Brown & Brown, Inc. (NYSE:BRO) has completed the acquisition of assets from The Protectorate Group Insurance Agency, Inc., operating under the American Adventure Insurance brand. The transaction strengthens Brown & Brown Dealer Services' market position by integrating specialized insurance offerings for recreational and specialty vehicle dealerships, including motorhomes, boats, and motorcycles.
The acquired operation brings established relationships with over 1,500 dealership partners to Brown & Brown's portfolio. Paul Bender, founder and owner of American Adventure Insurance, will lead the integration efforts alongside his existing management team. Bender's three decades of industry experience in dealer-focused insurance solutions positions the combined entity to enhance service capabilities across the dealer services segment.
This acquisition aligns with Brown & Brown's strategic growth initiatives in specialized insurance markets. The integration enables the company to leverage American Adventure's established dealer network while applying Brown & Brown's operational infrastructure and resources to drive operational efficiency and expand service offerings.