Brown & Brown Inc. has acquired Malvern, Penn.-based Benefit Development Group Inc.

Terms of the deal were not released, the Daytona Beach, Fla.-based firm said.

Benefit Development Group, with annualized revenues of approximately $1 million, is engaged in the specialized insurance arena of employee benefit plans and serves commercial clients throughout the greater Delaware Valley region.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.