Brown & Brown seals major acquisition of Canadian MGA

States that specializes in risk management solutions, had entered into an agreement to acquire the assets of the Canadian managing general agent Special Risk Insurance Managers (SRIM). Now, the brokerage has announced that it has wrapped up this major acquisition of SRIM. SRIM was founded in 1991 and earned the title of “MGA of the Year” in 2018 by Insurance Business Canada. A company release after the initial news broke in December noted that the acquisition was “a strategic step forward for Brown & Brown in establishing a presence in the Canadian insurance brokerage market.”