Brown & Brown, Inc. Completes Acquisition of Beecher Carlson Holdings, Inc.
DAYTONA BEACH, FL and TAMPA, FL -- (Marketwired) -- 07/01/13 --
Brown & Brown, Inc. (NYSE: BRO) today announced the completion of the
previously-announced acquisition by merger of Beecher Carlson
Holdings, Inc. ("Beecher Carlson") by Brown & Brown, Inc.
Brown & Brown, Inc., through its subsidiaries, offers a broad range
of insurance and reinsurance products and related services.
Additionally, certain Brown & Brown subsidiaries offer a variety of
risk management, third-party administration, and other services.
Serving business, public entity, individual, trade and professional
association clients nationwide, Brown & Brown is ranked by Business
Insurance magazine as the United States' sixth-largest independent
insurance intermediary. Brown & Brown's Web address is
www.bbinsurance.com. Beecher Carlson's Web address is
This press release may contain certain statements relating to future
results which are forward-looking statements. These statements are
not historical facts, but instead represent only Brown & Brown's
current belief regarding future events, many of which, by their
nature, are inherently uncertain and outside of Brown & Brown's
control. It is possible that Brown & Brown's actual results and
financial condition may differ, possibly materially, from the
anticipated results and financial condition indicated in these
forward-looking statements. Further information concerning Brown &
Brown and its business, including factors that potentially could
materially affect Brown & Brown's financial results and condition, as
well as its other achievements, is contained in Brown & Brown's
filings with the Securities and Exchange Commission. All
forward-looking statements made herein are made only as of the date
of this release, and Brown & Brown does not undertake any obligation
to publicly update or correct any forward-looking statements to
reflect events or circumstances that subsequently occur or of which
Brown & Brown hereafter becomes aware.
Cory T. Walker
Chief Financial Officer
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