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Stock impact report

Brown & Brown, Inc. Announces The Asset Acquisition Of Claim Technologies Incorporated [TheStreet.com]

Brown & Brown, Inc. (BRO) 
Last brown & brown, inc. earnings: 4/27 05:00 pm Check Earnings Report
US:NYSE Investor Relations: brown.edu
Company Research Source: TheStreet.com
DAYTONA BEACH, Fla., May 16, 2022 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. ( ) -, and Donald (Don) R. Brandt and Randall (Randy) J. Brandt, the principals of Claim Technologies Incorporated (CTI), today announced that Brown & Brown of Massachusetts, LLC, a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of CTI. Founded in 1990 by Don Brandt, CTI uses its proprietary software to offer a wide variety of benefit plan audits to governmental and private employers throughout the United States. Following the acquisition, the CTI team will continue operating from their existing Des Moines, Iowa office under the leadership of Randy Brandt. The CTI business will operate within Brown & Brown's Retail segment and report to Mark Abate, who oversees certain Brown & Brown employee benefits and pharmacy consulting businesses. P. Barrett Brown, the president of Brown & Brown's Retail segment, stated, "The addition of CTI to Show less Read more
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