Brightway Insurance to Acquire Towne Center Insurance

Insurance retailer announces plan to acquire licenses in nearly all 50 states by July 2014.

INN Breaking News, January 2, 2014

Jennifer Morrell

Brightway Insurance announced it would acquire Towne Center Insurance Agency. Chris Palumbo, previously the owner of Towne Center, will act as a producer and work with Ken Toney, owner of Brightway. Brightway, an insurance retailer in Sanford, Fla., said the acquisition would be the first of several this year for the company, which offers franchisees access to capital to help them grow through acquisitions.

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