Downey Public Risk has been in operation since 1970, providing
insurance services for public entities. Most notably, Downey Public
Risk has performed as the administrator of Indiana Public
Employers' Plan (IPEP) for the past 20 years. IPEP is the largest
provider of public entity workers' compensation in the State of
Indiana, which provides coverage for as much as $1,000,000,000 in
public worker wages.
Downey joined Brown & Brown, Inc. in November, 2005. Brown
& Brown, Inc. and its 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. Providing service to business, public entity, individual,
trade and professional association clients nationwide, the Company
is ranked by Business Insurance magazine as the sixth
largest independent insurance intermediary not only in the United
States, but the world.
Brown & Brown, Inc. (symbol: BRO on NYSE), has significant
business holdings in Indiana. With the addition of Downey Public
Risk, recent estimates place Brown & Brown in the top five
providers of insurance administration and support services in
Indiana with nearly $200M in premium volume in the State. More
information on Brown & Brown may be found at www.bbinsurance.com.
Downey offers a full spectrum of services including
underwriting, rating, claims administration, comprehensive
reporting, and reinsurance brokerage.