Brown & Brown of Central Michigan, a subsidiary of Brown & Brown, has acquired substantially all of the assets of Michigan-based Public Employee Benefits Solutions (PEBS).
With annual revenues of approximately $2.3m, PEBS provides employee benefits coverage and advice to municipalities, public and quasi-public agencies, and not-for-profit organizations throughout the State of Michigan.
Brown & Brown said PEBS team will continue to serve its clients from PEBS’s Saginaw location, under the leadership of PEBS’s current president, Angela Garner.
Brown & Brown regional president Linda Downs said PEBS’s singular focus has led it to build one of the most skilled teams in the industry devoted to the employee benefits needs of governmental entities.
Brown & Brown, through its subsidiaries, offers a broad range of insurance and reinsurance products and related services.
Additionally, certain Brown & Brown subsidiaries offer a variety of risk management, third-party administration, and other services.