Announced
Completed
Synopsis
Brown & Brown Capital-backed Wright Flood, a flood insurance provider engaged in offering federal, excess, and private flood coverage, completed the acquisition of Poulton Associates, an insurance administrator engaged in providing catastrophe insurance solutions. Financial terms were not disclosed. “We look forward to welcoming the Poulton team. Our organizations share a similar culture and a dedicated focus on providing comprehensive flood insurance and related protections to policyholders. The combination of our teams will enable us to deliver greater value to our customers, while also increasing the number of properties covered by flood insurance," Patty Templeton-Jones, Wright Flood CEO and Chief Program Advocate.
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