Brown & Brown Completes Axiom Intermediaries Acquisition

The acquisition of the assets of Axiom Intermediaries LLC of Stony Creek, N.C. has been completed by Brown & Brown Inc. of Daytona Beach, Fla.

Axiom Intermediaries, with approximately $14.0 million in annualized revenues, is a reinsurance intermediary and consulting firm. It has offices in Stoney Creek; St. Petersburg, Fla.; Naperville, Ill.; and Wilton, Conn.

Following the acquisition, Brown & Brown’s existing reinsurance intermediary is being merged into Axiom. Axiom’s current management will lead the combined operations from its Stoney Creek headquarters and continue to serve clients from its current locations.