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Brown & Brown Subsidiary Acquires Assets Of Commonwealth Insurance Group

IBR Staff Writer Published 01 July 2010

Brown & Brown of South Carolina, a subsidiary of Brown & Brown, has acquired the assets of Commonwealth Insurance Group, a provider of commercial property and casualty, group employee benefits, and workplace safety and wellness products and services.

Commonwealth Insurance Group was founded in 1996 by Todd Tyler, which provides insurance products and services specifically in South Carolina. The agency's proprietary risk and benefit management process, RECON 365, assists clients in assessing their current situation and evaluating their future needs.

In coordination with Brown & Brown of South Carolina's vice president, Richard Hawkins, Brown & Brown of South Carolina's existing Charleston office will move into and combine with Commonwealth Insurance Group's existing office in North Charleston, under the leadership of Mr Tyler.

Linda Downs, senior EVP of Brown & Brown of South Carolina, said: “Todd, Matthew and Chris have built one of the premier insurance organizations in the Palmetto State. We are very excited to bring our two Charleston teams together.

“This combination will bring to our clients, particularly contractors, the benefit of Commonwealth's expertise, while offering Commonwealth's customers a broader range of insurance market alternatives.”