DAYTONA BEACH, FL and TAMPA, FL, Jan 31, 2012 (MARKETWIRE via COMTEX) --Brown & Brown, Inc. (NYSE: BRO) today announced that Chris L.
Walker has been elected Regional Executive Vice President of the
Company. Mr. Walker will oversee all of the operations of Arrowhead
General Insurance Agency, Inc., a subsidiary of the Company based in
San Diego, California that was acquired effective January 9, 2012.
Mr. Walker will report to J. Hyatt Brown, Chairman and acting
President and Chief Executive Officer of the Company.
Hyatt Brown stated, "In his position as the Chief Executive Officer
of Arrowhead, Chris has demonstrated the leadership skills,
experience and dedication that are the hallmark of Brown & Brown's
senior leadership team. The Arrowhead team, led by Chris, is a
significant addition to the Company's National Programs and Services
Divisions, and we look forward to his participation in the continued
expansion of our offerings and activities."
Mr. Walker has been involved with Arrowhead's business development
strategies, product expansion, acquisitions and the overall
operations and infrastructure since joining the organization in 2003.
Prior to that, he served as Vice Chairman of Aon Re. Mr. Walker's
insurance career began with the reinsurance intermediary E.W. Blanch
Co., where he ultimately served as Chairman and CEO of E.W. Blanch
Holdings. Mr. Walker previously served as Chairman of the Brokers and
Reinsurance Markets Association.
Brown & Brown, Inc., through its subsidiaries, offers 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
SOURCE: Brown & Brown, Inc.
