Many think this will kick-start the long awaited revitalization of Downtown Daytona Beach. Similar to Downtown DeLand, the area has several “ma & pop” shops and restaurants along Beach Street that is adjacent to the Halifax River. Popular landmarks in the area include the News-Journal Center and City Island, the home of the Daytona Beach Public Library and Jackie Robinson Ballpark.
Brown & Brown is the sixth largest insurance agency in the country and the seventh largest in the world based on annual revenue. It is one of four locally-based public companies and its stock shares are traded on the New York Stock Exchange under the symbol BRO. Here are a few other key facts about Brown & Brown.
Year founded: 1939
Number of employees companywide: 8,600+
Number of employees in Daytona Beach: 353
Number of offices nationally: 240+ in 43 states
Locations in Daytona Beach: 2
Number of offices in other countries: 4
First year annual revenues topped $1 billion: 2011
2016 revenues: $1.76 billion (record high)
2017 revenues year-to-date (through first two quarters): $931.4 million
Number of acquisitions so far this year: 7
Year it became a public company: 1993
Stock symbol on the New York Stock Exchange: BRO
Chairman: J. Hyatt Brown
CEO: J. Powell Brown (Hyatt’s eldest son)