Brown & Brown Acquires Vandroff Insurance Agency of Florida

Brown & Brown of Florida, Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of Vandroff Insurance Agency, Inc., according to J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc., and David Vandroff, the sole shareholder of Vandroff Insurance.

Vandroff Insurance is a 120-year old family owned agency in Jacksonville, Fla., providing a variety of personal and business insurance products and services to clients in Jacksonville and Northern Florida with an annual revenue of approximately $1 million.

David Vandroff and his team will join Brown & Brown’s Jacksonville office, led by Josh Becksmith and reporting to Michael Keeby, regional president of Brown & Brown Retail.

Brown & Brown, Inc., through its subsidiaries, offers a range of insurance products and related services. Additionally, certain Brown & Brown subsidiaries offer a variety of risk management, third-party administration, and other services for business, public entity, individual, trade and professional association clients nationwide.

Topics Florida Mergers & Acquisitions