BNET Industries

Market Cap:$2.5B
Last Fiscal Year Sales:$977.5M
  • Public
  • US
Dow Jones Description

Brown & Brown of Leesburg has been built on a solid foundation of people dedicated to providing the highest degree of service. By providing you with innovative solutions to your insurance needs and personalized service, it is our goal to earn the right to be your insurance professional. We offer you innovation, skill and experience in arranging your business insurance needs whether personal, property, casualty, or employee benefits. At Brown & Brown, we believe in making your life easier by providing access to several functions directly from this site, such as a link to email us for information, access to risk management and safety articles, newsletters that keep you up to date on the hazards associated with doing business, and those insurance issues directly associated with everyday life! The professionals at Brown & Brown genuinely enjoy their work. We value not only the camaraderie of our fellow workers, but also the rewarding sense of accomplishment that we receive from speaking with our customers, meeting their needs, and solving their business problems.

Chairman & CEO
J. Hyatt Brown
Number of Employees 5,398
Contact Information

220 S Ridgewood Ave

Daytona Beach, Florida 32114

www.bbinsurance...

(386) 252-9601

NAICS Code Insurance Agencies and Brokerages: 524210

Recent Events

  • Brown & Brown, Inc. Announces Sixteenth Consecutive Annual Increase in Its Quarterly Cash Dividend

    10/21/09 - Stock Split / Dividend - View Story

  • Apple Sales Rise 25%; Texas Instruments Net Drops

    10/22/09 - Financial Announcement - View Story

  • Brown & Brown announces new acquisition

    9/01/09 - Merger / Acquisition - View Story

  • UPDATE 1-Brown & Brown Q2 profit up marginally

    7/20/09 - Financial Announcement - View Story

News & Analysis

brown & brown inc. - All News and Analysis

  • Brown & Brown, Inc. Q2 2008 Earnings Call Transcript

    Seeking Alpha - 2008-07-21

    Question-and-Answer SessionThank you, Mr. Brown. The question and answer session will be conducted electronically. [Operator Instructions]. And we will take our first question fromKeith Walsh at Citi. Keith Walsh - Citigroup Good morning everybody. J. Hyatt Brown - Chairman and Chief Executive Officer Hey Keith. Keith Walsh - Citigroup...

    Tags: Brown & Brown Inc.

  • Brown & Brown, Inc. Q1 2008 Earnings Call Transcript

    Seeking Alpha - 2008-04-22

    Question-and-Answer SessionThank you, Mr. Brown. [Operator Instructions]. And we’ll take our first question from Keith Walsh, Citigroup. Keith Walsh – Citigroup Good morning, gentlemen. First question for Hyatt on specifically Retail... Florida Retail. I know you talked about this extensively, but it just seems that we are really starting...

    Tags: Brown & Brown Inc.

  • Brown & Brown, Inc. Q4 2007 Earnings Call Transcript

    Seeking Alpha - 2008-02-11

    Question-and-Answer SessionAbsolutely. Thank you. [Operator Instructions]. We will go to Keith Walsh with Citi. Keith Walsh - Citigroup Hey, good morning everybody. J. Hyatt Brown - Chairman and Chief Executive Officer Hey, Keith. Keith Walsh - Citigroup First, I guess, I was just pretty surprised about the level margin...

    Tags: Brown & Brown Inc.

  • Afternoon Stock News For January 2, 2008.

    - 2008-01-02

    M2 PRESSWIRE-2 January 2008-Businessnewsnow.us: Afternoon Stock News For January 2, 2008C1994-2008 M2 COMMUNICATIONS LTD RDATE:02012008 New York, NY -- BusinessNewsNow's Stock News Highlights: Brown & Brown, Inc. (NYSE: BRO); AtheroGenics, Inc. (NASDAQ: AGIX); Franklin Mining, Inc....

    Tags: AtheroGenics Inc., Bolivia, brewery, Brown & Brown Inc., Company, FINANCE, Insurance, Nasdaq Stock Market Inc., RAE Systems, SECURITY

  • Brown & Brown Inc. Q3 2007 Earnings Call Transcript

    Seeking Alpha - 2007-10-24

    Question-and-Answer SessionOperator Thank you, Mr. Brown. [Operator Instructions]. Now, we go first to Keith Walsh with Citi Keith Walsh - Citigroup Good morning everyone. J. Hyatt Brown - Chairman and Chief Executive Officer Hi Keith. Keith Walsh - Citigroup Hi, just...

