Brown & Brown of Washington, Inc. Acquires Assets of Thompson, Spears & Associates, Ltd.

Brown & Brown of Washington, Inc., a subsidiary of Brown & Brown, Inc. BRO, today announced that it has acquired substantially all of the assets of Thompson, Spears & Associates, Ltd., in Bellevue, Washington. Lawrence C. "Larry" Thompson and W. Winn Spears founded Thompson, Spears & Associates, Ltd. ("TSA") in 1997. These individuals also serve as trustees of the Northwest Employers Trust, which provides group medical and dental coverage to small employer groups in the states of Washington and Oregon through Regence BlueShield (medical) and United Concordia Insurance Company (dental), respectively. With annual revenues of approximately $2.4 million, TSA serves as the managing general agent for coverage placements through NET.