Brown & Brown buys US employee benefit firm Yozell
Broker Brown & Brown has acquired substantially all of the assets of employee benefits firm Yozell Associates in the US.
Following the transaction, the principal of Yozell and his team will operate as a new stand-alone office within Brown & Brown’s retail segment and will continue doing business under the leadership of John Yozell and Marijane Norris Geary from the office located in Boston, Massachusetts.
Barrett Brown, senior vice president in Brown & Brown’s retail segment, said: “John and his dedicated team have a long history of providing successful employee benefit solutions in the New England area. The Yozell team is customer focused, community driven and committed to incentivize, train and attract top talent. Like Brown & Brown, one part of the core Yozell mission is providing personal attention and developing unique insurance solutions for its customers. The Yozell team will strengthen our employee benefits capabilities.”
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