Brown and Brown, Inc.
Brown & Brown, Inc. (Brown & Brown) together with its subsidiaries operates as a diversified insurance, wholesale brokerage and services company in the US. The company principally provides a wide range of insurance and reinsurance products and services to general business, corporate, governmental and quasi-governmental, institutional, professional, trade association and individual clients. The company markets and sells its insurance products and related services to its customers through the sub-segments such as casualty, employee benefits and property. Brown & Brown principally operates in the US through its 219 branch locations in 37 states. The company is headquartered at Daytona Beach, Florida in the US.The company reported revenues of (U.S. Dollars) USD 977.55 million during the fiscal year ended December 2008, an increase of 1.86% over 2007. The operating profit of the company was USD 272.50 million during the fiscal year 2008, a decrease of 12.53% from 2007. The net profit of the company was USD 166.12 million during the fiscal year 2008, a decrease of 13.01% from 2007.