Insurance broker Brown & Brown said it has acquired Nashville, Tenn.-based Security Insurance and Security Risk Managers Inc. Terms of the deal were not released.

The Daytona Beach, Fla.-based firm said Security Insurance and Security Risk Managers, with combined annualized revenues of approximately $4 million, have served their clients in Tennessee and throughout the United States for over 48 years.

Security Insurance was described as a retail insurance agency providing general commercial property and casualty insurance for clients throughout Tennessee.

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