{"id":13726,"date":"2020-10-12T06:15:00","date_gmt":"2020-10-12T06:15:00","guid":{"rendered":"https:\/\/www.bbinsurance.com\/news\/brown-brown-inc-completes-acquisition-of-vehicle-administrative-services\/"},"modified":"2020-10-12T06:15:00","modified_gmt":"2020-10-12T06:15:00","slug":"brown-brown-inc-completes-acquisition-of-vehicle-administrative-services","status":"publish","type":"insight","link":"https:\/\/www.bbrown.com\/us\/insight\/brown-brown-inc-completes-acquisition-of-vehicle-administrative-services\/","title":{"rendered":"Brown &amp; Brown, Inc. Completes Acquisition of Vehicle Administrative Services"},"content":{"rendered":"<p><a href=\"http:\/\/investor.bbinsurance.com\/news-releases\/news-release-details\/brown-brown-inc-completes-acquisition-vehicle-administrative\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Click to read the official press release on investor.bbinsurance.com<\/em><\/a><\/p>\n<p align=\"justify\">DAYTONA BEACH, Fla., Oct. 12, 2020 (GLOBE NEWSWIRE) &#8212; Brown &amp; Brown, Inc. (NYSE:BRO) today announced the completion of the previously announced acquisition of Vehicle Administrative Services, LP, SafeRide Motor Club, Inc. and related affiliates (collectively, \u201cVAS\u201d) by Brown &amp; Brown, Inc.<\/p>\n<p align=\"justify\">Brown &amp; 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 <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=hekUuCOpp-dDny6TaM3jVrHIqVg0pZJYkhJbne6XxWb1yrs-UEPqfwzIFPCGk9akUMLG8HOwpEOvAlQ0EI-ITA==\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">bbinsurance.com<\/a>.<\/p>\n<p align=\"justify\">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 &amp; Brown\u2019s current belief regarding future events, many of which, by their nature, are inherently uncertain and outside of Brown &amp; Brown\u2019s control. It is possible that Brown &amp; 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 &amp; Brown and its business, including factors that potentially could materially affect Brown &amp; Brown\u2019s financial results and condition, as well as its other achievements, is contained in Brown &amp; Brown\u2019s filings with the Securities and Exchange Commission. Such factors include those factors relevant to Brown &amp; 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 &amp; 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 &amp; Brown hereafter becomes aware.<\/p>\n<p align=\"justify\">R. Andrew Watts<br \/>\nChief Financial Officer<br \/>\n(386) 239-7550<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/e3005ff7-a185-4113-9820-827a341a3788\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/e3005ff7-a185-4113-9820-827a341a3788\/small\/bb001-box-rgb-1000px-digital-jpg.jpg\" alt=\"BB001 Box-RGB_1000px_digital.jpg\" width=\"150\" height=\"129\" border=\"0\" \/><\/a><\/p>\n<p>Source: Brown &amp; Brown, Inc.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DAYTONA BEACH, Fla. , Oct. 12, 2020 (GLOBE NEWSWIRE) &#8212; Brown &amp; Brown, Inc. (NYSE:BRO) today announced the completion of the previously announced acquisition of Vehicle Administrative Services, LP , SafeRide Motor Club, Inc. and related affiliates (collectively, \u201cVAS\u201d) by Brown &amp; Brown, Inc.<\/p>\n","protected":false},"author":13,"featured_media":18631,"template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"insight_category":[127,141,134],"class_list":["post-13726","insight","type-insight","status-publish","has-post-thumbnail","hentry","insight_category-company-news","insight_category-investor-relations","insight_category-mergers-acquisitions"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.0 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Brown &amp; Brown, Inc. Completes Acquisition of Vehicle Administrative Services - Brown &amp; 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\/brown-brown-inc-completes-acquisition-of-vehicle-administrative-services\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Brown &amp; Brown, Inc. Completes Acquisition of Vehicle Administrative Services\" \/>\n<meta property=\"og:description\" content=\"DAYTONA BEACH, Fla. , Oct. 12, 2020 (GLOBE NEWSWIRE) -- Brown &amp; Brown, Inc. (NYSE:BRO) today announced the completion of the previously announced acquisition of Vehicle Administrative Services, LP , SafeRide Motor Club, Inc. and related affiliates (collectively, \u201cVAS\u201d) by Brown &amp; Brown, Inc.