Brown & Brown Announces Acquisition of Colonial Claims Assets
The principals of Colonial Claims Corporation announced that a subsidiary of Brown & Brown, Inc. has acquired certain assets of Colonial Claims Corporation, Continental Claims Corp., and Colonial Claims of Kentucky, Inc. (collectively, “Colonial Claims”).
With combined annualized net revenues of approximately $6.6 million, Colonial Claims provides insurance claims adjusting and related services, including education and training services, throughout the United States.
Following the transaction, the acquired Colonial Claims operations will continue to operate from their existing locations in Lexington, Kentucky, and Dunedin, Florida, under the leadership of Doug Branham.
Brown & Brown, Inc., through its subsidiaries, offers a broad range of insurance and reinsurance products and related services.
SOURCE: Brown & Brown, Inc.
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