Louisiana Underwriting Firm Bought by Brown & Brown
C. Roy Bridges, regional executive vice president of Brown & Brown Inc., and Geoffrey Hughes and Nancy D. Hughes, principals of Energy and Marine Underwriters Inc. of Kenner, La., announced the asset acquisition of Energy and Marine Underwriters Inc. by Brown & Brown.
Energy and Marine Underwriters, with annualized revenues of approximately $1.8 million, is an insurance wholesaling enterprise that focuses on the specialized needs of the energy and maritime industries and related suppliers. Geoffrey Hughes will serve as Profit Center Manager for this new Brown & Brown stand-alone operation. He and Nancy Hughes, along with their existing staff, will remain at their current location and continue to operate as Energy and Marine Underwriters.
Bridges, who is responsible for Brown & Brown’s operations in Louisiana and several other Southeastern states, commented: “We are very pleased to welcome this dedicated team to our growing family of insurance professionals. Nancy and Geoff and their staff have the same client-focused attitude that is a Brown & Brown hallmark. Their addition further expands our service capabilities in the maritime market and represents our initial entry into the dynamic energy field.”