    Tags: Brown & Brown Inc.

Decision Makers

Name (plus bio) Position
J. Powell Brown President
Cory Walker Cfo, Treasurer & Senior Vice President
Robert W. Lloyd Vice President & Chief Litigation Officer
Anthony Strianese Reg Executive Vice President
Brian Brooks Executive Vice President
C. Roy Bridges Reg Executive Vice President
Charles Lydecker Reg Executive Vice President
J. Scott Penny Reg Executive Vice President
Kenneth Masters Reg Executive Vice President
Linda S. Downs Executive Vice President, Leadership Dev
Michael Paschke Reg Executive Vice President
Scott Hindman Senior Vice President, Account Executive
Laurel Grammig General Counsel, Secretary & Vice President
Paul A. Vredenburg Vice President, Acq
Richard Freebourn Vice President, Internal Operations
Thomas Donegan Vice President
Sharon Folley Director, Dev
Ann Snapp Personal Lines Manager
Barbara Champion Account Manager
Becky Frost Regional Benefits Manager
Gina Grasso Small Commercial Account Manager
Karen Yeager Benefits Marketing Manager
Kim Bodnar It Manager
Patty Tipton Public Entity Manager
Ray Bailey Operations Manager
Sandy Mitchell Senior Commercial Account Manager
Susan Bennett Personal Lines Account Manager
Tammy Traser Commercial Lines Marketing Manager
Terri Hendrickson Commercial Lines Account Manager
Travis Childers Sales Manager
Carol Remic Public Entity Assistant
Clark Saylor Account Executive
Justin Low Account Executive
Lindsey Shepherd Staff Accountant
Lisa Hawkins Benefits Accounts Assistant
Patty Maier Customer Service Representative
Ruth Mohr Account Executive
Sandi Frazer Claims Specialist

Board of Directors

Name (plus bio) Position
J. Hyatt Brown Chairman & CEO
Jim Henderson Vice Chairman & COO
Bradley Currey Jr. Board of Directors
Chilton D. Varner Board of Directors
Huge M. Brown Board of Directors
Hugh M. Brown Board of Directors
Jan E. Smith Board of Directors
Samuel P. Bell III Board of Directors
Theodore J. Hoepner Board of Directors
Toni Jennings Board of Directors
Wendell S. Reilly Board of Directors

Mr. Brown has been Chief Executive Officer of Brown & Brown, Inc. since 1993 and the Chairman of the Board of Directors since 1994. Mr. Brown was President of Brown & Brown, Inc. from 1993 to December 2002, and served as President and Chief Executive Officer of Brown & Brown’s predecessor corporation from 1961 to 1993. He was a member of the Florida House of Representatives from 1972 to 1980, and Speaker of the House from 1978 to 1980. Mr. Brown serves on the Board of Directors of SunTrust Banks, Inc., International Speedway Corporation, FPL Group, Inc., BellSouth Corporation, and Rock-Tenn Company, each a publicly-held company. He also serves as Chairman of the Council of Insurance Agents & Brokers and a member of the Board of Insurance Services Office, as well as on the Board of Trustees of Stetson University, of which he is a past Chairman, and the Florida Council of 100. Mr. Brown is a past Vice Chairman of the Florida Residential Property and Casualty Joint Underwriting Association and a past Trustee of the Florida Chamber Foundation.

Organization Position Status
Brown & Brown, Inc. Chairman & CEO Current
Brown & Brown, Inc. Board of Directors Former

J. Powell Brown (40) was elected President of Brown & Brown, Inc., in January 2007. Previously he was a Regional Executive Vice President, since 2002, and also serves in an executive officer capacity for certain Brown & Brown subsidiaries. He oversees most of the Company’s wholesale brokerage and public entity operations located throughout the country. From 1998 to 2003, Mr. Brown served as profit center leader of the Company’s Orlando, Florida retail office. Prior to that, he was a sales producer and then Marketing Manager in the Daytona Beach, Florida retail office from 1995 to 1998. Before joining Brown & Brown he was with the Continental Insurance Company. A graduate of the University of Florida, with an MBA from Duke University, Mr. Brown serves on the Board of Directors of the SunTrust Bank/Central Florida and the Boggy Creek Gang. Previously he served on the Board of Governors of the Orlando Regional Chamber of Commerce, and as a member of the Board of Directors of Junior Achievement of Central Florida and the Bolles School Board of Visitors.

