Brown & Brown Inc. has entered into an agreement to acquire the general insurance operating companies of BdB. The transaction is expected to close in the second quarter of 2022, subject to certain closing conditions.
Formed in 1993, BdB Limited has grown to be a preeminent specialist wholesale broker providing access to specialty insurance products for insurance professionals in both the UK and the European markets. Today, the BdB Limited companies include BdB (UK) Limited, BdB Limited, BdB Europe SRL, Mithras Underwriting Limited, Mithras Underwriting Europe SRL and Mithras Underwriting Italia SRL to ensure continued access to the European single market, the company said.
