Crosby Insurance Brokers offers business, commercial property, and personal lines insurance. Credit: Andrey_Popov/Shutterstock.

Brown & Brown (Europe) has continued its growth trajectory with the acquisition of business insurance specialists Crosby Insurance Brokers.

Financial specifics of the deal remain undisclosed.

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Crosby Insurance Brokers will continue to operate from its existing site in Gateshead, Tyne & Wear, under the leadership of founder and managing director Stan Crosby.

Established in 1991, Crosby Insurance Brokers provides business and commercial property insurance, alongside personal lines cover.

Its offerings include young driver insurance, commercial property insurance, unoccupied property insurance, and competitive vehicle insurance.

Brown & Brown Retail North managing director Neil Thornton said: “Crosby has built a strong reputation for service and quality over many years, with strong ties to the local business community. I look forward to supporting them as they embark on the next stage of their journey as part of the Brown & Brown team.”

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Crosby Insurance Brokers managing director Stan Crosby said: “This partnership marks an exciting new chapter for us. Brown & Brown has a strong culture of care that aligns perfectly with our own, allowing us to retain the personal, tailored approach that Crosby has always delivered.”

The deal has secured regulatory clearance.

In June 2024, Brown & Brown (Europe) bought Rollins Insurance Brokers.

Founded in 1939, Brown & Brown Inc. is an insurance brokerage, serving individuals and businesses.

The company has a workforce of more than 60,000 and more than 500 locations worldwide.

Its Europe group operates retail broking, specialist managing general agent (MGA), network, and Lloyd’s businesses.