Brown & Brown Acquires Assets of Texas All Risk
Brown & Brown Inc. through its subsidiary, Hull & Company LLC, has acquired substantially all of the assets of Dallas-based Texas All Risk, a managing general agent (MGA) placing a wide range of property/ casualty insurance for businesses and individuals in Texas, Louisiana, and Oklahoma.
The transaction includes the asset acquisition of the All Risk companies: All Risk General Agency Inc.; Select General Agency LLC; TARGA Investment Corporation; TARGA Premium Finance Company Inc.; and Texas All Risk General Agency Inc. (collectively, Texas All Risk).
Following the acquisition, the Texas All Risk team will continue operating from its Dallas location as a new stand-alone office within Brown & Brown’s Wholesale Brokerage Segment under the leadership of Kelly Davis.
Brown & Brown Inc., based in Daytona Beach, Florida, is an insurance brokerage firm, providing risk management solutions to individuals and businesses.
Source: Brown & Brown Inc.