Brown & Brown acquires McNamara’s assets
Brown & Brown acquires McNamara’s assets
Insurance News
By Terry Jungkwangco
Brown & Brown, Inc. acquired on McNamara’s assets for an undisclosed sum.
Founded in 1970 in Minnesota, The McNamara Company is a family-owned dealership serving clients in all 50 states for four generations. They provide a comprehensive range of insurance solutions for businesses, families and individuals.
Under the deal, McNamara’s team, including principals Patrick and Alicia McNamara, will consolidate into Brown & Brown’s Phoenix office where they will report to Scott Jones.
Expressing his excitement about the deal, John Esposito, Senior Vice President of Retail at Brown & Brown, said: “We are thrilled to have Pat, Alicia and the McNamara team join Brown & Brown.
“The team brings experience across commercial and personal lines with a focus on franchisees and operators. We look forward to combining our capabilities in our Phoenix office.”
Meanwhile, the McNamaras said: “We are excited to bring our talents together to continue providing outstanding service and strong insurance solutions to all of our clients.”
In business since 1939, Brown & Brown employs more than 16,000 people in more than 500 locations worldwide.
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