Brown & Brown Acquires The Pacific Underwriters Corporation
October 17, 2023
A subsidiary of Brown & Brown, Inc. acquired substantially all of the assets of The Pacific Underwriters Corporation. The Pacific Underwriters team will continue operating from their Seattle location as part of Brown & Brown's National Programs segment, strengthening the firm's capabilities in public-utility program management and dental practitioner insurance across the Pacific Northwest. The sellers were shareholders Diane M. Darling, Randall R. Flem and Richard C. Rodruck.
- Buyers
- Brown & Brown, Inc.
- Targets
- The Pacific Underwriters Corporation
- Sellers
- Diane M. Darling, Randall R. Flem, Richard C. Rodruck
- Industry
- Insurance
- Location
- Washington, United States
- Transaction Type
- Buyout
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