{"id":13701,"date":"2020-03-16T06:45:00","date_gmt":"2020-03-16T06:45:00","guid":{"rendered":"https:\/\/www.bbinsurance.com\/news\/peachtree-special-risk-brokers-llc-announces-the-asset-acquisition-of-rla-insurance-intermediaries-llc\/"},"modified":"2020-03-16T06:45:00","modified_gmt":"2020-03-16T06:45:00","slug":"peachtree-special-risk-brokers-llc-announces-the-asset-acquisition-of-rla-insurance-intermediaries-llc","status":"publish","type":"insight","link":"https:\/\/www.bbrown.com\/us\/insight\/peachtree-special-risk-brokers-llc-announces-the-asset-acquisition-of-rla-insurance-intermediaries-llc\/","title":{"rendered":"PEACHTREE SPECIAL RISK BROKERS, LLC ANNOUNCES THE ASSET ACQUISITION OF RLA INSURANCE INTERMEDIARIES, LLC"},"content":{"rendered":"

Click to read the official press release on investor.bbinsurance.com<\/em><\/a><\/p>\n

DAYTONA BEACH, Fla., March 16, 2020 (GLOBE NEWSWIRE) — J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and Jeffrey \u201cJeff\u201d L. Hays, Daniel \u201cDan\u201d O\u2019Connell, Chris D. Skaletsky, the members of RLA Insurance Intermediaries, LLC, today announced that Peachtree Special Risk Brokers, LLC, a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of RLA Insurance Intermediaries.<\/p>\n

RLA Insurance Intermediaries was founded in 2010 by Jeff Hays and Chris Skaletsky as a wholesale insurance broker serving retail insurance agents.\u00a0 Leveraging their strong technical skills, market knowledge, and personal relationships, the firm specializes in offering professional lines, property and casualty, and healthcare coverages to meet the needs of businesses throughout the United States. \u00a0Following the acquisition, the RLA Insurance Intermediaries team will continue doing business from their existing headquarters in Boston, Massachusetts and other locations in West Palm Beach, Florida; Brentwood, Tennessee; Potomac Falls, Virginia; and Manassas, Virginia.\u00a0 The offices will continue under the leadership of Jeff Hays and will form a new stand-alone operation within Brown & Brown\u2019s Wholesale Brokerage Segment.\u00a0 \u00a0\u00a0<\/p>\n

Kathy Colangelo, a Senior Vice President overseeing certain offices in Brown & Brown\u2019s Wholesale Brokerage Segment, stated, \u201cSince its inception in 2010, RLA Insurance Intermediaries has grown rapidly into a premier wholesale broker.\u00a0 In addition to adding a number of high-quality teammates to our organization, this transaction expands the Wholesale Brokerage Segment\u2019s footprint geographically and likewise enables us to expand the depth and breadth of products and services we can offer our customers.\u201d<\/p>\n

Jeff Hays stated, \u201cThis transaction with Peachtree provides a platform for our team of brokers to lever their many strengths, which include inexhaustible work ethic, extraordinary market knowledge, and relationship-based client management.\u00a0 We could not be more excited for the exponential growth opportunities ahead and even greater customer satisfaction in our results.\u201d<\/p>\n

Brown & Brown, Inc. is a leading insurance brokerage firm, providing risk management solutions to individuals and businesses. With more than 80 years of proven success and thousands of teammates, we offer knowledge you can trust and strive to deliver superior customer service. For more information, please visit bbinsurance.com<\/a>.<\/p>\n

This press release may contain certain statements relating to future results which are forward-looking statements, including those associated with this acquisition. These statements are not historical facts, but instead represent only Brown & Brown\u2019s current belief regarding future events, many of which, by their nature, are inherently uncertain and outside of Brown & Brown\u2019s control. It is possible that Brown & Brown\u2019s actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in these forward-looking statements. Further information concerning Brown & Brown and its business, including factors that potentially could materially affect Brown & Brown\u2019s financial results and condition, as well as its other achievements, is contained in Brown & Brown\u2019s filings with the Securities and Exchange Commission. Such factors include those factors relevant to Brown & Brown\u2019s consummation and integration of the announced acquisition, including any matters analyzed in the due diligence process, and material adverse changes in the business and financial condition of the seller, the buyer, or both, and their respective customers. All forward-looking statements made herein are made only as of the date of this release, and Brown & Brown does not undertake any obligation to publicly update or correct any forward-looking statements to reflect events or circumstances that subsequently occur or of which Brown & Brown hereafter becomes aware.<\/p>\n

