Brown & Brown Inc. said Monday it has acquired Houston-based Harco Insurance Services and Lone Star Affiliates, which does business as Harco Financial Services.
The retail broking companies, known collectively as Harco, serve businesses and individuals throughout Texas.
Terms of the deal were not disclosed.
With roots dating back to 1969, HARCO is a full-service, independent retail insurance agency serving businesses and individuals throughout Texas. Following the acquisition, the HARCO team – about 25 employees – will continue operating from its existing Houston office as a branch location of Brown & Brown’s Houston retail operations. The combined offices will operate under the leadership of Ryan Beavers, executive vice president of Brown & Brown Lone Star Insurance Services Inc.
