Tuesday, July 1, 2008

Brown & Brown Purchases Taylor Benefit Services

Jim Henderson, vice chairman and COO of Brown & Brown Inc., and Ronald Taylor, president and CEO of Taylor Benefit Services Inc., of Atlanta, Georgia, announced the asset acquisition of Taylor Benefit Services and Neonatal Consultation Services Inc. by a subsidiary of Brown & Brown Inc.

Taylor Benefit Services provides solutions and consulting services for controlling catastrophic financial risks to health plans across the country. In addition to Taylor Benefit Services' HMO reinsurance and managed transplant programs, Neonatal Consultation Services has developed a proprietary Web site that can be used as a one-stop resource for case managing high-risk infants.

"We believe the addition of Ron Taylor and his practice will bring us unparalleled expertise to this niche market and add some strong capabilities to help our managed care clients better predict and control their catastrophic risk. We look forward to their active participation in our ongoing growth and continued success," Henderson said.

Taylor added, "We believe joining Brown & Brown will allow us to provide an increased level of service to our customers, while providing our employees with greater opportunities for future growth and rewards."

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