WS Investor
08 May 2025, 18:47
Bridge Specialty Group Acquires Tim Parkman, Inc. to Expand Wholesale Insurance Footprint
Brown & Brown’s Bridge Specialty Group announced its acquisition of the assets of Tim Parkman, Inc. (TPI), a Mississippi-based wholesale insurance brokerage founded in 2002. TPI, known for its proprietary tech platform and strong service to over 5,000 retail agents, specializes in personal and commercial insurance lines. The company will continue operations from Clinton, Mississippi, under President Mike Leach, with founder Tim Parkman remaining involved.
The acquisition strengthens Bridge Specialty Group’s presence in Mississippi and the Gulf States. With more than 50 locations and access to over 230 markets, Bridge Specialty Group delivers customized insurance solutions globally. Brown & Brown, its parent company, is a major insurance broker with over 17,000 employees in more than 500 locations worldwide. Terms of the deal were not disclosed.
Brown & Brown’s Bridge Specialty Group announced its acquisition of the assets of Tim Parkman, Inc. (TPI), a Mississippi-based wholesale insurance brokerage founded in 2002. TPI, known for its proprietary tech platform and strong service to over 5,000 retail agents, specializes in personal and commercial insurance lines. The company will continue operations from Clinton, Mississippi, under President Mike Leach, with founder Tim Parkman remaining involved.
The acquisition strengthens Bridge Specialty Group’s presence in Mississippi and the Gulf States. With more than 50 locations and access to over 230 markets, Bridge Specialty Group delivers customized insurance solutions globally. Brown & Brown, its parent company, is a major insurance broker with over 17,000 employees in more than 500 locations worldwide. Terms of the deal were not disclosed.
