Brown & Brown Announces the Asset Acquisition of First Resource by Brown & Brown Dealer Services

7/9/20

DAYTONA BEACH, Fla., July 09, 2020 (GLOBE NEWSWIRE) -- J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and James Nelson and Lynn Meyer, the owners of First Resource, Inc., today announced that Brown & Brown Dealer Services has acquired substantially all of the assets of First Resource.

Since 2004, First Resource has been assisting its dealer partners to better serve their valued clientele by providing strategies around F&I performance management, sales training and F&I product solutions. James and Lynn will continue to lead the First Resource operation from New Braunfels, Texas. First Resource will become part of Brown & Brown Dealer Services, which operates under the leadership of Mike Neal.

Mike stated, “James and Lynn have been involved in the auto F&I industry for over 25 years. James, Lynn and the First Resource team bring valuable depth and experience to our BBDS operation. First Resource, working with Tony Fincannon, will continue serving our dealer partners in the great state of Texas and throughout the southwest.”

Brown & Brown, Inc. is a leading insurance brokerage firm, providing risk management solutions to individuals and businesses. With Brown & Brown’s 80 years of proven success and thousands of teammates, we offer knowledge you can trust and strive to deliver superior customer service. For more information, please visit bbinsurance.com.

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