Brown & Brown-backed Bridge Specialty Group completed the acquisition of insurance assets of Tim Parkman.

Brown & Brown-backed Bridge Specialty Group, a global insurance wholesaler, completed the acquisition of insurance assets of Tim Parkman, a wholesale insurance brokerage that provides retail agents. Financial terms were not disclosed. “We are excited to welcome the TPI team to Bridge Specialty Group. TPI’s specialized product suite and broad distribution footprint in Mississippi and the Gulf States are a great complement to Bridge Specialty Group’s offerings today,” Steve Boyd, Bridge Specialty Group President.