Bridge Specialty Group, a subsidiary of Brown & Brown, Inc., acquired substantially all the assets of Gremesco of New Jersey.
Gremesco of New Jersey is a wholesale insurance broker and was founded in 2000. The firm offers property and casualty insurance products and services through retail agents primarily in New Jersey and New York.
Gremesco of New Jersey operations will become part of Bridge Specialty Group’s “Morstan General Agency” office. The combined operations will do business from Morstan’s Woodbridge, New Jersey, location. The group will be led by Tommy Rhodes, who shares oversight responsibility for Morstan with Bridge Specialty Group Executive Vice President Kathy Colangelo.
“This transaction enables us to continue growing Morstan’s strong network of brokers in New Jersey and New York,” Rhodes said. “We are excited to welcome (Gremesco owners) Joe and Wendy Certo to our team and to leverage their talent, experience, and relationships to create future opportunities.”
“We believe joining Morstan and Bridge Specialty Group will enable us to deliver broader market access and additional support to our customers,” Joe Certo said. “Wendy and I have always been committed to providing our customers with comprehensive service, knowledge, and professionalism, and we look forward to continuing to do so in the future.”
