Brown & Brown snaps up commercial insurance agency in Tennessee

US broker Brown & Brown has acquired Tennessee-based insurance agency Frank E. Neal & Co., which provides commercial, surety, personal and employee benefits insurance solutions across the US Southeast region.

The agency specialises in providing surety bonds and commercial insurance solutions within the construction industry.

Following the deal, Frank E. Neal will join with the existing Brown & Brown of Tennessee team in Nashville, which operates under local leadership of Ryan Rothrock and regional leadership of John Esposito.

Rothrock said: “The Frank Neal agency has been a fixture in Tennessee for many decades. Their team has been an integral part of the community serving both businesses and families as the capital of Tennessee has grown. Wink, Mark, Brent and the entire Frank Neal team bring a wealth of experience and relationships to our established and proven Brown & Brown of Tennessee team. We are excited about our future together and the great things we can do for our customers.”

Wink Neal, one of the owners of Frank E. Neal, commented: “We are very thankful for our Father’s founding of the agency in 1975. He allowed Mark, Brent and me to become part of the agency and ultimately take the reins. This move is about continued success and new opportunities for our employees, clients and the agency. We are grateful to be joining the Brown & Brown team. Mark, Brent and I are excited and eager to go to work with Brown & Brown of Tennessee.”