement. Closing in 15 seconds.