History

Driven by the alternative risk and captive movement of the mid-1970s, former senior officers of Risk Management, Inc., William Becher and Dave Carlson created Becher + Carlson in 1981. Their vision was to integrate risk management consulting; statistical, analytic, finance, and tax services; captive management services; and insurance or reinsurance brokerage services exclusively for large commercial accounts. Becher + Carlson remained independent until American Re-Insurance Company, one of the top providers of property and casualty reinsurance, acquired the company in December 1989. Under American Re’s ownership, Becher + Carlson continued to thrive evolving into a leading casualty and property brokerage integrated with alternative risk financing and actuarial services. Following American Re’s decision to divest itself of the company in 2003, key employees purchased it with the intention of leveraging its strengths and capabilities to develop into a world-class brokerage and alternative risk firm. Through key acquisitions and strong organic growth, the renamed Beecher Carlson went from ranking sixty-sixth on Business Insurance’s 2006 Top 100 Brokers in the United States to twenty-first in 2011.

Beecher Carlson was acquired by Brown & Brown, Inc. on July 1, 2013, becoming one of its large account risk management and consulting divisions. Brown & Brown Insurance had its humble beginnings in Daytona Beach, Florida in 1939, founded by cousins J. Adrian Brown and Charles Covington Owen. In 1961, Adrian’s second son, Hyatt, took over the leadership of the family usiness. Under his direction, the Brown & Brown vision of a lean and profit-oriented organization came into focus. In 1993, Brown & Brown became publicly traded on the New York Stock Exchange (NYSE:BRO). Since 2009, the company has continued to thrive under the leadership of Chief Executive Officer (CEO) J. Powell Brown, who became the third generation of the family leadership to guide the company.

Powered by a culture that values high performance and perseverance, Brown & Brown is arguably the most efficient operating platform in the insurance brokerage business. Brown & Brown consistently delivers high-quality solutions and services to a broad array of customers. With a precise and focused acquisition strategy, Brown & Brown has become one of the insurance industry’s most powerful and influential leaders.  For more information, please visit bbinsurance.com.