Business Moves
Brown & Brown, Ruland & Mattingley Insurance
C. Roy Bridges, regional president of Daytona Beach, Fla.-based Brown & Brown Inc. and Lloyd S. Ruland III and Philip M. Ruland, shareholders of Ruland & Mattingley Insurance Services Inc. of Laguna Hills, Calif., acquired substantially all of the assets of Ruland & Mattingley Insurance Services Inc. by Brown & Brown of California Inc., a subsidiary of Brown & Brown.
With annual revenues of approximately $1.1 million, Ruland & Mattingley offers employee benefits insurance products and services throughout southern California. Lloyd Ruland, Phil Ruland and their team will join Brown & Brown of California’s Orange, Calif., office.
Brown & Brown Inc., through its subsidiaries, offers insurance and reinsurance products and related services. Certain Brown & Brown subsidiaries offer risk management, third-party administration, and other services.
Risk Strategies Co., Cohn-Reid-O’Neill Insurance
Risk Strategies Co. (RSC), a Boston-based insurance brokerage and risk management firm, has merged Cohn-Reid-O’Neill Insurance Services Inc. (CRO) in Burlingame, Calif., with its West Coast operations. Terms of the transaction have not been disclosed.
CRO focuses on the technology, agriculture and real estate sectors, and has a private client personal lines insurance group, that serves high net worth individuals and families.
CRO’s three founding principals, Joe Cohn, Andy Reid and John O’Neill, will continue to lead CRO’s business with all of CRO’s employees joining the newly combined RSC-CRO organization.
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