DAYTONA BEACH, Fla., Oct. 11, 2019 (GLOBE NEWSWIRE) -- J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and Christopher A. Poole, Thomas M. Mullard, and Kenneth R. Wortley, the principals of Poole Professional Ltd. Insurance Agents and Brokers; Poole Professional – New York, Inc.; and Wortley/Poole Professional Ltd. (collectively, Poole Professional Companies), today announced that Brown & Brown of Massachusetts, LLC has acquired substantially all of the assets of Poole Professional Companies.
Founded in 1994, Poole Professional Companies specialize in providing risk management products and services to architects and engineers throughout New England, New York, Pennsylvania, and New Jersey. The firm also provides professional liability insurance products and services to lawyers, accountants, and other specialty customers. Following the transaction, the Poole Professional Companies team will operate as a new stand-alone office within Brown & Brown’s Retail Segment and will continue doing business under the leadership of Chris Poole from their existing locations in Wakefield, Massachusetts; Pittsford, New York; and Philadelphia, Pennsylvania.
Donald M. McGowan, a Senior Vice President who oversees several of Brown & Brown’s retail offices in the Northeast, stated, “Chris, Tom, and Ken bring an unparalleled level of understanding and experience around the risk management issues facing design professionals. We are honored they have decided to take their next step with Brown & Brown and are excited about the growth opportunities we believe will arise as a result of the broader menu of products and services they will be able to offer their customers.”
Chris Poole said, “We look forward to combining our specialized knowledge and outstanding service in the professional liability field with the expansive resources and broad expertise of Brown & Brown to provide our clients with the very best insurance and risk management solutions available.”
Brown & Brown, Inc. is a leading insurance brokerage firm, providing risk management solutions to individuals and businesses. With Brown & Brown’s 80 years of proven success and thousands of teammates, we offer knowledge you can trust and strive to deliver superior customer service. For more information, please visit bbinsurance.com.
