Brown & Brown Purchases Reed Brothers

J. Scott Penny, regional executive vice president of Brown & Brown Inc., and Michael Neal, chairman, and Daniel Antle, president, of Reed Brothers Insurance Group Inc., of Columbia, Kentucky and Tampa, Florida, announced the asset acquisition of Reed Brothers Insurance Group Inc. by a subsidiary of Brown & Brown Inc.

Reed Brothers Insurance Group, with annual revenues of approximately $2.1 million, specializes in offering property and casualty and group employee benefits insurance products and services to clients in the Recreational Vehicle (RV) and Power Sport Dealership industries and the Manufactured Housing industry throughout the United States.

Additionally, the agency offers life, long-term care and Medicare supplemental insurance coverage through its affinity relationships with several national RV Dealership, Power Sport Dealership and Manufactured Housing industry associations. The agency's Tampa, Florida office specializes in individual personal lines products and services for owners and operators of RV and Power Sport dealerships and Manufactured Housing businesses across the country.

Mike Neal and his staff will operate as a free-standing profit center under the "Reed Brothers Insurance" name from their current locations in Columbia, Kentucky and Tampa.