The assets of Advanced Insurance Concepts, Inc. , of Bensalem, Pennsylvania, has been acquired by a subsidiary of Florida-based Brown & Brown, Inc.
Advanced Insurance Concepts, with annual revenues of approximately $2 million, is a general agency that specializes in individual and group employee benefit insurance products and services on behalf of brokers in Delaware, New Jersey, and Pennsylvania. The agency serves as the general agent for several health insurance providers in the region.
Tony Schufreider, Sr., Anthony G. “Tony” Schufreider, Jr. and their staff will join Brown & Brown Consulting, a Brown & Brown profit center located in Philadelphia, under the leadership of Robert Cola.
Source: Brown & Brown
www.bbinsurance.com
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Big ‘I’ Report: Independent Agency Channel Placed 62% of Premiums in 2023 
As Rates Rise, Majority of Homeowners Say Insurance Industry Is in Crisis: Survey 
Allstate, Nationwide Post Dramatic Q12024 Homeowners Loss Ratio Drops: S&P 
Three Charged With Helping Agents Cheat on Florida Insurance License Exams 
