May 1st 2009 name of the company has been changed to Brown and Brown of Detroit.
In 2001 continued growth and expansion caused the company to move its headquarters to its present 27,000 Sq' location in Sterling Heights, Michigan. With this transition, The Allied Companies adopted the name, ALCOS, Inc., an abbreviation of the Allied Companies. In the same year ALCOS became a member of the prestigious M Financial Group whose buying power helps the company serve the insurance and executive benefit needs of the ultra-affluent and corporate executives.
In2003, ALCOS merged Fritsch-Kinney Yacht Insurance, a premier yacht insurance agency which began serving Great Lakes boaters in 1875. The Fritsch-Kinney name remains a hallmark name today. In 2004, the Company acquired Mundus and Mundus, and maintains its office in Ann Arbor, Mich.
In 2007 ALCOS was acquired by Brown & Brown, the nation’s sixth largest insurance intermediary. With revenue exceeding $959 million, Brown & Brown is traded on the New York Stock Exchange, symbol (BRO). Now a wholly owned subsidiary, ALCOS remains vibrant and continues to grow and prosper as a decentralized company under the Daytona, Fla.-based corporation’s leadership. Visit Brown & Brown at www.bbinsurance.com.
This year, ALCOS is celebrating its 50th year serving the community with over 90 employees in four operating divisions at two locations. It is the 6th largest business insurance agency in Michigan according to Crain's Detroit Business. ALCOS offers a complete portfolio of insurance, employee benefit and retirement planning services to business and individuals alike.