Brown & Brown Acquires Two Massachusetts Agencies
Brown & Brown has acquired United Benefit Services and Beverly T. Gottlieb & Associates, two metro-Boston agencies specializing in employee benefits and related insurance products.
Terms of the deal were not disclosed.
The two agencies — headquartered in Newton and Charlestown, respectively — have combined revenues of approximately $6.4 million. They will remain in their current locations and Steven Peck, a principal of United Benefits, will lead the combined businesses.
Popular Today
- Cyber Rates Are Down, Risks Are Up but Small Businesses Slow to Adopt
- Adjuster Created Law Firm and Fake Claim to Defraud Insurer of $1M, Officials Charge
- All in the Family: Husband, Wife and Daughter Indicted for Insurance Fraud and Bribery
- KCC Says Isaias Insured Losses to Be $3 Billion; AM Best Calls Storm an Earnings Event