Insurance agency Brown & Brown announced that its dealer services division has acquired the assets of DealerMax.
DealerMax, founded in 1982 by Jim Maxim, Sr. as Maxim Automotive, serves car dealer customers in Pennsylvania and throughout the Northeast offering finance and insurance (F&I) training and product offerings.
The DealerMax team will join Brown & Brown Dealer Services and continue to operate from Berwyn, Pennsylvania.
The team will report to Robert Hunter, president of Automotive F&I. Co-owner Jim Maxim, Jr. will remain with the his company during the transition period.
Brown & Brown (NYSE: BRO) is a Florida-based global insurance brokerage firm.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
North Carolina Becomes First State to Pass Outright Ban on Litigation Financing 
Florida’s Unemployment Rate Is Surging Even as High-Profile Companies Move In 
Endless Shrimp Deal Was Scheme to Squeeze Red Lobster, Suit Says 
Intersecting Risks and the Future of Construction Insurance 
