Brown & Brown [NYSE: BRO] Acquire all Stock of Remedy Analytics

Brown & Brown, Inc. [NYSE: BRO] revealed that it has purchased all of the stock of Remedy Analytics. Since its inception in 1939, BRO has earned a reputation as a prominent insurance brokerage firm, offering risk management solutions to individuals and businesses. Remedy Analytics is the best fit for Brown & Brown which gives reason to the shareholders of Remedy to authorize the stock acquisition.

Remedy Analytics believed that its team of experienced professionals will fit in impeccably with Brown & Brown’s capabilities and culture. Through this acquisition, both the firm will continue to stand out together, surpassing customer expectations and continually strengthening and increasing its deliverables.

Furthermore, after the acquisition, the Remedy Analytics team will continue working from their current Milwaukee, Wisconsin location under the leadership of existing COO, Jennifer Hill. Martin will continue to back the Remedy Analytics business as a consultant. The Remedy Analytics business will work within Brown & Brown’s Retail segment and report to Mark Abate, who supervises Brown & Brown’s Strategic Benefit Advisors operations.

Additionally, BRO decides to acquire Remedy Analytics after it witnessed that Remedy Analytics has established its business around using technology to provide significant cost savings opportunities for large employers. BRO is delighted to take advantage of its platform and capabilities to better serve its customers.