McGriff acquires Amity Benefits to enhance employee benefits practice

McGriff, a US-based retail insurance broker, has announced its acquisition of Amity Benefits, a full-service retail employee benefits brokerage located in Tampa, Florida.

Mike Breedlove, National Sales and Growth Leader at McGriff, expressed enthusiasm about the acquisition, stating, “We’re thrilled to welcome Brian and the talented team at Amity to McGriff.

“Their deep expertise in the auto dealer space will be an integral part of expanding our capabilities in this vertical. This acquisition marks a significant step in delivering even greater value to our clients and advancing our growth in the employee benefits sector.”

This acquisition is part of McGriff’s broader strategy to enhance its nationwide employee benefits practice and provide tailored solutions to clients across the country.

Read Davis, CEO of McGriff, commented, “Founded in 2017, Amity has built a strong reputation in the Tampa area for delivering accessible, high-quality employee benefits solutions to its clients.”

Davis continued, “The Amity team will expand our existing capabilities in Florida, and we are excited to welcome them into our EB practice.”

Brian Howard, CEO of Amity, stated, “McGriff’s strong reputation, culture and commitment to delivering for its clients and colleagues made them the right partner for Amity Benefits as we look to continue to invest in and grow our business.”

He added, “Together, we will be better positioned to support the needs of businesses and their employees in Tampa and beyond.”

Amity Benefits will now operate as part of McGriff’s South region, with Brian Howard and his team joining the McGriff EB division.

This announcement closely follows Marsh McLennan’s recent news about acquiring McGriff in a $7.75 billion transaction, expected to close at the end of 2024.

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