Brown & Brown, Inc. is an insurance agency, wholesale brokerage, insurance programs and service organization. It engages in the provision of insurance brokerage services and casualty insurance underwriting services. It operates through the following segments: Retail, National Programs & Wholesale Brokerage and Services. The Retail Segment receives fees in lieu of commissions. The National Programs and Wholesale Brokerage Segments earns fees for the issuing of insurance policies on behalf of insurance carriers. The Services segment provides insurance-related services which include third-party claims administration and comprehensive medical utilization management services. The company was founded by J. Adrian Brown and Charles Covington Owen in 1939 and is headquartered in Daytona Beach, FL.