Brown & Brown Acquires Pardus Underwriting

Reuters

Oct 21

Brown & Brown Acquires Pardus Underwriting

Brown & Brown (Europe) Ltd, part of Brown & Brown, Inc., has agreed to acquire Pardus Underwriting Limited, a managing general agent specializing in Property Owners and Commercial Combined insurance products. Pardus, founded in 2013 and headquartered in Cranbrook, Kent, will continue to operate from its existing locations, with CEO Keith Thompson, Chief Underwriting Officer Darren Stockman, and their team remaining with the business post-acquisition. The transaction, which has received regulatory approval, reflects Brown & Brown's strategy to expand its portfolio of niche and specialist underwriting capabilities. Financial details of the deal were not disclosed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brown & Brown Inc. published the original content used to generate this news brief on October 21, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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