SANTA ROSA, Calif.--(BUSINESS WIRE)--
Brown & Brown Insurance Services of California, Inc., d/b/aSitzmann Morris & Lavis Insurance Agency (“SML”) today announced that it
has acquired substantially all of the assets of D. Bezona & Company
Insurance Services, Inc. in Santa Rosa, California.
Founded in 1989 by Deborah A. Bezona, D. Bezona & Company Insurance
Services provides a wide variety of employee benefits products and
services to clients in Sonoma County and throughout northern California.
The company has annual revenues of approximately $450,000.00. As part of
the transaction, Deborah Bezona and team will join SML’s office located
in Santa Rosa, California.
Matthew Sitzmann, Executive Vice President of SML, stated, “Deborah and
her team have built an outstanding reputation in northern California.
They’re active industry leaders and have served as tremendous advocates
for their clients over the years. We feel the partnership will carry on
a long tradition of outstanding client relations and service. I’m
thrilled to have them as part of our team.”
Deborah Bezona, President and founder of D. Bezona & Company Insurance
Services, stated, “We are very excited to be partnering with SML. We
look forward to utilizing its enhanced technology platforms and
expansive service support system to improve our clients’ overall
Brown & Brown Insurance Services of California, Inc. is a subsidiary of
Brown & Brown, Inc. (NYSE:BRO).
Brown & Brown, Inc., through its subsidiaries, offers a broad range of
insurance and reinsurance products and related services. Additionally,
certain Brown & Brown subsidiaries offer a variety of risk management,
third-party administration, and other services. Serving business, public
entity, individual, trade and professional association clients
nationwide, Brown & Brown is ranked by Business Insurance
magazine as the United States’ seventh largest independent insurance
intermediary. Brown & Brown’s Web address is www.bbinsurance.com.
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’s current belief regarding future
events, many of which, by their nature, are inherently uncertain and
outside of Brown & Brown’s control. It is possible that Brown & Brown’s
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’s financial results and condition, as well as its
other achievements, is contained in Brown & Brown’s filings with the
Securities and Exchange Commission. Some factors include those factors
relevant to Brown & Brown’s 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.
Brown & Brownfor SMLCory T. Walker, 386-239-7250Chief
Source: Sitzmann Morris & Lavis Insurance Agency