Organization Position Status
Brown & Brown, Inc. President Current
Brown & Brown, Inc. Board of Directors Current
Brown & Brown, Inc. Reg Executive Vice President Former

Organization Position Status
Brown & Brown, Inc. Cfo, Treasurer & Senior Vice President Current
Brown & Brown, Inc. Board of Directors Current

Mr. Henderson was elected Vice Chairman and Chief Operating Officer of Brown & Brown, Inc. in January 2007. Between 2002 and 2007 he was President and Chief Operating Officer. In addition he serves as director or in another executive officer capacity for several subsidiaries. He was elected Executive Vice President in 1995, and served as Senior Vice President from 1993 to 1995. He served as Senior Vice President of Brown & Brown’s predecessor corporation from 1989 to 1993, and as Chief Financial Officer from 1985 to 1989. Mr. Henderson is a member of the Board of Directors of Embry-Riddle Aeronautical University, the School of Business Administration of Stetson University, and the Florida Hurricane Catastrophe Fund. He previously served as Co-Chairman of the Insurance Accounting and Systems Association's Property & Casualty Committee, President of the Central Florida Chapter of Financial Executives International, and as a member of the Board of Directors of United Way of Volusia/Flagler Counties and the Ronald McDonald House.

Organization Position Status
Brown & Brown, Inc. Vice Chairman & COO Current
Brown & Brown, Inc. Board of Directors Current

Organization Position Status
Brown & Brown, Inc. Vice President & Chief Litigation Officer Current

Organization Position Status
Brown & Brown, Inc. Reg Executive Vice President Current

Organization Position Status
Brown & Brown, Inc. Executive Vice President Current

Organization Position Status
Brown & Brown, Inc. Reg Executive Vice President Current

Organization Position Status
Brown & Brown, Inc. Reg Executive Vice President Current

Organization Position Status
Brown & Brown, Inc. Reg Executive Vice President Current

Organization Position Status
Brown & Brown, Inc. Reg Executive Vice President Current

Organization Position Status
Brown & Brown, Inc. Executive Vice President, Leadership Dev Current
Brown & Brown of Indiana, Inc. Vice President Current

Organization Position Status
Brown & Brown, Inc. Reg Executive Vice President Current

Organization Position Status
Brown & Brown, Inc. Senior Vice President, Account Executive Current

Organization Position Status
Brown & Brown, Inc. General Counsel, Secretary & Vice President Current

Organization Position Status
Brown & Brown, Inc. Vice President, Acq Current

Organization Position Status
Brown & Brown, Inc. Vice President, Internal Operations Current
Brown & Brown of Indiana, Inc. Vice President, Internal Audit Current

Organization Position Status
Brown & Brown, Inc. Vice President Current

Organization Position Status
Brown & Brown, Inc. Director, Dev Current

Organization Position Status
Brown & Brown, Inc. Personal Lines Manager Current

Organization Position Status
Brown & Brown, Inc. Account Manager Current

Organization Position Status
Brown & Brown, Inc. Regional Benefits Manager Current

Organization Position Status
Brown & Brown, Inc. Small Commercial Account Manager Current

Organization Position Status
Brown & Brown, Inc. Benefits Marketing Manager Current

Organization Position Status
Brown & Brown, Inc. It Manager Current

Organization Position Status
Brown & Brown, Inc. Public Entity Manager Current

Organization Position Status
Brown & Brown, Inc. Operations Manager Current

Organization Position Status
Brown & Brown, Inc. Senior Commercial Account Manager Current

Organization Position Status
Brown & Brown, Inc. Personal Lines Account Manager Current

Organization Position Status
Brown & Brown, Inc. Commercial Lines Marketing Manager Current

Organization Position Status
Brown & Brown, Inc. Commercial Lines Account Manager Current

Organization Position Status
Brown & Brown, Inc. Sales Manager Current

Organization Position Status
Brown & Brown, Inc. Public Entity Assistant Current

Organization Position Status
Brown & Brown, Inc. Account Executive Current

Organization Position Status
Brown & Brown, Inc. Account Executive Current

Organization Position Status
Brown & Brown, Inc. Staff Accountant Current

Organization Position Status
Brown & Brown, Inc. Benefits Accounts Assistant Current

