Brown & brown, inc. enters into agreement to acquire new england excess exchange

Daytona beach, fla., july 24, 2023 (globe newswire) -- j. scott penny, chief acquisitions officer of brown & brown, inc. (nyse:bro), and ralf h. “goober” schaarschmidt ii and todd wood, the owners of new england excess exchange (“neee”), today announced that bridge specialty group has entered into an agreement to acquire the assets of neee. the transaction is expected to close in august 2023, subject to certain closing conditions.
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