The South Shore-based independent agency, Twinbrook Insurance has been sold. As of May 2019, Brown & Brown of Massachusetts officially acquired all of the assets of the agency owned by sole shareholder Joseph (“Joe”) P. Rizzo.
“Twinbrook Insurance is one of the premier independent agencies in New England and fits well—both operationally and culturally—with our other Brown & Brown offices in Massachusetts and beyond,” said Donald M. McGowan, a Senior Vice President who oversees several of Brown & Brown’s retail offices in the Northeast. “We are excited about the growth opportunities we believe will result from the transaction and are pleased to welcome Joe and his team to Brown & Brown.”
Twinbrook Insurance Brokerage, Inc. and Twinbrook Insurance Agency, Inc. (known collectively as Twinbrook Insurance) was founded in 1960. The property and casualty agency operates in both Massachusetts and Florida, specializing mainly in providing customized insurance solutions to its clients in both the hospitality and aviation industries. According to the terms of the transaction, Twinbrook Insurance will join Brown & Brown’s Retail Segment as a stand-alone office within the Division. The company will continue to operate and conduct business under the leadership of Joe Rizzo in its Massachusetts office locations in Braintree, Holbrook, Hyannis, and Kingston. Brown & Brown also will maintain a Twinbrook office in Broward County Florida for the former independent agency’s Florida-based customers.
In commenting on the sale of his agency, former owner Joe Rizzo stated, “The Twinbrook team is very excited to become a part of the Brown & Brown organization. Joining one of the largest insurance brokerage firms in the United States is a true honor.”