User:Brownsins

Brown’s Insurance Agency, Inc.

A Brief History

Brown’s Insurance Agency was founded July 1, 1976 by William E. Brown. It was incorporated 4/1/78. The business flourished as a provider of insurance services through the 1980’s. Starting with just three employees in 1978, the business has continued to grow. Jeffrey N. Brown, the son of William Brown, joined the firm full time March 1, 1983 after graduating from Radford University with a degree in Finance & Insurance (Economics minor). Michael C. Brown joined the firm in 1985 after attending The College of William & Mary for two years. Effective June 30, 1988, William E. Brown sold his interest in the agency to the two sons (Jeff & Mike) and retired.

Since June 1988, the agency has grown from approximately $3 million in annual premium volume to approximately $9.0 million in the year that will end 03/31/08. Currently, 70% of the volume is derived from commercial property/casualty clients, consisting of approximately 1100 clients. The remaining 30% of the volume is derived from personal lines clients.

In 2004, Brown's moved it's location from 9014 Mathis Avenue (2000 sq. ft.) to our current location at 9168-9170 Prince William Street (3900 sq. ft.). This transfer allowed us to continue our growth spurt. And in 2007 Brown's hired top producing agent, Eric Young to fuel continued growth. There are currently 12 licensed agents employed by Brown's.