Brown & Brown Acquires Behnke & Associates in South Florida

Florida-based national insurance brokerage Brown & Brown Inc. announced this month asset acquisitions of Behnke & Associates Inc., an independent insurance agency located in South Florida.

Founded in 1995, Behnke & Associates specializes in providing personal lines property/casualty insurance products to clients throughout South Florida. With annual revenues of approximately $4.0 million, the firm has offices in Hollywood and Pembroke Pines, Florida.

As part of this transaction, Behnke & Associates’ Hollywood office will join Brown & Brown of Florida’s existing Miami Lakes office, and Behnke & Associates’ Pembroke Pines office will continue to operate from its existing location.

Going forward, Mark Introcaso, who has been serving as a principal at Behnke & Associates, will supervise the day-to-day operations of the Behnke & Associates team in both locations under the leadership and direction of Colin E. Lowe, profit center leader of Brown & Brown of Florida Inc.’s Miami Lakes office.

Daytona Beach, Fla.-headquartered Brown & Brown Inc., through its subsidiaries, offers a broad range of insurance and reinsurance products and related services. Additionally, certain Brown & Brown subsidiaries offer a variety of risk management, third-party administration, and other services.

Topics Mergers & Acquisitions Florida