Does Brown& Brown own Wright flood?

Does Brown& Brown own Wright flood?

Brown & Brown Inc. said it has completed its acquisition of specialty and flood insurance company The Wright Insurance Group, LLC.

Who bought Brown Brown?

Brown & Brown, through its Brown & Brown Dealer Services (BBDS) division, has acquired substantially all of the assets of Profits Creation. The announcement was made by J. Scott Penny, chief acquisitions officer of Brown & Brown, and Gerry White, owner of Profits Creation.

Who founded Brown and Brown insurance?

The company that was to become Brown & Brown Insurance was founded in Daytona Beach in 1939 by two cousins, J. Adrian Brown and Charles Covington Owen.

Is Brown and Brown a public company?

Brown & Brown, Inc. has proudly offered a comprehensive range of insurance services and solutions since 1939. Publicly traded since 1993, we are listed on the New York Stock Exchange as BRO.

How many states is brown and brown in?

24 states
With offices in 24 states, Brown & Brown, Inc. is the ninth largest insurance brokerage in America.

Who is the CEO of Brown and Brown?

J Powell Brown (Jul 1, 2009–)Brown & Brown / CEO

Is Hays part of Brown and Brown?

Hays Companies will operate as a region inside Brown & Brown Retail. The operations will continue to be led by Jim Hays, as Chief Executive Officer of the Hays Companies, and Mike Egan will continue to serve as President/COO. Following completion of the transaction, Jim will join Brown & Brown, Inc.

Is Brown and Brown a Fortune 500 company?

Brown & Brown | 2022 Fortune 500 | Fortune.

How large is Brown & Brown insurance?

In 2021 the company ranked as the fifth largest independent insurance intermediary organization in the U.S. and sixth largest in the world by Business Insurance magazine….Brown & Brown.

Trade name Brown & Brown Insurance
Net income US$480.4 million (2020)
Total assets US$8.96 billion (2020)
Total equity US$3.75 billion (2020)

Where is brown and brown headquartered?

Daytona Beach, FLBrown & Brown / Headquarters

How big is Brown & Brown insurance?

Daytona Beach, Florida-based Brown & Brown reported $2.61 billion in brokerage revenue in 2020, a 9.3% increase over 2019, and retained its No. 6 position in Business Insurance’s ranking of the world’s largest brokerages.

  • August 13, 2022