Brown & Brown acquires InsurTech CoverHound

A subsidiary of Brown & Brown, Inc. has acquired substantially all of the assets of InsurTech firm CoverHound, a digital insurance marketplace for both individuals and small businesses.

The deal has been announced by J. Scott Penny, Brown & Brown’s Chief Acquisitions Officer and Keith Moore, Chief Executive Officer (CEO) of CoverHound and its wholly owned subsidiary, CyberPolicy.