Brown & Brown, Inc. Promotes Linda Downs to Regional President
January 06 2011 - 5:42PM
Marketwired
The Board of Directors of Brown & Brown, Inc. (NYSE: BRO) today
announced that Linda S. Downs, CPCU, AAI, currently serving as
Senior Executive Vice President of the Company, has been elected a
Regional President. This promotion reflects Ms. Downs' assumption
of responsibility for the oversight of additional retail operations
of the Company in Michigan, New Jersey, New York and Ohio
. She will continue to be responsible for certain of
the Company's retail operations in Delaware, Georgia, Kentucky,
Illinois, Minnesota, Pennsylvania, South Carolina and Wisconsin,
and for Halcyon Underwriters, Inc., a wholesale brokerage division
operation in Orlando, Florida. Ms. Downs will also continue to
oversee certain corporate matters, including the Company's Benefits
Department and its Leadership Schools.
J. Powell Brown, President and Chief Executive Officer, stated,
"Linda's thirty-year tenure with Brown & Brown and her
experience in all aspects of our business uniquely qualify her to
take on these additional responsibilities."
Ms. Downs has been with Brown & Brown since 1980, when she
founded and commenced service as profit center leader of the
Orlando, Florida retail office, where she worked until 1998. She
was named Regional Executive Vice President in 2001, and she was
promoted to Executive Vice President for Leadership Development in
January 2006. She currently serves as director and as president or
in another executive officer capacity for several of our
subsidiaries. Ms. Downs is actively involved with Habitat for
Humanity and Women's Executive Leadership in addition to a number
of other charitable endeavors in Orlando and Daytona Beach,
Florida, and she is a past member of the Florida Symphony Board and
the Downtown (Orlando) Women's Executive Council. She holds both
the Chartered Property Casualty Underwriter (CPCU) and Accredited
Advisor of Insurance (AAI) designations.
Brown & Brown, Inc. and its subsidiaries offer a broad range
of insurance and reinsurance products and services, as well as risk
management, third-party administration, managed health care, and
Medicare set-aside services and programs. Providing service to
business, public entity, individual, trade and professional
association clients nationwide, the Company is ranked by Business
Insurance magazine as the United States' seventh largest
independent insurance intermediary. The Company's Web address is
www.bbinsurance.com.
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 the
Company's current belief regarding future events, many of which, by
their nature, are inherently uncertain and outside of the Company's
control. It is possible that the Company's actual results,
financial condition and achievements may differ, possibly
materially, from the anticipated results, financial condition and
achievements contemplated by these forward-looking statements.
Further information concerning the Company and its business,
including factors that potentially could materially affect the
Company's financial results and condition, as well as its other
achievements, are contained in the Company'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 the
Company 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 the Company
hereafter becomes aware.
Cory T. Walker Chief Financial Officer (386) 239-7250
Brown and Brown (NYSE:BRO)
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