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Brown & Brown Inc. (BRO)

31.48 Up 0.22(0.70%) Oct 24, 4:03PM EDT
|After Hours : 31.48 0.00 (0.00%) Oct 24, 4:51PM EDT
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Brown & Brown Inc.
220 South Ridgewood Avenue
Daytona Beach, FL 32114
United States - Map
Phone: 386-252-9601

Index Membership:N/A
Industry:Insurance Brokers
Full Time Employees:6,992

Business Summary 

Brown & Brown, Inc. markets and sells insurance products and services in the United States. Its Retail division provides insurance products and services to commercial, public and quasi-public entity, professional, and individual customers. This division offers property insurance relating to physical damage to property, and resultant interruption of business or extra expense caused by fire, windstorm, or other perils; casualty insurance relating to legal liabilities, workers’ compensation, and commercial and private passenger automobile coverage; fidelity and surety bonds; group and individual life, accident, disability, health, hospitalization, medical, and dental insurance, as well as provides risk management and loss control surveys and analysis, consultation, and claims processing services. The company’s National Programs division offers professional liability and related package insurance products for dentists, oral surgeons, hygienists, lawyers, CPA’s, optometrists, opticians, ophthalmologists, insurance agents, financial advisors, registered representatives, securities broker-dealers, benefit administrators, real estate brokers and title agents, and escrow agents; and arrowhead insurance, commercial, and public entity-related programs. Its Wholesale Brokerage division markets and sells excess and surplus commercial insurance products and services to retail insurance agencies; and reinsurance products and services to insurance companies. The company’s Services division offers third-party claims administration and consulting for the workers’ compensation insurance market, comprehensive medical utilization management services, Medicare secondary payer statute compliance-related services, social security disability and Medicare benefits advocacy services, and catastrophe claims adjusting services. The company was founded in 1939 and is headquartered in Daytona Beach, Florida.

Key Statistics

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Corporate Governance 
Brown & Brown Inc.’s ISS Governance QuickScore as of Oct 1, 2014 is 1. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 1; Compensation: 1.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. J. Powell Brown CPCU, 46
Chief Exec. Officer, Pres and Director
Ms. Linda S. Downs CPCU, AAI, 64
Chief Operating Officer and Regional Pres
Mr. Charles H. Lydecker CPCU, CIC, AIM, 50
Pres of Retail Division
Mr. Anthony T. Strianese , 52
Pres of Wholesale Division
Mr. R. Andrew Watts , 45
Chief Financial Officer, Exec. VP and Treasurer
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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