Brown & Brown has acquired certain assets of John D. Moten d/b/a Moten Associates for an undisclosed amount.
Jim and Janet Toennies and their employee will join Brown & Brown of Pennsylvania offices in Plymouth Meeting, Pennsylvania, under the leadership of Heller, as per the agreement between both firms.
Penny, who is responsible for Brown & Brown of Pennsylvania’s retail operations, said Moten Associates has long-standing roots in the Delaware Valley region.
"The addition of Jim, Janet, and their team brings added depth and quality to the insurance products and services we can offer our existing and new clients, Penny said.
Brown & Brown, through its subsidiaries, provides a broad range of insurance and reinsurance products and related services across the US.
Moten Associates, which offers surety bonds and a wide range of property & casualty insurance products, has nearly $1.1m as combined annual revenues.