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BRP agrees to buy Wood Gutmann & Bogart



BRP Group Inc. said on Monday that it has agreed through indirect subsidiaries including Burnham Benefits Insurance Services LLC to acquire Wood Gutmann & Bogart Insurance Brokers. December 2021., was not disclosed.

Tustin, California-based Wood Gutmann is an intermediary broker providing commercial insurance, employee benefits and private customer service. Among the markets it serves are food and beverage, construction, real estate, technology, manufacturing, security and the environment, BRP said in a statement.

Wood Gutmann's business insurance and private customer services will act as Burnham WGB Insurance Solutions, and its staff benefits will to operate under the name Burnham Benefits.

Approximately 1

30 Wood Gutmann employees will join Burnham's 150 employees, providing a "meaningful scale to BRP Group's operations on the West Coast," the statement said.

BRP Group CEO Trevor Baldwin in the statement adds the business to "critical commercial insurance expertise to our west coast operations."

Burnham is based in Irvine, California. The BRP Group, which announced two other deals last week, is based in Tampa, Florida.

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