Accounting Functions at Brown and Brown, Inc. Research Paper by Peter Pen

Accounting Functions at Brown and Brown, Inc.
This paper describes accounting management at Brown and Brown, Inc., a major independent insurance intermediary organization in the U.S.
# 92229 | 2,864 words | 4 sources | APA | 2007
Published on Feb 16, 2007 in Accounting (Managerial) , Business (Accounting) , Business (Companies) , Business (Human Resources)

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This paper is an in-depth study of Brown and Brown, Inc, the eighth largest independent insurance intermediary organization in the U.S. The paper outlines the business goals of the organization and includes a brief history. Their accounting practices are evaluated as well as employee satisfaction. The author believes the company's CEO is responsible for motivating his employees and creating a culture of professional development and success at Brown and Brown.

From the Paper:

"Brown & Brown markets and sells property/casualty insurance and employee benefit products and services. The company offers a broad range of insurance and reinsurance products and services, as well as risk management, third party administration and managed health care programs in their four divisions: Retail, National Programs, Service, and Brokerage Divisions.
Brown & Browns 2004 strategic plan consists of four basic tenets that states

Brown & Brown is in the:

- Money Making Business
- People Recruiting & Enhancing Business
- Selling & Servicing Insurance Business
- No Big Mistakes Business

Headquartered in Daytona Beach and Tampa, Florida, Brown & Brown is a publicly traded company with 120 branches located in 30 states with 3,517 full-time employees as of December 31, 2003. (Annual Report p. 31) There are nine members on the Board of Directors, 13 corporate officers including 7 regional Executive Vice Presidents (Regional Managers). "

Sample of Sources Used:

  • Brown & Brown Incorporated web sites, 2004: (public site), and www.BBIns,com (employee only site).
  • Brown & Brown, Incorporated, 2003 Annual Report,
  • Kirkey, L. M. (Personal Communication, October 2004)
  • Klutzke, L. (Personal Communication, October 2004)

Cite this Research Paper:

APA Format

Accounting Functions at Brown and Brown, Inc. (2007, February 16) Retrieved October 04, 2022, from

MLA Format

"Accounting Functions at Brown and Brown, Inc." 16 February 2007. Web. 04 October. 2022. <>