R. Andrew Watts
Chief Financial Officer
(386) 239-5770<\/p>\n

\"BB001<\/a><\/p>\n<\/p>\n

\nSource: Brown & Brown, Inc.<\/p>\n","protected":false},"excerpt":{"rendered":"

DAYTONA BEACH, Fla. , March 16, 2020 (GLOBE NEWSWIRE) — J. Scott Penny , Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and Jeffrey \u201cJeff\u201d L. Hays , Daniel \u201cDan\u201d O\u2019Connell, Chris D. Skaletsky , the members of RLA Insurance Intermediaries, LLC , today announced that Peachtree Special<\/p>\n","protected":false},"author":30,"featured_media":18631,"template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"insight_category":[127,141,134],"class_list":["post-13701","insight","type-insight","status-publish","has-post-thumbnail","hentry","insight_category-company-news","insight_category-investor-relations","insight_category-mergers-acquisitions"],"acf":[],"yoast_head":"\nPEACHTREE SPECIAL RISK BROKERS, LLC ANNOUNCES THE ASSET ACQUISITION OF RLA INSURANCE INTERMEDIARIES, LLC - Brown & Brown<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bbrown.com\/us\/insight\/peachtree-special-risk-brokers-llc-announces-the-asset-acquisition-of-rla-insurance-intermediaries-llc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PEACHTREE SPECIAL RISK BROKERS, LLC ANNOUNCES THE ASSET ACQUISITION OF RLA INSURANCE INTERMEDIARIES, LLC\" \/>\n<meta property=\"og:description\" content=\"DAYTONA BEACH, Fla. , March 16, 2020 (GLOBE NEWSWIRE) -- J. Scott Penny , Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and Jeffrey \u201cJeff\u201d L. Hays , Daniel \u201cDan\u201d O\u2019Connell, Chris D. Skaletsky , the members of RLA Insurance Intermediaries, LLC , today announced that Peachtree Special\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bbrown.com\/us\/insight\/peachtree-special-risk-brokers-llc-announces-the-asset-acquisition-of-rla-insurance-intermediaries-llc\/\" \/>\n<meta property=\"og:site_name\" content=\"Brown & Brown\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bbrown.com\/wp-content\/uploads\/2019\/02\/investor-news-image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1425\" \/>\n\t<meta property=\"og:image:height\" content=\"836\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.bbrown.com\/us\/insight\/peachtree-special-risk-brokers-llc-announces-the-asset-acquisition-of-rla-insurance-intermediaries-llc\/\",\"url\":\"https:\/\/www.bbrown.com\/us\/insight\/peachtree-special-risk-brokers-llc-announces-the-asset-acquisition-of-rla-insurance-intermediaries-llc\/\",\"name\":\"PEACHTREE SPECIAL RISK BROKERS, LLC ANNOUNCES THE ASSET ACQUISITION OF RLA INSURANCE INTERMEDIARIES, LLC - Brown & Brown\",\"isPartOf\":{\"@id\":\"https:\/\/www.bbrown.com\/us\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.bbrown.com\/us\/insight\/peachtree-special-risk-brokers-llc-announces-the-asset-acquisition-of-rla-insurance-intermediaries-llc\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.bbrown.com\/us\/insight\/peachtree-special-risk-brokers-llc-announces-the-asset-acquisition-of-rla-insurance-intermediaries-llc\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.bbrown.com\/wp-content\/uploads\/2019\/02\/investor-news-image.jpg\",\"datePublished\":\"2020-03-16T06:45:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.bbrown.com\/us\/insight\/peachtree-special-risk-brokers-llc-announces-the-asset-acquisition-of-rla-insurance-intermediaries-llc\/#breadcrumb\"},\"inLanguage\":\"us\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.bbrown.com\/us\/insight\/peachtree-special-risk-brokers-llc-announces-the-asset-acquisition-of-rla-insurance-intermediaries-llc\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"us\",\"@id\":\"https:\/\/www.bbrown.com\/us\/insight\/peachtree-special-risk-brokers-llc-announces-the-asset-acquisition-of-rla-insurance-intermediaries-llc\/#primaryimage\",\"url\":\"https:\/\/www.bbrown.com\/wp-content\/uploads\/2019\/02\/investor-news-image.jpg\",\"contentUrl\":\"https:\/\/www.bbrown.com\/wp-content\/uploads\/2019\/02\/investor-news-image.jpg\",\"width\":1425,\"height\":836,\"caption\":\"Investor