Filed Under:Agent Broker, Agency Management

Brown & Brown Acquires Moten Associates

NU Online News Service, April 20, 9:42 a.m. EDT

Daytona, Fla.-based insurance broker Brown & Brown says its subsidiary, Brown & Brown of Pennsylvania, Inc., has acquired Moten Associates of Norristown, Penn.

Terms of the transaction were not released.

With origins dating back to 1970, Moten Associates offers surety bonds, as well as a wide variety of property and casualty insurance products, to clients throughout the Delaware Valley and the eastern United States. The company has combined annual revenues of approximately $1.1 million.  

James “Jim” D. Toennies and Janet A. Toennies, the principals, and their staff will join Brown & Brown of Pennsylvania offices in Plymouth Meeting, Penn., under the leadership of Robert D. “Rob” Heller.

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

Agent & Broker Insider eNewsletter

Proven success tips and essential information to help agents and brokers grow their practice – FREE. Sign Up Now!

Mobile Phone

Advertisement. Closing in 15 seconds.