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Brown & Brown subsidiary acquires assets of Preferred Insurance Services

Preferred Insurance Services focuses on property and casualty and benefits insurance for individuals and businesses

A subsidiary of Brown & Brown, a provider of insurance and reinsurance products and services, has acquired the asset of Preferred Insurance Services.

 

Preferred Insurance Services focuses on property and casualty and benefits insurance for individuals and businesses in Phoenix, Arizona and throughout the U.S.

 

Michael Paschke, regional executive vice president of Brown & Brown, said: We are excited to have Preferred Insurance Services and its incredibly talented staff join our Phoenix operations. This combination will enhance our Phoenix presence and allow our operations to provide new resources and service capabilities for our clients in Arizona.

 

Brown & Brown, Inc. and its subsidiaries offer a broad range of insurance and reinsurance products and services, as well as risk management, third party administration, managed health care and Medicare set-aside services and programmes. Providing service to business, public entity, individual, trade and professional association clients nationwide, the company is ranked by Business Insurance magazine as the seventh largest independent insurance intermediary in the United States.

 

Preferred Insurance is a full service agency. It offers all lines of Personal Lines Insurance (Home, Auto, Umbrella, Health, Life, Dental etc) as well as Commercial Lines (General Liability, Worker’s Compensation, Commercial Auto, Group Life & Health), as mentioned in city-data.com.