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7 June 2024 Insurance

Brown & Brown buys Minnesota firm active in all 50 states

Insurance brokerage Brown & Brown has expanded its US commercial and personal lines footprint with the acquisition of a Minnesota-based insurer active in all 50 states.

Brown & Brown has acquired the assets of McNamara Company.

McNamara Company was established in 1970 in Minnesota and provides insurance solutions for businesses, families and individuals in all 50 states.

Its team will join Brown & Brown's office in Phoenix and report to Scott Jones, leader of the Phoenix team.

John Esposito, senior vice president, retail segment, said: “We are thrilled that Pat, Aleshia and the McNamara team are joining Brown & Brown. The team brings experience across commercial and personal lines with a focus on franchise owners and operators. We are looking forward to combining our capabilities in our Phoenix office.”

Patrick and Aleshia McNamara said: “We are excited to bring our talent together to continue delivering superior service and robust insurance solutions to all our customers.”

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