J. Scott Penny, chief acquisitions officer of Brown & Brown, and Patrick and Aleshia McNamara, principals of McNamara Company, announced that Brown & Brown has acquired the assets of McNamara Company. McNamara Company is a family-owned agency that has been servicing customers in all 50 states for four generations. Established in 1970 in Minnesota, McNamara Company provides a full-service suite of insurance solutions for businesses, families and individuals. The McNamara team will join the Brown & Brown office in Phoenix and report to Scott Jones, the leader of the Phoenix team.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BRO:
- Brown & Brown, Inc. acquires the assets of McNamara Company
- Brown & Brown price target raised to $100 from $94 at Citi
- Brown & Brown upgraded to Neutral from Underperform at BofA
- Public Entities of America, LLC joins Apex Insurance Agency, LLC, part of Bridge Specialty Group, LLC
- Brown & Brown price target raised to $94 from $92 at Truist