InsuranceKing Insurance acquires Brad Burns Insurance, Inc.

PRNewswire PRNewswireAugust 19, 20223 min

King Insurance (“King” or the “Company”), a fast-growing full-service insurance brokerage firm that provides a variety of property & casualty as well as employee benefits solutions, announced today the acquisition of Brad Burns Insurance, Inc. (“BBI”).

Founded in Tallahassee, FL in 2007, BBI is a commercial insurance agency, with a focus on commercial P&C and employee benefits. BBI has ten employees, including the owning partners, Brad BurnsCraig Mugglin and John Hohman. The BBI team will continue to operate out of the Tallahassee location.

“The acquisition of BBI extends our service offerings in northern Florida, and further enhances our commercial and employee benefits practice” said Chad King, Chief Executive Officer of King Insurance.

“The entire Brad Burns team is excited to partner with King Insurance and realize the synergies between our firms.  This will allow us to accelerate our growth and compete at a higher level.  We couldn’t be happier to be a part of the King team”, said BBI founder, Brad Burns.

This acquisition marks King’s fourteenth acquisition over the past year, during the Company’s partnership with BHMS Investments, LP. The Company plans to continue to broaden its footprint across the eastern U.S. and expects to announce a number of important acquisitions in the upcoming months.

For more such Updates Log on to Follow us on Google News Fintech News



Leave a Reply

Your email address will not be published. Required fields are marked *

We are one of the world’s leading Fintech-based media publication with our content strategized and synthesized to fit right into the expanding ecosystem of Finance professionals. Be it fintech live news, finance press releases, tech articles from Fintech evangelists or interviews from top leaders from global fintech firms, we give the best slice of knowledge topped up with the aptest trends. Our sole mission is to help tech and finance professionals step up with the rapidly emerging Fintech civilization and gain better insights to emerge victorious in every possible way. We adopt a 360-degree approach in order to cater to present a holistic picture of the fintech arena.

Our Publications

FintecBuzz, 2023 © All Rights Reserved