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Brown & Brown is a prominent insurance brokerage firm based in Daytona Beach, Florida, with a history that dates back to 1939. Originally founded as Brown & Owen, the company has grown to become one of the largest insurance intermediaries globally and is publicly traded on the NYSE under the ticker BRO. It has been part of the S&P 500 since 2021 and has earned recognition as a Great Place to Work Certified™ company since 2018. The company operates through four main business segments: Business Insurance, which offers tailored risk management solutions; Personal Insurance, providing coverage for high-net-worth individuals; Programs & Underwriting, managing niche insurance programs; and Wholesale Brokerage, serving as an intermediary for agents and carriers. Brown & Brown emphasizes a customer-focused approach and has achieved significant growth through both organic expansion and strategic acquisitions. Its diverse service offerings cater to businesses, individuals, and insurance agents, reinforcing its position as a leader in the insurance industry.
In 2015, an important group of investors alongside a group of experienced professionals in the Reinsurance industry, acquired a majority interest in MBI Americas. Now, XS Global, a well-known regional MGA and Coverholder at Lloyds. The groups footprint and ambitions now encompass the underwriting space, utilizing strong synergies that exist between the groups core business strategy. Our unique structure provides us opportunities to deploy targeted reinsurance capacity both directly to corporates and to retail brokers via expert and locally based underwriters. We are proud to say we invest in talent and our team has proven skills, excellent access, and a proven track record for underwriting profitable business in the Latin America region and beyond.
The M+A name represents two powerful brands – Mountville and Andersen – with nearly a century of combined experience developing and manufacturing mats designed to make environments safer, cleaner, and more comfortable. In 1963, the late Emmett Hart, with his wife Nancy by his side, established Mountville Mills. A little over a decade later, in 1974, the late Walter Andersen established The Andersen Company. Throughout the years, the companies drove innovations in their respective markets; Mountville in the textile rental market, and Andersen in the janitorial/sanitary supply markets. Outstanding quality and customer service paved the way for future generations of Harts and Andersens to expand the business. In 1999, these flagship brands joined forces to become the largest mat manufacturer in the world, and in 2018 we made the union official with a name change to M+A Matting. For decades, weve been a symbol of quality and customer service. Were the driving force in the mat industry, developing the next generation of mats designed to provide superior safety, cleanliness, and comfort to workers and customers across the world. Our diverse product mix is a direct reflection of our diverse customers and end users who span virtually every industry – healthcare, hospitality, food service, retail, education, industrial, and commercial.