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Brown & Brown unit buys Massachusetts-based brokerage

Posted On: Aug. 17, 2020 11:27 AM CST

M&A

Brown & Brown of Massachusetts Inc., a subsidiary of Brown & Brown Inc., has acquired Amity Insurance Agency, Brown & Brown Inc. said in a statement Monday.

Quincy, Massachusetts-based Amity specializes in risk management for customers in the legal, parking, transportation and construction industries, the statement said. Amity has approximately 20 employees, according to its website.

The Amity team will continue operating from its existing office in Quincy under the direction of president and treasurer Justin Kesner, the statement said.

Donald M. McGowan, a regional president in Brown & Brown’s retail segment, said the deal adds to Brown’s “…growing New England operations.”

Jonathan Lanza, vice president and secretary and director of risk management for Amity, said the deal will allow the firm to offer “…an even broader range of property and casualty and professional liability insurance protection,” as well as employee benefits products and services.

Brown & Brown, based in Daytona Beach, Florida, is the sixth-largest brokerage in the world, according to Business Insurance’s most recent ranking.