Products January 2, 2009

FL Benefits Broker Makes California Acquisition

January 2, 2009 (PLANSPONSOR.com) - A Daytona Beach insurance company is acquiring a Newport Beach, California, employer benefits broker that specializes in medium and large businesses, according to a news release.
Reported by

The announcement said Brown & Brown, Inc. would acquireBaker, Thomsen Associates Insurance Services through a Brown & Brown subsidiary.

Baker, Thomsen, with annualized revenues of approximately $1.4 million, has a client base spread around the country.

As a result of the deal, Kathleen Wittau and Baker, Thomsen’s other staff members will combine their agency operations with Brown & Brown’s Orange office, under Tim Casey, according to the announcement.

Brown & Brown offers insurance and reinsurance products and services, as well as risk management, third party administration, managed health care, and Medicare set-aside services and programs. More information is at  www.bbinsurance.com .

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