January 05, 2009 at 10:51 AM
Brown & Brown Inc. has started the new year by reeling in 2 employee benefits sellers.
Brown & Brown, Daytona Beach, Fla., says it has acquired the small business insurance unit of Conner Strong Companies, Inc., Cherry Hill, N.J.
Brown & Brown is not saying how much it has paid for the unit, which generates $9.3 million in annual revenue by selling employee benefits and commercial insurance to small businesses.
Brown & Brown also has acquired Preferred Insurance Services L.L.C., Phoenix, a firm with $1.3 million in annual revenue that sells benefits and property-casualty products to both individuals and businesses.
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