Brown & Brown, Inc. subsidiary The Advocator Group, LLC has acquired all of the equity interests of Social Security Advocates for the Disabled, LLC (SSAD). The acquisition was announced on Feb. 8 by Brown & Brown, Inc. Chief Acquisitions Officer J. Scott Penny and SSAD founders Ann Marie Beaudoin and Victor Arruda.
Terms of the deal were not disclosed.
SSAD will continue to operate from its main location in Norwell, Massachusetts, with Ann Marie Beaudoin heading sales and Megan Reid maintaining operational leadership. SSAD operations will directly answer to The Advocator Group Chief Executive Officer Julie Turpin.
"SSAD has been a key player in providing high-quality SSDI advocacy services for the long-term disability insurance carrier market for more than 20 years. We are excited to have them join The Advocator Group team. With Ann Marie and Megan on board, we look forward to continuing to deliver exceptional service to clients and carriers and to bring innovative products and processes to the market," Turpin said.
"Our relationship with The Advocator Group will allow us to build on our long-standing track record of delivering positive results for our carrier partners. Together, we will strive to achieve our shared mission of preserving and improving the financial well-being of our clients. We are thrilled to be a part of this industry-leading team," Beaudoin remarked.
Founded in 1994, SSAD has worked alongside long-term disability insurance carriers to provide Social Security disability insurance advocacy services to individual clients.