Brown & Brown Inc.

Industry:	Insurance
Ranking:	Russell 3000
Revenues:	$959.7 Million
Employees:	4,773

Description

Brown & Brown, Inc. (Brown & Brown) is a diversified insurance agency, wholesale brokerage, insurance programs and service organization. The Company markets and sells to its customers insurance products and services, primarily in the property, casualty and employee benefits areas. As an agent and broker, Brown & Brown does not assume underwriting risks. Instead, the Company provides its customers with non-investment insurance contracts, as well as other targeted, customized risk management products and services. Brown & Brown is compensated for its services primarily by commissions paid by insurance companies and by fees paid by customers for certain services. As of December 31, 2007, Brown & Brown’s activities were conducted in 198 locations in 38 states. In March 2008, the Company announced that it has opened a wholesale brokerage, Decus Insurance Brokers, Limited (D.I.B.). In August 2008, Brown & Brown announced the stock acquisition of Fullerton & Company, Inc. by Brown & Brown.

Products & Services

insurance

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Site Rank:	220,572
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News Archive

Brown & Brown Inc.(Agent/Broker)(retirement of J. Hyatt Brown)(Brief article) Best's Review; 7/1/2009 * J. HYATT BROWN will retire as chief executive of Florida-based broker BROWN & BROWN INC. on July 1. Brown will retain his position as chairman of Brown & Brown's board of directors and will continue to be involved in acquisitions and recruitment matters. President J. POWELL BROWN will add ...more

United States : Brown & Brown subsidiary buys Wash. firm.(Company overview) TendersInfo; 11/19/2009 Byline: datta03 Brown & Brown Inc. s Hull & Co. subsidiary has acquired certain wholesale insurance...bar and tavern trade, and clients with environmental exposures. Brown & Brown (NYSE: BRO), based in Tampa and Daytona Beach, offers a broad... ...more

J. Hyatt Brown hands over the reins at Brown & Brown.(J. Powell Brown appointed at Brown & Brown Inc.)(Company overview)(Brief article) Business Insurance; 10/12/2009 Byline: Rodd Zolkos A torch was officially passed at Brown & Brown Inc. in July when J. Hyatt Brown handed control of the broker to his son J. Powell Brown. Hyatt Brown had headed the Daytona Beach, Fla.-based company since taking over the family agency in 1961, a short time after graduating ...more