Driven by the alternative risk and captive movement of the mid-1970s, former senior officers of Risk Management, Inc., William Becher and Dave Carlson created Becher + Carlson in 1981. Their vision was to integrate risk management consulting; statistical, analytic, finance, and tax services; captive management services; and insurance or reinsurance brokerage services exclusively for large commercial accounts. Becher + Carlson remained independent until American Re-Insurance Company, one of the top providers of property and casualty reinsurance, acquired the company in December 1989. Under American Re’s ownership, Becher + Carlson continued to thrive evolving into a leading casualty and property brokerage integrated with alternative risk financing and actuarial services. Following American Re’s decision to divest itself of the company in 2003, key employees purchased it with the intention of leveraging its strengths and capabilities to develop into a world-class brokerage and alternative risk firm. Through key acquisitions and strong organic growth, the renamed Beecher Carlson went from ranking sixty-sixth on Business Insurance’s 2006 Top 100 Brokers in the United States to twenty-first in 2011.
Beecher Carlson was acquired by Brown & Brown, Inc. on July 1, 2013, becoming its specialized large account division. Brown & Brown, Inc. is one of the nation’s leading independent insurance intermediaries with more than 6,000 employees and 190 profit centers in thirty-eight states. It is ranked the sixth largest insurance brokerage in the United States and the seventh largest brokerage worldwide by Business Insurance magazine. For more information about Brown & Brown, visit www.bbinsurance.com.