Brown & Brown of Massachusetts, a subsidiary of Florida-based Brown & Brown Inc., has acquired substantially all of the assets of Claim Technologies (CTI).
Founded in 1990 by Don Brandt, CTI uses its proprietary software to offer a wide variety of benefit plan audits to governmental and private employers throughout the United States. Following the acquisition, the CTI team will continue operating from its existing Des Moines, Iowa, office under the leadership of Randy Brandt. The CTI business will operate within Brown & Brown’s Retail segment and report to Mark Abate, who oversees certain Brown & Brown employee benefits and pharmacy consulting businesses.
