J. Scott Penny, chief acquisitions officer of Brown & Brown Inc., and Mark N. Otto, the owner of Tire Shield Inc., announced that Brown & Brown Dealer Services (BBDS) has acquired the assets of Tire Shield.
Founded in 1997, Tire Shield offers administrative services for dealers and agents providing tire and wheel road hazard products and GAP waiver products for the RV, automotive and powersports industries. The Tire Shield team will join Brown & Brown Dealer Services and continue to operate from their offices in Las Vegas, Nevada. The team will report to William Kelly, president of BBDS’s administrative services.
Mike Neal, president of BBDS, stated, “We are excited to welcome the Tire Shield team and their valued customers to Brown & Brown Dealer Services. The addition of Tire Shield allows us to broaden our offerings to include GAP waiver administration services in addition to our vehicle service contract administration services. We look forward to continuing to service and grow these businesses.”
Otto said, “We are thrilled to be joining the BBDS team. This marks a new chapter for us, enabling broader capabilities and opportunities to serve our customers. Together, we look forward to accelerating innovation and delivering even greater value.”
Brown & Brown Inc. is a leading insurance brokerage firm delivering comprehensive and customized insurance solutions and specialization since 1939. With a global presence spanning 700-plus locations and a team of more than 23,000 professionals, the company said it is dedicated to delivering scalable, innovative strategies for its customers at every step of their growth journey.
Learn more at bbrown.com.
