Brown & Brown Acquires San Antonio’s Alamo Insurance Group

January 6, 2010

Florida-based Brown & Brown Inc. announced that through a subsidiary it has acquired the assets of Alamo Insurance Group Inc., of San Antonio, Texas.

Alamo Insurance Group, with annual revenues of approximately $4.3 million, has provided property and casualty insurance, employee benefits insurance, personal insurance, and risk management products and services to clients since 1998. The Alamo Insurance Group team has expertise in a variety of industries, including school districts, governmental entities, entertainment, transportation and construction.

Pat McMahan, Mike Gilpin and their staff will continue to operate from their existing San Antonio and McAllen, Texas, locations under the Alamo Insurance Group name.

Source: Brown & Brown Inc., www.bbinsurance.com.

Topics Mergers & Acquisitions

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