J. Scott Penny, Regional Executive Vice President of Brown & Brown, Inc., and Ross W. Kraft and Andrew F. Biernat, principals of Meridian Group of New York, Inc., of Utica, New York, today announced the asset acquisition of Meridian Group of New York, Inc. by Brown & Brown of New York, Inc., a subsidiary of Brown & Brown, Inc.
Meridian Group, with annual revenues of approximately $1.3 million, provides life, health, and other employee benefits products and services to individuals, businesses, public entities, non-profit organizations, unions and associations throughout New York State. Ross Kraft, Andrew Biernat and their staff will combine their operations into Brown & Brown of New York's Rome, New York office, under the leadership of David Carello.
Mr. Penny, who is responsible for certain of Brown & Brown New York's retail operations, commented, "We are very pleased that Ross, Andrew and their team have chosen to join us. Ross and Andrew have built an impressive employee benefits practice that will enable us to expand the portfolio of products and services we can offer to our clients."
Brown & Brown, Inc. and its subsidiaries offer a broad range of insurance and reinsurance products and services, as well as risk management, third party administration, managed health care, and Medicare set-aside services and programs. Providing service to business, public entity, individual, trade and professional association clients nationwide, the Company is ranked by Business Insurance magazine as the sixth largest independent insurance intermediary in the United States. The Company's Web address is www.bbinsurance.com.