Brown & Brown, a diversified insurance agency, brokerage and service organization, has announced the asset acquisition of Smith-Peabody-Stiles Insurance Agency, by its subsidiary.

Jim Smith, Jeri Stiles and Jim Peabody, president of Smith-Peabody-Stiles Insurance Agency, will continue to serve their clients from their Fenton and Brighton, Michigan locations as freestanding Brown & Brown operations.

Scott Penny, regional executive vice president of Brown & Brown, said: We are extremely pleased to have this highly respected and knowledgeable team of insurance professionals join our expanding presence in Michigan. They strengthen our expertise and scope of operations in serving the insurance needs of clients throughout the region and become another positive force in driving our company’s growth and development.