Organization Position Status
Brown & Brown, Inc. Customer Service Representative Current

Organization Position Status
Brown & Brown, Inc. Account Executive Current

Organization Position Status
Brown & Brown, Inc. Claims Specialist Current

Mr. Currey served as Chief Executive Officer of Rock-Tenn Company, a publicly-held manufacturer of packaging and recycled paperboard products, from 1989 to 1999 and as Chairman of the Board of Rock-Tenn Company from 1993 to January 31, 2000, when he retired. He also previously served as President (1978-1995) and Chief Operating Officer (1978-1989) of Rock-Tenn Company. Mr. Currey previously served as a member of the Board of Directors and Executive Committee of Rock-Tenn Company, and is currently Director Emeritus of Genuine Parts Company, a publicly-traded company, and a member of the Board of Directors of Enzymatic Deinking Technologies, L.L.C. Mr. Currey is Trustee Emeritus and a past Chairman of the Board of Trustees of Emory University. He is a Trustee and member of the Executive Committee of the Woodruff Arts Center and the Atlanta Symphony Orchestra, a division of the Woodruff Arts Center in Atlanta, Georgia. He is also a past Chairman of the Federal Reserve Bank of Atlanta.

Organization Position Status
Brown & Brown, Inc. Board of Directors Current

Ms. Varner is a partner in the law firm of King & Spalding, LLP, in Atlanta, Georgia. A graduate of Smith College, where she was named to membership in Phi Beta Kappa, and Emory University School of Law, Ms. Varner was honored with Emory University School of Law's Distinguished Alumni Award in 1998. In 2001, the National Law Journal profiled Ms. Varner as one of the nation's top ten women litigators. With more than 25 years of courtroom experience, she is considered to be among the very best in defending corporations in product liability, commercial and other civil disputes. The author of many books and papers on areas of interest in her practice, she has also served as a member of the faculty of the Trial Academy of the International Association of Defense Counsel and regularly presents at bar association meetings around the country. She has been a trustee of Emory University since 1995 and has served on the Board of Wesley Woods Geriatric Center since 1996.

Organization Position Status
Brown & Brown, Inc. Board of Directors Current

Mr. Brown founded BAMSI, Inc., a full-service engineering and technical services company, in 1978, and served as its Chief Executive Officer until his retirement in 1996. Mr. Brown currently serves as a member of the Board of Directors of SunTrust Bank of Orlando, Blue Cross and Blue Shield of Florida, the Florida Council of 100 and the Florida Council on Economic Education. He is a past Chairman of the Federal Reserve Bank of Atlanta, and previously served on the Florida Commission on Education, and as Chairman of the Spaceport Florida Authority (now Florida Space Authority) Board of Supervisors. Mr. Brown was previously named Small Business Person of the Year, 1985, by the U.S. Small Business Administration, and Regional Minority Small Business Person of the Year for the Atlanta region, and in 1991, he received the U.S. Small Business Administration's Graduate of the Year Award. He is an inductee of the Junior Achievement Business Hall of Fame for East Central Florida.

Organization Position Status
Brown & Brown, Inc. Board of Directors Current

Organization Position Status
Brown & Brown, Inc. Board of Directors Current

Mr. Smith has served as President of Jan Smith and Company, a commercial real estate and business investment firm, since 1978. Mr. Smith is also the managing general partner of River Bend Road, Ltd., and a Director and President of Travel Associates, Inc. and of Jan Smith and Company. Mr. Smith serves on the Board of Directors of SunTrust Bank/Gulf Coast and the Board of Governors of the Florida Chamber of Commerce, and is also the Chairman of the Campus Board of University of South Florida's Regional Sarasota/Manatee Campus, and a member of the University of South Florida Foundation Board of Trustees. Mr. Smith is a past member of the Board of Directors of GTE of Florida, Inc., a publicly-held company, the Advisory Council of the Federal Reserve Bank of Atlanta, the Board of Directors of the United States Chamber of Commerce, the Board of the National Chamber Litigation Center, the National Advisory Council of the U.S. Small Business Administration, the Board of Directors of the Florida Chamber of Commerce Management, Inc., the Florida Education Governance Reorganization Transition Task Force, the Nominating Council of the Public Service Commission of Florida, the Florida Council on Economic Education, and the Manatee County (FL) Independent Insurance Agent Association, and he previously served as a Delegate to the White House Conference on Small Business and to the Small Business National Issues Conference. He is a past Chairman of the Board of Trustees of Manatee Community College in Florida, and of the Manatee County (FL) Chamber of Commerce, and is an inductee of the Tampa Bay Business Hall of Fame.

