NU Online News Service, March 19, 10:50 a.m. EDT
Daytona Beach, Fla.-based insurance broker Brown & Brown Inc. said it has acquired two Voorhees, N.J.-based insurance agencies, Excel Underwriters Alliance, Inc. and Spirit Underwriters, Inc. Financial terms were not disclosed.
With combined annual revenues of about $1.3 million, Excel Underwriters Alliance and Spirit Underwriters offer professional liability, directors and officers liability, employment practices liability, managed care/medical malpractice liability, crime, and related liability insurance products and services, primarily to insurance providers and agents.
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