ALCOS logo — An insurance intermediary specializing in employee benefits,...

ALCOS

An insurance intermediary specializing in employee benefits, commercial and personal lines, life insurance, and benefits administration.

Founded 1939 United States Daytona Beach, United States 71 employees Insurance, Life insurance +1

General Information

Company Name ALCOS
Founded Year 1939
Location United States Daytona Beach, United States
Employees 71
Industries Insurance, Life insurance, Human Resources
Social

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About 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.

Taxonomy: Insurance Intermediary, Employee Benefits, Commercial Insurance, Personal Lines Insurance, Life Insurance, Benefits Administration, Mergers and Acquisitions, Company Growth, Business Expansion, Corporate Executives, Wealth Management, Insurance Acquisitions, Industry Consolidation, Strategic Partnerships, Insurance Agency

No funding data available for ALCOS yet.

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FAQ About ALCOS

An insurance intermediary specializing in employee benefits, commercial and personal lines, life insurance, and benefits administration.
ALCOS was founded in 1939.
ALCOS is headquartered in Daytona Beach, United States.
ALCOS operates in Insurance, Life insurance and Human Resources. Its work centres on Insurance Intermediary, Employee Benefits, Commercial Insurance and Personal Lines Insurance.
ALCOS has approximately 71 employees.
Top alternatives and competitors to ALCOS include SupraBrokers, Relation Insurance - G2 Group, Alcorn Insurance Agency, Inc., Auto-Owners Insurance, GIB Group. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ALCOS and SupraBrokers are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for ALCOS, https://bouncewatch.com/company/alcos, updated 4 January 2025. When citing, please name BounceWatch and link this page.

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