B&B acquires the assets of Claim Technologies Incorporated
Brown & Brown Of Massachusetts , a subsidiary of Brown & Brown , has acquired substantially all of the assets of Claim Technologies Incorporated (CTI).
Founded in 1990 by Don Brandt, CTI uses its proprietary software to offer a wide variety of benefit plan audits to governmental and private employers throughout the U.S. Following the acquisition, the CTI team will continue operating from their existing Des Moines, Iowa office under the leadership of Randy Brandt. The CTI business will operate within Brown & Brown’s Retail segment and report to Mark Abate, who oversees certain Brown & Brown employee benefits and pharmacy consulting businesses.
“The addition of CTI to the Brown & Brown team strategically enhances our comprehensive portfolio of services and capabilities to assess the performance of administrators of employee benefit plans. We are excited to welcome Don, Randy and the balance of the CTI team to Brown & Brown.” – P. Barrett Brown, the president of Brown & Brown’s Retail segment.