Brown & Brown, Inc. Announces the Asset Acquisition of Amity Insurance Agency

August 17, 2020 | Brown & Brown, Inc. | Investor Relations

Click to access the official press statement on investor.Bbinsurance.Com.

Brown & Brown Inc., A subsidiary of Agency Insurance Amity, has announced today that its Massachusetts-based subsidiary, Brown Inc., Substantially holds all the assets of Amity Insurance Agency. The principals of Agency Insurance Amity, Justin T. Kesner and Jonathan A. Lanza, along with Scott J. Penny, also stated this information. This news was released on August 17, 2020, in Daytona Beach, Florida.

The Amity team will continue to operate their existing office in Quincy, Massachusetts under the direction of Kesner Justin. In addition to providing a variety of personal insurance products and services to individuals throughout New England, the firm also offers a wide range of insurance products and services for customers in the construction, transportation, parking, and legal industries. Insurance Amity was founded in 1978 and specializes in risk management solutions.

Amity has a reputation for combining expertise and creativity to meet the risk management needs of its customers, and we are excited that they have chosen to take their next step in growing their operations in England. This transaction allows us to add a number of high-quality leaders to our team, as stated by Donald M. McGowan, President of Regional Retail Segment at Brown & Brown.

“We are extremely excited to join Brown & Brown’s premier network as it presents an exceptional opportunity for our team and clients. By becoming a partner, we can greatly enhance our ability to serve both our current and future clients, while also accelerating Amity’s growth through the utilization of their extensive operational experience and collaborative technological resources. We firmly believe that by aligning with Brown & Brown, we can learn, share, and find a long-term partner that shares our commitment to strategic thinking and long-term success.”

“We are very pleased about what this means for our clients and our team, as Amity will continue to provide our clients with a broader range of products and services, including robust employee benefits, professional liability and property casualty insurance, while also providing personal customer service expertise to our individual and commercial clients. We share Brown & Brown’s commitment to superior customer service, quality insurance products, integrity, and innovation,” stated Jonathan Lanza.

Inc., Brown & Brown, stands as a prominent insurance brokerage company, offering risk management solutions to individuals and businesses. We provide reliable expertise and aim to provide excellent customer service, with over 80 years of demonstrated achievements and a large workforce. For additional information, please visit bbinsurance.Com.

The achievements and other business information contained in Brown’s & Brown’s filings with the Commission Exchange and Securities further indicate that the financial condition and anticipated results from Brown’s & Brown’s may possibly materially differ from the actual financial condition and results. It is possible that Brown’s & Brown’s may not have control over these inherently uncertain events in the future, which only represent Brown’s & Brown’s current belief instead of historical facts. These forward-looking statements, including those associated with this acquisition, are inherently uncertain and may contain certain statements relating to future results. This press release may contain forward-looking statements.

R. Andrew Watts serves as the Chief Financial Officer and can

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Reference: Brown & Brown