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Broker Acquires Arkansas Firm

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Brown & Brown Inc. has acquired the assets of BeneTec Inc., Rogers, Ark.[@@]

BeneTec generates more than $500,000 in annual revenue from the sale of employee benefits to employers in the Ozarks.

Robert and Cindy Borden have been the owners of BeneTec, and Cindy Borden will continue to run the Rogers office, which now will become part of Brown & Brown’s existing operation in Arkansas, according to Brown & Brown, Daytona Beach, Fla.

The Rogers office now will sell a wider range of insurance products and services, Brown & Brown says.