Brown & Brown buys Rogers' BeneTec.(insurance company mergers)(Brief Article)

Arkansas Business | June 13, 2005| | Copyright

Brown & Brown Inc. of Daytona Beach, Fla., is buying BeneTec Inc. of Rogers for an undisclosed amount.

BeneTec will continue to operate its Rogers location as a subsidiary of Brown & Brown. The company was founded in 1998 in Rogers by Cindy and Bob Borden.

Publicly traded Brown & Brown offers insurance services such as reinsurance, risk management, third-party administration and managed health care programs. It was ranked by Business Insurance magazine as the eighth-largest independent insurance intermediary nationwide.

BeneTec's annual revenue ...

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