Brown & Brown, a provider of insurance and reinsurance products and services, has announced the asset acquisition of Taylor Benefit Services and Neonatal Consultation Services by its subsidiary.
Taylor Benefit Services provides solutions and consulting services for controlling catastrophic financial risks to health plans across the US. In addition to Taylor Benefit Services’s health maintenance organization reinsurance and managed transplant programs, Neonatal Consultation Services has developed a proprietary website that can be used as a one-stop resource for case managing high-risk infants, according to Brown & Brown.
Jim Henderson, vice chairman and COO of Brown & Brown, said: 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.
Ronald Taylor, president and CEO of Taylor Benefit Services, 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.