Downey Public Risk is glad to announce that Downey Public Risk
is now doing business as Public Risk Underwriters, LLC.
Downey Insurance joined Brown & Brown Insurance 12 years ago
and has experienced various segments of growth, each resulting in a
different business identity. After providing public entity
services under the name "Downey Public Risk", the time has now come
for the growing subsidiary to assume its long-term legal name as
the day-to-day operating identity. Beginning immediately, we
will be moving away from the d/b/a Downey Public Risk, to the more
descriptive "Public Risk Underwriters of Indiana, LLC".
We appreciate the business and support of all our agent partners
throughout Indiana and look forward to a successful future.
Public Risk Underwriters has been in operation since 1970,
providing insurance services for public entities. Most notably,
Public Risk Underwriters 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.
PRU 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 PRU, 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.
PRU offers a full spectrum of services including underwriting,
rating, claims administration, comprehensive reporting, and