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bbrown.com\/us\/insight\/brown-brown-inc-completes-acquisition-of-vehicle-administrative-services\/\" \/>\n<meta property=\"og:site_name\" content=\"Brown &amp; 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=\"2 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\/brown-brown-inc-completes-acquisition-of-vehicle-administrative-services\/\",\"url\":\"https:\/\/www.bbrown.com\/us\/insight\/brown-brown-inc-completes-acquisition-of-vehicle-administrative-services\/\",\"name\":\"Brown &amp; Brown, Inc. Completes Acquisition of Vehicle Administrative Services - Brown &amp; Brown\",\"isPartOf\":{\"@id\":\"https:\/\/www.bbrown.com\/us\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.bbrown.com\/us\/insight\/brown-brown-inc-completes-acquisition-of-vehicle-administrative-services\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.bbrown.com\/us\/insight\/brown-brown-inc-completes-acquisition-of-vehicle-administrative-services\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.bbrown.com\/wp-content\/uploads\/2019\/02\/investor-news-image.jpg\",\"datePublished\":\"2020-10-12T06:15:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.bbrown.com\/us\/insight\/brown-brown-inc-completes-acquisition-of-vehicle-administrative-services\/#breadcrumb\"},\"inLanguage\":\"us\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.bbrown.com\/us\/insight\/brown-brown-inc-completes-acquisition-of-vehicle-administrative-services\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"us\",\"@id\":\"https:\/\/www.bbrown.com\/us\/insight\/brown-brown-inc-completes-acquisition-of-vehicle-administrative-services\/#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\/brown-brown-inc-completes-acquisition-of-vehicle-administrative-services\/#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\":\"Brown &amp; Brown, Inc. Completes Acquisition of Vehicle Administrative Services\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.bbrown.com\/us\/#website\",\"url\":\"https:\/\/www.bbrown.com\/us\/\",\"name\":\"Brown &amp; 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 &amp; 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 &amp; Brown\"},\"image\":{\"@id\":\"https:\/\/www.bbrown.com\/us\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Brown &amp; Brown, Inc. Completes Acquisition of Vehicle Administrative Services - Brown &amp; 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\/brown-brown-inc-completes-acquisition-of-vehicle-administrative-services\/","og_locale":"en_US","og_type":"article","og_title":"Brown &amp; Brown, Inc. Completes Acquisition of Vehicle Administrative Services","og_description":"DAYTONA BEACH, Fla. , Oct. 12, 2020 (GLOBE NEWSWIRE) -- Brown &amp; Brown, Inc. (NYSE:BRO) today announced the completion of the previously announced acquisition of Vehicle Administrative Services, LP , SafeRide Motor Club, Inc. and related affiliates (collectively, \u201cVAS\u201d) by Brown &amp; Brown, Inc.","og_url":"https:\/\/www.bbrown.com\/us\/insight\/brown-brown-inc-completes-acquisition-of-vehicle-administrative-services\/","og_site_name":"Brown &amp; 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":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.bbrown.com\/us\/insight\/brown-brown-inc-completes-acquisition-of-vehicle-administrative-services\/","url":"https:\/\/www.bbrown.com\/us\/insight\/brown-brown-inc-completes-acquisition-of-vehicle-administrative-services\/","name":"Brown &amp; Brown, Inc. Completes Acquisition of Vehicle Administrative Services - Brown &amp; Brown","isPartOf":{"@id":"https:\/\/www.bbrown.com\/us\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bbrown.com\/us\/insight\/brown-brown-inc-completes-acquisition-of-vehicle-administrative-services\/#primaryimage"},"image":{"@id":"https:\/\/www.bbrown.com\/us\/insight\/brown-brown-inc-completes-acquisition-of-vehicle-administrative-services\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bbrown.com\/wp-content\/uploads\/2019\/02\/investor-news-image.jpg","datePublished":"2020-10-12T06:15:00+00:00","breadcrumb":{"@id":"https:\/\/www.bbrown.com\/us\/insight\/brown-brown-inc-completes-acquisition-of-vehicle-administrative-services\/#breadcrumb"},"inLanguage":"us","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bbrown.com\/us\/insight\/brown-brown-inc-completes-acquisition-of-vehicle-administrative-services\/"]}]},{"@type":"ImageObject","inLanguage":"us","@id":"https:\/\/www.bbrown.com\/us\/insight\/brown-brown-inc-completes-acquisition-of-vehicle-administrative-services\/#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\/brown-brown-inc-completes-acquisition-of-vehicle-administrative-services\/#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":"Brown &amp; Brown, Inc. Completes Acquisition of Vehicle Administrative Services"}]},{"@type":"WebSite","@id":"https:\/\/www.bbrown.com\/us\/#website","url":"https:\/\/www.bbrown.com\/us\/","name":"Brown &amp; 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 &amp; 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 &amp; Brown"},"image":{"@id":"https:\/\/www.bbrown.com\/us\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/www.bbrown.com\/us\/wp-json\/wp\/v2\/insight\/13726","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\/13"}],"version-history":[{"count":0,"href":"https:\/\/www.bbrown.com\/us\/wp-json\/wp\/v2\/insight\/13726\/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=13726"}],"wp:term":[{"taxonomy":"insight_category","embeddable":true,"href":"https:\/\/www.bbrown.com\/us\/wp-json\/wp\/v2\/insight_category?post=13726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}