Brown & Brown's subsidiary has acquired of all the assets of Medical Settlement Protocols, a provider of medicare set-aside services.
Protocols, with annual revenues of approximately $4m, provides services including medicare secondary payer statute compliance-related services, medicare cost allocation projections, claims resolution services, custodial account administration and consulting services, primarily in the area of workers’ compensation and personal injury claims.
Sam Boone, Jr., regional executive vice president of Brown & Brown, said: Protocols is a recognized leader and pioneer in the Medicare compliance industry. We are pleased that Robert and the other talented members of the Protocols team are joining Brown & Brown to help us increase our presence and depth in this space.
Robert Sagrillo, principal of Medical Settlement Protocols, said: Everyone at Protocols is excited and honored to become part of the Brown & Brown family of companies. We are looking forward to the opportunities that lie ahead.
Brown & Brown and its subsidiaries offer insurance and reinsurance products and services, as well as risk management, third party administration, managed health care and medicare set-aside services and programs.