Brown & Brown, Inc. Announces the Acquisition of MEDVAL, LLC
Brown & Brown, Inc. (BRO)
Last brown & brown, inc. earnings: 4/27 05:00 pm
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Source: GlobeNewswire
DAYTONA BEACH, Fla., March 15, 2019 (GLOBE NEWSWIRE) -- J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE: BRO), today announced that The Advocator Group, LLC, a wholly owned subsidiary of Brown & Brown, Inc., has acquired MEDVAL, LLC. MEDVAL is an industry leader providing a suite of MSP-compliant services, which services incorporate consistent experience in front-line claims negotiation and comprehensive settlement solutions. MEDVAL has annual revenues of approximately $10,000,000. The MEDVAL team will continue to operate from their offices in California, Pennsylvania and Maryland, as MEDVAL, LLC, under the leadership of Jon Gunter and the experienced MEDVAL team. MEDVAL leadership will report to Julie Turpin, Chief Executive Officer of The Advocator Group. 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 teamma
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