Brown & Brown Insurance will be acquiring Orchid Underwriters Agency and CrossCover Insurance Services.
Established in 1998, Orchid has grown to become a leading program administrator by representing best-in-class insurance and reinsurance providers and partnering with qualified independent retail brokers and select wholesale brokers, its new parent company said. Orchid delivers proprietary and customized insurance solutions for homeowners in coastal zones and for high net-worth customers.
Building on that experience, the Orchid management team partnered with industry veteran, Scott Hanson, to establish CrossCover which provides E&S commercial property solutions for customers across the U.S.
Orchid will continue to operate under the leadership of Steve Carlsen, Kathy Cody and Ross Bowie from offices in Vero Beach and Tampa, Fla. CrossCover will continue to operate under the direction of Scott Hanson from offices in Cypress, Texas. Orchid and CrossCover will report to Chris Walker, president of National Programs.