Organization Position Status
Brown & Brown, Inc. Board of Directors Current

Mr. Bell has been a shareholder of the law firm of Pennington, Moore, Wilkinson, Bell & Dunbar, P.A. since January 1, 1998. Prior to that, he was a shareholder and managing partner of Cobb Cole & Bell (now Cobb & Cole, P.A.), and he served as Of Counsel to Cobb Cole & Bell until August of 2002. Mr. Bell was a member of the Florida House of Representatives from 1974 to 1988. He is Chairman of the Advisory Board for the College of Public Health at the University of South Florida, President of the Florida Public Health Foundation and a member of the Florida Elections Commission. He is also past Chairman of the Florida Legislature's Commission on Local Government II.

Organization Position Status
Brown & Brown, Inc. Board of Directors Current

Mr. Hoepner is the former Vice Chairman of SunTrust Bank Holding Company. Prior to that, he served as Vice Chairman of SunTrust Banks, Inc., a publicly held company, from 2000 until 2005. From 1995 to 2000, Mr. Hoepner was Executive Vice President of SunTrust Banks, Inc. and Chairman of the Board, President and Chief Executive Officer of SunTrust Banks of Florida, Inc. From 1990 through 1995, he served as Chairman of the Board, President and Chief Executive Officer of SunBank, N.A. From 1983 through 1990, he was the Chairman of the Board and Chief Executive Officer of SunBank/Miami, N.A. Mr. Hoepner is a past Chairman of the Board of Trustees of Rollins College, the Economic Development Commission of Mid-Florida, the Heart of Florida United Way, the Greater Miami Chamber of Commerce, the Beacon Council of Miami, Florida, and the Financial Executives Institute of Jacksonville, Florida.

Organization Position Status
Brown & Brown, Inc. Board of Directors Current

Ms. Jennings served as Lieutenant Governor of the State of Florida from 2003 through 2006, and she served as President of Jack Jennings & Sons, Inc., a commercial construction firm based in Orlando, Florida, from 1982 to 2003. She also served as Secretary and Treasurer of Jennings & Jennings, Inc., an architectural millwork firm based in Orlando, Florida. Ms. Jennings was a member of the Florida Senate from 1980 to 2000, and President of the Florida Senate from 1996 to 2000. She previously served in the Florida House of Representatives from 1976 to 1980. She is a member of the Board of Directors of FPL Group, a publicly-held company, SunTrust Bank/Central Florida and The Nemours Foundation, and she is Chair of the Board of the Florida Chamber of Commerce. She previously served as the Chair of Workforce Florida, Incorporated, and as a director with the Salvation Army Advisory Board, the University of Central Florida Foundation, Enterprise Florida, and the Florida Partnership for School Readiness. She is also a member of the Board of Trustees of Rollins College.

Organization Position Status
Brown & Brown, Inc. Board of Directors Current

Wendell Reilly (50) is the Managing Partner of Grapevine Partners, LLC, of Atlanta, Georgia, a private equity investment firm focused on media and communications. Previously he was Chairman and Chief Executive Officer of Grapevine Communications, LLC, a group of local TV stations that were merged to form Piedmont Television. Earlier he was the Chief Financial Officer of Haas Publishing and before that the Chief Financial Officer of The Lamar Corporation, the national outdoor advertising company. Mr. Reilly currently serves on the Board of Directors of Lamar Advertising Company, Piedmont Television, and Wesley Woods Center. He is also on the Board of Trustees of Emory University and The Paideia School. Mr. Reilly is a graduate of Emory University and earned an MBA in Finance from Vanderbilt University.

Organization Position Status
Brown & Brown, Inc. Board of Directors Current
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     BRO $17.99 +0.16 (0.90% )
Average Volume 643,609
Shares Outstanding 142.03M
Market Cap 2.6B
Year High 21.89
Year Low 14.95
Earnings Per Share 1.15
P/E Ratio 15.64
Dividend 0.31
Yield 1.72
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