Brown & Brown, Inc. has right now introduced the acquisition of Highcourt Companions Restricted and its subsidiaries eUnderwriters and CLIS.
Highcourt Companions Restricted was based in 2011 as an entrepreneurial worldwide insurance coverage brokerage and danger consulting agency. It turned Highcourt Breckles Group (HBG) in April 2021, when it merged with the Toronto-based insurance coverage company Breckles Group.
Per the phrases of the transaction, HBG will function throughout the Brown & Brown retail section and can proceed to be led by Mark McKay, HBG chief government officer. Following the completion of the deal, McKay will report back to Mary Raveling, Brown & Brown senior vice chairman and retail senior chief and turn out to be a member of the Brown & Brown senior management council.
In the meantime, HBG will set up the primary retail brokerage operation for Brown & Brown in Canada.
Commenting on the deal, McKay stated: “This mixture with Brown & Brown may be very constructive for our clients and colleagues and we sit up for persevering with to construct out and increase our choices. Collectively, we’ve got a well-run insurance coverage brokerage targeted on customer support with an area presence and international capabilities by Brown & Brown. This basis will serve us properly as we make investments and develop our Canadian footprint as a part of the Brown & Brown group.”
