Brown & Brown, Inc. Announces the Asset Acquisition of yourPFO Consulting, LLC

Brown & Brown, Inc. Announces the Asset Acquisition of yourPFO Consulting, LLCJ. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc., today announced that Brown & Brown of New York, Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of yourPFO Consulting, LLC ("yourPFO").

Source: Source: Brown & Brown | Published on February 20, 2018

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yourPFO represents many large company clients in the design and implementation of life insurance and employee benefits plans (life, health and ancillary) and has annual revenues of approximately $4.5 million.  The yourPFO team will become part of the Westchester, New York profit center, which operates under the leadership of Don McGowan, Regional President of Brown & Brown, Inc.

Don stated, "The addition of the yourPFO operation to our Westchester profit center will bring a high level of employee benefits consulting experience and expertise for large employer groups.  We are confident that the yourPFO team will flourish with their new teammates at Brown & Brown."

Brown & Brown, Inc., through its subsidiaries, offers a broad range of insurance products and related services.  Additionally, certain Brown & Brown subsidiaries offer a variety of risk management, third-party administration, and other services. Serving business, public entity, individual, trade and professional association clients nationwide, Brown & Brown is ranked by Business Insurance magazine as the United States' sixth largest independent insurance intermediary. Brown & Brown's Web address is www.bbinsurance.com.