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BRP’s Burnham to Buy Wood Gutmann & Bogart

Wood Gutmann & Bogart Insurance Brokers, a Tustin-based insurance broker, has sold most of its assets to  BRP Group Inc., parent of Burnham Benefits Insurance Services LLC.  Terms of the deal, expected to close Dec. 1, weren’t disclosed. 

“We look forward to growing our presence in both California and the Western U.S.,” WGB Chief Executive Kevin Bogart said in a statement. 

“Our firms have dovetailed each other nicely, often sharing clients and always having mutual respect for one another,” said Kris Allison, regional president of Burnham.  

WGB reported 2020 revenue rose 8% to $36.8 million, ranking it No. 10 on the Business Journal annual list of insurance brokers published in September. 

Burnham Benefits’ Irvine office reported 2020 revenue climbed 15% to $37.8 million, good for No. 9 on the list. 

Tampa-based BRP Group, Inc. (NASDAQ: BRP) represents over 700,000 clients across the United States and internationally.

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Peter J. Brennan
Peter J. Brennan
With four decades of experience in journalism, Peter J. Brennan has built a career that spans diverse news topics and global coverage. From reporting on wars, narcotics trafficking, and natural disasters to analyzing business and financial markets, Peter’s work reflects a commitment to impactful storytelling. Peter’s association with the Orange County Business Journal began in 1997, where he worked until 2000 before moving to Bloomberg News. During his 15 years at Bloomberg, his reporting often influenced financial markets, with headlines and articles moving the market caps of major companies by hundreds of millions of dollars. In 2017, Peter returned to the Orange County Business Journal as Financial Editor, bringing his heavy business industry expertise. Over the years, he advanced to Executive Editor and, in 2024, was named Editor-in-Chief. Peter’s work has been featured in prestigious publications such as The New York Times and The Washington Post, and he has appeared on CNN, CBC, BBC, and Bloomberg TV. A Kiplinger Fellowship recipient at The Ohio State University, he leads the Business Journal with a dedication to uncovering stories that matter and shaping the local business community and beyond.
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