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.   

Comments

Resource Center

View All »

Complimentary White Paper: The Compression of Workplace Time

How brokers and carriers respond to the compression of workplace time will create significant competitive...

The Changing Insurance Consumer: 6 Ways to Create Profitable Relationships

Today’s mobile and web-savvy consumers have new expectations when it comes to interacting with your...

Contractors General Liability Coverage 102

What is a prior work exclusion? Which option is right for my client? Why do...

Sign up today to get a 50% matching credit -...

Insurance marketing sometimes seems like it's a game of swings and misses, but we're here...

Guide: 5 Steps to Selling Cyber

Cyber risk and data security is on the agenda of every business owner and executive....

Citation Correlation

Do rigger and signalperson qualifications correlate with the cause of crane and rigging accidents? ...

Complete Guide to Electronic Signatures in Property & Casualty Insurance...

In property and casualty insurance, closing new business quickly is key. Learn how to leverage...

INSTANT ACCESS: Complimentary Sales Closer Questionnaires

Help property owners or managers compare your commercial residential property insurance coverage vs. the competition....

Determining Vacant Property Perils and Valuations

Are your clients fully covered for Vacant Properties? In this economic climate, your insureds may...

Risk Management for Law Firms

This package of 3 concise risk management articles offers straightforward content and practical suggestions law...

Tech Digest eNewsletter

Technology related insights for insurance professionals including key developments, solution providers and news briefs from the carrier front – FREE. Sign Up Now!

Advertisement. Closing in 15 seconds.