Brown & Brown Completes American Specialty Companies Acquisition

January 4, 2005

Brown & Brown Inc. (NYSE: BRO), with offices in Daytona Beach and Tampa, Fla. and American Specialty Companies, Inc., of Roanoke, Indiana, today announced the consummation of the previously announced asset acquisition American Specialty Companies Inc.

American Specialty Companies, with annualized revenues of approximately $13 million, is recognized as the nation’s leading provider of insurance and risk services for the sports and entertainment industry with clients in professional sports, motor sports, amateur sports, and the entertainment industry. American Specialty will continue to operate from its corporate campus in Roanoke, Ind., as a stand-alone Brown & Brown operation.

Brown & Brown Inc.’s subsidiaries offer a broad range of insurance and reinsurance products and services, as well as risk management, third-party administration, and managed health care programs.

Topics Mergers & Acquisitions

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