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Insurance Brokers M&A image Insurance Brokers M&A » By The Online Investor Staff, updated Sun., Apr. 28, 5:49 PM Recent mergers and acquisitions in the Insurance Brokers M&A category.

Slide #41. Brown & Brown, Inc. Asset Acquisition of ICA, Inc.

Acquirer: Brown & Brown, Inc. (NYSE:BRO)
Acquiree: Asset Acquisition of ICA, Inc.
Details: Sam R. Boone, Jr., Regional Executive Vice President of Brown & Brown, Inc. (NYSE: BRO), and Troy Brown, the Chief Executive Officer of ICA, Inc., today announced that a subsidiary of Brown & Brown, Inc. has acquired certain assets of ICA, Inc.

Brown & Brown is an insurance agency, wholesale brokerage, insurance programs and service organization. Co.'s segments are: Retail, which provides a range of insurance products and services and non-insurance services and products through its automobile dealer services businesses; National Programs, which provides program management capabilities for insurance carrier partners across various lines of business, that include personal lines programs, commercial lines programs, public entity programs and specialty programs; Wholesale Brokerage, which markets and sells excess and surplus commercial insurance products and services; and Services, which provides a range of insurance-related services.

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Company Name:  Brown & Brown Inc
Stock buyback:  BRO buyback
Website:  www.bbinsurance.com
Sector:  Insurance Brokers
Number of ETFs Holding BRO:  106
Total Market Value Held by ETFs:  $3.41B
Total Market Capitalization:  $23.43B
% of Market Cap. Held by ETFs:  14.57%
 

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April 28, 2024    5:49 PM Eastern
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Buy (2.67 out of 4)
12nd percentile
(ranked lower than approx. 88% of all stocks covered)

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