Brown & Brown, a provider of insurance and reinsurance products and services, through its subsidiary, has acquired the assets of Diversified Insurance Brokerage Group.

Following the development, Kevin Mandrell and William Bill Lantrip, principals of Diversified Insurance Brokerage Group will be joining Brown & Brown’s existing Indianapolis office, under the leadership of Eric Anderson.

Scott Penny, regional executive vice president of Brown & Brown, commented: Kevin and Bill are another welcome addition to our growing team of high-caliber insurance professionals. They further strengthen our expertise and service capabilities in the employee benefits marketplace.