An insurance distributor has bought the benefits brokerage assets of Martin Benefits Consulting L.L.C. and the human resources consulting firm assets of Martin Human Resources L.L.C.
Brown & Brown Inc., Daytona Beach, Fla. (NYSE:BRO), says it made the acquisitions through its Brown & Brown of New York Inc., subsidiary.
Martin Benefits, New York, and Martin Human Resources, New York, have been generating about $3 million in annual revenue by serving clients in the New York area.