Brown & Brown Inc. has named three new regional presidents in its retail division.
Phoenix-based John Esposito, Fort Lauderdale, Florida-based Michael Keeby and Hartford, Connecticut-based Don McGowan are the new regional presidents. They will be responsible for the retail division operations in their respective geographic regions as a part of Brown & Brown's senior leadership team, Brown & Brown said in a statement.
Previously, Mr. Esposito was president of Brown & Brown of Colorado. Mr. Keeby was executive vice president, Fort Lauderdale division, and Mr. McGowan was executive vice president, Brown & Brown of Connecticut.
Brown & Brown is the seventh-largest insurance brokerage worldwide, according to the latest Business Insurance ranking.
Brown & Brown Inc. reported first-quarter revenue of $424.2 million, up 4.9% from the same quarter last year despite competitive pressures and soft property pricing.