Brown & Brown Acquires Digital Insurance Agency CoverHound and Its CyberPolicy Unit
Insurance broker Brown & Brown has acquired CoverHound, a digital property/casualty insurance marketplace, and CyberPolicy, CoverHound’s small business subsidiary.
Insurance broker Brown & Brown has acquired CoverHound, a digital property/casualty insurance marketplace, and CyberPolicy, CoverHound’s small business subsidiary.
Brown & Brown Inc.'s acquisition of CoverHound Inc. offers an example of how the coronavirus pandemic accelerated change in the insurance industry then slowed the execution of that change.
CoverHound, one of the original insurtechs was acquired by Brown & Brown.
CoverHound® and CyberPolicy®, a leading digital insurance marketplace for individuals and small businesses, today announced they have been acquired by Brown & Brown, Inc. (NYSE:BRO), a leading insurance brokerage firm providing risk management solutions to individuals and businesses.
Twenty-seven California Chamber of Commerce member companies were recently highlighted by the Los Angeles Business Journal as some of the best companies to work for in Los Angeles.
CoverHound has been named one of the 2019 Best Places to Work in Los Angeles. This marks the second consecutive year CoverHound has received this honor.