ALCOS

ALCOS is an insurance intermediary that specializes in employee benefits, commercial and personal lines, life insurance, and benefits administration. Established in 1958, the company has undergone significant growth and expansion over the years. In 2001, it moved its headquarters to a 27,000 Sq' location in Sterling Heights, Michigan, and adopted the name ALCOS, Inc., becoming a member of the prestigious M Financial Group the same year. Throughout its history, ALCOS has made strategic acquisitions, including the merger with Fritsch-Kinney Yacht Insurance in 2003 and the acquisition of Mundus and Mundus in 2004. In 2007, ALCOS was acquired by Brown & Brown, the nation’s sixth-largest insurance intermediary, which has revenue exceeding $959 million and is traded on the New York Stock Exchange. Celebrating its 50th year in service, ALCOS currently operates with over 90 employees in four operating divisions spanning two locations, positioning itself as the sixth-largest business insurance agency in Michigan. With a comprehensive portfolio of insurance, employee benefit, and retirement planning services, ALCOS serves both businesses and individuals. This trajectory showcases ALCOS as a vibrant and growing company, now operating as a wholly owned subsidiary under Daytona, Fla.-based Brown & Brown’s leadership. The company's interweaving of historic acquisitions and significant expansions, coupled with its strong positioning in the market, signifies a substantial value proposition to potential investors and partners. As ALCOS propels into the future, its strategic evolution within the insurance and human resources industries, especially under the umbrella of Brown & Brown, presents compelling opportunities for investment and growth.