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Brown & Brown Brings Its Wholesale Units Under Bridge Specialty Brand

Brown & Brown Brings Its Wholesale Units Under Bridge Specialty Brand February 26, 2021 Global insurance broker Brown & Brown has consolidated its broad wholesale operations under one brand name, Bridge Specialty Group. As a group, the more than 25 wholesale units place more than $3 billion in premium. Wholesale brokerage total revenues for 2020 increased 13.8%, or $42.7 million, over 2019, to $352.8 million, and this accounts for about 13% of Brown & Brown’s total revenue. The firm also has its major retail insurance division as well as a services division. “Each of our wholesale operations has long excelled in their areas of expertise,” said Stephen M. Boyd, president of Bridge Specialty Group. “Now, as part of a collaborative enterprise that supports a multibillion-dollar premium book, we can maximize our collective experience, technical knowledge, and strong carrier relationships to provide specialty market access that delivers a br

Hull & Company Acquires Assets of South & Western General Agency in Texas

Hull & Company Acquires Assets of South & Western General Agency in Texas December 15, 2020 Hull & Company LLC, a subsidiary of Brown & Brown Inc., has acquired substantially all the assets of Addison, Texas-based South & Western Inc. and all issued and outstanding shares of its affiliate, S&W Premium Finance Company Inc. With roots dating back to 1974, South & Western is a managing general agency for retail insurance agents placing insurance for businesses and individuals primarily in Texas, Arkansas, Louisiana, Mississippi, Oklahoma and Tennessee. The firm specializes in personal lines, farm and ranch/agribusiness, commercial transportation, and specialty commercial property/casualty insurance products. South & Western also offers insurance premium financing through S&W Premium Finance Company.

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