Brown & Brown Inc. introduced it has entered an settlement to accumulate the final insurance coverage operations of Quinlan Insurance coverage.
Monetary particulars of transaction, which is predicted to shut in late June 2022, weren’t disclosed. The deal is topic to sure closing situations.
With greater than 35 years of expertise within the insurance coverage advisory enterprise, Patrick Quinlan established Quinlan Insurance coverage in Dublin in 2008 as a boutique-style business insurance coverage brokerage, providing skilled business insurance coverage recommendation, providers and options to a variety of business segments.
Right now, the ten insurance coverage advisers on the Quinlan Insurance coverage staff focus on offering property insurance coverage options to house block administration corporations and property house owners and their brokers.
“Patrick demonstrated the entrepreneurial spirit valued by Brown & Brown in constructing his profitable company. We’re excited in regards to the capabilities that the Quinlan Insurance coverage staff brings to our O’Leary Insurances operations and the additional progress and enhancement of our presence in Dublin,” commented Barrett Brown, president of Brown & Brown’s Retail section.
“I actually welcome this settlement. It should profit our clients and our employees and supplies certainty in these unsure occasions. This chance will permit us to proceed rising our enterprise and specializing in our clients in partnership with O’Leary Insurances and Brown & Brown,” mentioned Quinlan.
Launched in 1939, Brown & Brown Inc. is a Daytona Seashore, Fla.-based insurance coverage dealer that delivers threat administration options to people and companies. It employs 12,000 folks in 350-plus areas throughout the U.S. and choose world markets.
Supply: Brown & Brown Inc.
Mergers & Acquisitions
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