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Brown & Brown acquires Alpha Benefits Group



By AP
11 June 2008 @ 06:04 pm EST

NEW YORK - Insurance firm Brown & Brown Inc. on Wednesday said it acquired Alpha Benefits Group, a provider of insurance products and services.

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Financial terms were undisclosed.

Alpha Benefits has revenue of about $5 million annually and offers products to clients in Pennsylvania, New Jersey and Delaware.

Brown & Brown provides insurance and reinsurance products and services, as well as risk management, third-party administration, managed health care, and Medicare set-aside services and programs.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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