18 June 2018Insurance

Brown & Brown acquires US MGA C & C Risk Services

Insurance broker Brown & Brown has acquired substantially all of the assets of C & C Risk Services, a managing general agent (MGA) providing excess public entity insurance coverage to municipalities in Texas and Florida.

The MGA was founded by Craig Balco and Chris Fuller in 2013. It has annual revenues of approximately $1 million. Following the acquisition, C & C Risk Services will operate as part of Brown & Brown’s wholesale brokerage division from its existing Texas and Florida locations.

Anthony Strianese, president of Brown & Brown’s wholesale brokerage division, commented: “Craig and Chris bring great experience and expertise in the excess public entity insurance market. We are proud to welcome them to the Brown & Brown family and look forward to their growth in Texas, Florida, and beyond.”

Make sure you are GDPR compliant and  confirm your email address to keep getting our daily emails

More of today's news

Gallagher reveals new UK CEO, Chilton to step down

2018 hurricane season could be average, claims Moody’s

Allianz Partners appoints new UK and Ireland CEO

LCCG to acquire UK insurer Equitable Life

AM Best upgrades PartnerRe on strong balance sheet

JLT expands M&A insurance practice with Allied World hire

Don't miss our insurtech email newsletter - sign up today

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

3 May 2018   US-based broker Brown & Brown has entered into an agreement to acquire the Servco Pacific Insurance (SPI) operations in Hawaii and the Pacific Northwest.
19 June 2018   Texas Security General Insurance Agency, a subsidiary of insurance broker Brown & Brown, has acquired Texas Commercial Insurance Facilities (TCIF) and Arkansas Insurance Facilities (AIF) from Loving and Etheredge.
2 July 2018   Insurance broker Brown & Brown has acquired US-based Health Special Risk (HSR), a provider of third-party administration (TPA) and managing general underwriting (MGU) services for special risk and accident & health insurance.