| Business Summary | | Brown
&
Brown,
Inc.
is
a
diversified
insurance
brokerage
and
agency
that
markets
and
sells
primarily
property
and
casualty
insurance
products
and
services
to
its
clients.
The
Company
acts
in
an
agency
capacity
to
provide
its
customers
with
targeted,
customized
risk
management
products.
The
Company
is
compensated
for
its
services
primarily
by
commissions
paid
by
insurance
companies
and
fees
for
administration
and
benefit
consulting
services.
Brown
&
Brown's
business
is
divided
into
four
divisions,
the
Retail
Division,
the
National
Programs
Division,
the
Service
Division
and
the
Brokerage
Division. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Brown
and
Brown,
Inc.
is
a
diversified
insurance
brokerage
and
agency
that
markets
and
sells
primarily
property
and
casualty
insurance
products
and
services
to
its
clients.
For
the
six
months
ended
6/30/01,
revenues
rose
40%
to
$160.7
million.
Net
income
rose
50%
to
$24.7
million.
Revenues
reflect
acquired
agencies
and
new
business
production.
Net
income
also
benefitted
from
improved
margins
and
synergies
with
acquired
firms. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| J. Hyatt Brown, 63 Chairman,
Pres, CEO | $843K | Cory Walker, 43 CFO,
VP, Treasurer | 243K | Jim Henderson, 54 Exec.
VP, Assistant Treasurer, Director | 666K | Laurel Grammig, 42 VP,
Sec., Gen. Counsel | 215K | Thomas Donegan, Jr., 30 VP,
Assistant Sec., Assistant Gen. Counsel | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|