Brown & Brown has expanded its product offerings in the earthquake and hurricane insurance market through the acquisition of TriCoast Insurance Services by one of its subsidairies.
Arrowhead General Insurance Agency acquired agent TriCoast Insurance – which offers agents and insureds access to earthquake and hurricane insurance products and boasts an annual net revenue of about $2.4 million.
Steve Bouker, Executive Vice President of Arrowhead, stated; “Craig’s extensive experience in the earthquake and hurricane insurance space was invaluable in the development and marketing of new products.
“We look forward to further expanding our product offerings and Craig’s continued partnership with Arrowhead.”
TriCoast Insurance Services principal, Craig Justice, will continue to partner with Arrowhead, operating under Bouker’s direction.
Commented on the acquisition, Justice said; “Arrowhead’s backing and support allowed me to leverage my contacts and experience to deliver high quality products and services to agents and insureds.
“I look forward to my continuing relationship with Arrowhead and new opportunities for my valued clients.”