Relations Featured Image\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.bbrown.com\/us\/insight\/peachtree-special-risk-brokers-llc-announces-the-asset-acquisition-of-rla-insurance-intermediaries-llc\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.bbrown.com\/us\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Insights\",\"item\":\"https:\/\/www.bbrown.com\/us\/news-events\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"PEACHTREE SPECIAL RISK BROKERS, LLC ANNOUNCES THE ASSET ACQUISITION OF RLA INSURANCE INTERMEDIARIES, LLC\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.bbrown.com\/us\/#website\",\"url\":\"https:\/\/www.bbrown.com\/us\/\",\"name\":\"Brown & Brown\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.bbrown.com\/us\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.bbrown.com\/us\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"us\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.bbrown.com\/us\/#organization\",\"name\":\"Brown & Brown\",\"url\":\"https:\/\/www.bbrown.com\/us\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"us\",\"@id\":\"https:\/\/www.bbrown.com\/us\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.bbrown.com\/wp-content\/uploads\/2021\/12\/cropped-BBRetail002-RGBrevs.png\",\"contentUrl\":\"https:\/\/www.bbrown.com\/wp-content\/uploads\/2021\/12\/cropped-BBRetail002-RGBrevs.png\",\"width\":1000,\"height\":136,\"caption\":\"Brown & Brown\"},\"image\":{\"@id\":\"https:\/\/www.bbrown.com\/us\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"PEACHTREE SPECIAL RISK BROKERS, LLC ANNOUNCES THE ASSET ACQUISITION OF RLA INSURANCE INTERMEDIARIES, LLC - Brown & Brown","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bbrown.com\/us\/insight\/peachtree-special-risk-brokers-llc-announces-the-asset-acquisition-of-rla-insurance-intermediaries-llc\/","og_locale":"en_US","og_type":"article","og_title":"PEACHTREE SPECIAL RISK BROKERS, LLC ANNOUNCES THE ASSET ACQUISITION OF RLA INSURANCE INTERMEDIARIES, LLC","og_description":"DAYTONA BEACH, Fla. , March 16, 2020 (GLOBE NEWSWIRE) -- J. Scott Penny , Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and Jeffrey \u201cJeff\u201d L. Hays , Daniel \u201cDan\u201d O\u2019Connell, Chris D. Skaletsky , the members of RLA Insurance Intermediaries, LLC , today announced that Peachtree Special","og_url":"https:\/\/www.bbrown.com\/us\/insight\/peachtree-special-risk-brokers-llc-announces-the-asset-acquisition-of-rla-insurance-intermediaries-llc\/","og_site_name":"Brown & Brown","og_image":[{"width":1425,"height":836,"url":"https:\/\/www.bbrown.com\/wp-content\/uploads\/2019\/02\/investor-news-image.