PFI’s financial strength and stability are complemented by Brown and Brown, Inc.’s ranking among top ten largest independent insurance intermediaries in the world.
As a wholly-owned subsidiary of Brown & Brown, Inc., PFI has the financial support to invest in its proprietary technology, insurance products, people and infrastructure to continually respond to the changing regulatory and servicing needs of mortgage servicers. Listed on the New York Stock Exchange (BRO), Brown & Brown is a $4.5 billion market cap company and part of the Standard & Poor’s Mid Cap 400 Index.
Acquired in 2004, PFI is part of the National Programs division within the Brown & Brown corporate structure. PFI’s financials are incorporated into the National Programs Divisions overall performance and can be found in the 2013 Annual Report on page 53.
Brown & Brown is headquartered in Daytona Beach and Tampa, Florida, with origins dating back to 1939 and incorporated under Florida laws in 1959. Brown & Brown and its subsidiaries offer a broad range of insurance and reinsurance products and services, as well as risk management, third party administration, managed health care and Medicare set-aside services and programs. Providing service to business, public entity, individual, trade and professional association clients nationwide, Brown & Brown is highly regarded for its 68 years of proven experience in providing the insurance programs necessary to properly protect every type of business enterprise.