The consolidation of the independents insurance agency system continues
Brown & Brown of Massachusetts has announced another acquisition in Massachusetts. The insurance brokerage firm, which is a subsidiary of Brown & Brown, has acquired all the assets of the Quincy-based Amity Insurance Agency.
This transaction allows us to add a number of high-quality leaders and teammates to our growing New England operations,” said Donald M. McGowan, a Regional President in Brown & Brown’s Retail Segment, in commenting on his company’s latest acquisition. “Amity has a reputation for combining creativity and expertise to meet the risk management needs of its customers, and we are excited they’ve chosen to take their next step with us.”
Founded in 1978, Amity Insurance Agency is a local, independent insurance agency offering both personal and commercial lines insurance throughout New England, with a special focus on providing risk management solutions in the legal, parking, transportation, and construction industries. The agency is led by Justin Kesner, President & Treasurer – Director of LPL and Jonathan Lanza, Vice President & Secretary – Director of Risk Management, who are both shareholders in the company.
Per the terms of the transaction, the Amity team will continue operating from their existing office in Quincy, Massachusetts, under the direction of Mr. Kesner.
“Brown & Brown is a team of long-term strategists. Alignment in long-term thinking is hard to find in a partner, and we were excited to learn we share this view,” said Justin Kesner. “We believe Brown & Brown’s deep resources, technology, collaboration, and operational experience can greatly accelerate Amity’s growth and our ability to service our current and future clients. To join Brown & Brown’s premier network is an extraordinary opportunity for our teammates and clients, and we’re thrilled.”
Jonathan Lanza added, “We share Brown & Brown’s commitment to superior customer service, quality insurance products, innovation, and integrity. We are very pleased about what this opportunity means for our team and our clients. With Brown & Brown, we will continue to provide Amity’s personal customer service and expertise while providing our commercial and individual clients with an even broader range of property and casualty and professional liability insurance protection, as well as robust employee benefits products and services.”
A listing of Brown & Brown acquisitions in Massachusetts since 2018
With this latest acquisition, Brown & Brown of Massachusetts has acquired six Massachusetts-based independent insurance agencies since November 2018.The following is a listing along with links to the other Brown & Brown acquisitions:
- Brown & Brown of Massachusetts Acquires Poole Professional Cos. – November 2019
- Brown & Brown of Massachusetts Acquires Boston’s Yozell Associates – August 2019
- Twinbrook Acquired By Brown & Brown of Massachusetts – June 2019
- Rodman Insurance Agency Acquired By Brown & Brown – November 2018
- Brown & Brown of Kentucky, Inc. Acquires Massachusetts’ Finance & Insurance Resources — September 2018