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.bbrown.com\/us\/insight\/peachtree-special-risk-brokers-llc-announces-the-asset-acquisition-of-rla-insurance-intermediaries-llc\/","url":"https:\/\/www.bbrown.com\/us\/insight\/peachtree-special-risk-brokers-llc-announces-the-asset-acquisition-of-rla-insurance-intermediaries-llc\/","name":"PEACHTREE SPECIAL RISK BROKERS, LLC ANNOUNCES THE ASSET ACQUISITION OF RLA INSURANCE INTERMEDIARIES, LLC - Brown & Brown","isPartOf":{"@id":"https:\/\/www.bbrown.com\/us\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bbrown.com\/us\/insight\/peachtree-special-risk-brokers-llc-announces-the-asset-acquisition-of-rla-insurance-intermediaries-llc\/#primaryimage"},"image":{"@id":"https:\/\/www.bbrown.com\/us\/insight\/peachtree-special-risk-brokers-llc-announces-the-asset-acquisition-of-rla-insurance-intermediaries-llc\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bbrown.com\/wp-content\/uploads\/2019\/02\/investor-news-image.jpg","datePublished":"2020-03-16T06:45:00+00:00","breadcrumb":{"@id":"https:\/\/www.bbrown.com\/us\/insight\/peachtree-special-risk-brokers-llc-announces-the-asset-acquisition-of-rla-insurance-intermediaries-llc\/#breadcrumb"},"inLanguage":"us","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bbrown.com\/us\/insight\/peachtree-special-risk-brokers-llc-announces-the-asset-acquisition-of-rla-insurance-intermediaries-llc\/"]}]},{"@type":"ImageObject","inLanguage":"us","@id":"https:\/\/www.bbrown.com\/us\/insight\/peachtree-special-risk-brokers-llc-announces-the-asset-acquisition-of-rla-insurance-intermediaries-llc\/#primaryimage","url":"https:\/\/www.bbrown.com\/wp-content\/uploads\/2019\/02\/investor-news-image.jpg","contentUrl":"https:\/\/www.bbrown.com\/wp-content\/uploads\/2019\/02\/investor-news-image.jpg","width":1425,"height":836,"caption":"Investor Relations Featured Image"},{"@type":"BreadcrumbList","@id":"https:\/\/www.bbrown.com\/us\/insight\/peachtree-special-risk-brokers-llc-announces-the-asset-acquisition-of-rla-insurance-intermediaries-llc\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.bbrown.com\/us\/"},{"@type":"ListItem","position":2,"name":"Insights","item":"https:\/\/www.bbrown.com\/us\/news-events\/"},{"@type":"ListItem","position":3,"name":"PEACHTREE SPECIAL RISK BROKERS, LLC ANNOUNCES THE ASSET ACQUISITION OF RLA INSURANCE INTERMEDIARIES, LLC"}]},{"@type":"WebSite","@id":"https:\/\/www.bbrown.com\/us\/#website","url":"https:\/\/www.bbrown.com\/us\/","name":"Brown & Brown","description":"","publisher":{"@id":"https:\/\/www.bbrown.com\/us\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bbrown.com\/us\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"us"},{"@type":"Organization","@id":"https:\/\/www.bbrown.com\/us\/#organization","name":"Brown & Brown","url":"https:\/\/www.bbrown.com\/us\/","logo":{"@type":"ImageObject","inLanguage":"us","@id":"https:\/\/www.bbrown.com\/us\/#\/schema\/logo\/image\/","url":"https:\/\/www.bbrown.com\/wp-content\/uploads\/2021\/12\/cropped-BBRetail002-RGBrevs.png","contentUrl":"https:\/\/www.bbrown.com\/wp-content\/uploads\/2021\/12\/cropped-BBRetail002-RGBrevs.png","width":1000,"height":136,"caption":"Brown & Brown"},"image":{"@id":"https:\/\/www.bbrown.com\/us\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/www.bbrown.com\/us\/wp-json\/wp\/v2\/insight\/13701","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bbrown.com\/us\/wp-json\/wp\/v2\/insight"}],"about":[{"href":"https:\/\/www.bbrown.com\/us\/wp-json\/wp\/v2\/types\/insight"}],"author":[{"embeddable":true,"href":"https:\/\/www.bbrown.com\/us\/wp-json\/wp\/v2\/users\/30"}],"version-history":[{"count":0,"href":"https:\/\/www.bbrown.com\/us\/wp-json\/wp\/v2\/insight\/13701\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bbrown.com\/us\/wp-json\/wp\/v2\/media\/18631"}],"wp:attachment":[{"href":"https:\/\/www.bbrown.com\/us\/wp-json\/wp\/v2\/media?parent=13701"}],"wp:term":[{"taxonomy":"insight_category","embeddable":true,"href":"https:\/\/www.bbrown.com\/us\/wp-json\/wp\/v2\/insight_category?post=13701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}