The acquisition of the assets of Axiom Intermediaries LLC of Stony Creek, N.C. has been completed by Brown & Brown Inc. of Daytona Beach, Fla.
Axiom Intermediaries, with approximately $14.0 million in annualized revenues, is a reinsurance intermediary and consulting firm. It has offices in Stoney Creek; St. Petersburg, Fla.; Naperville, Ill.; and Wilton, Conn.
Following the acquisition, Brown & Brown’s existing reinsurance intermediary is being merged into Axiom. Axiom’s current management will lead the combined operations from its Stoney Creek headquarters and continue to serve clients from its current locations.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions 
Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance 
BMW Recalls Hundreds of Thousands of Cars Over Fire Risk 
Florida Insurance Costs 14.5% Lower Than Without Reforms, Report Finds 
