Indiana Public Employers Plan

Downey Public Risk

Based in Kokomo, Indiana, Downey Public Risk has more than 40 years' experience in the insurance industry. Our motto is "Protecting Those Who Serve" because we insure those police officers, firefighters, emergency responders, school bus drivers and other invaluable public servants who put their lives on the line every day for the public good.

Downey Public Risk has been in operation since 1970, providing insurance services for public entities. Most notably, Downey Public Risk has performed as the administrator of Indiana Public Employers' Plan (IPEP) for the past 20 years. IPEP is the largest provider of public entity workers' compensation in the State of Indiana, which provides coverage for as much as $1,000,000,000 in public worker wages.

Downey joined Brown & Brown, Inc. in November, 2015. Brown & Brown, Inc. and its subsidiaries offer a broad range of insurance and reinsurance products and services, as well as risk management, third party administration, and managed health care programs. Providing service to business, public entity, individual, trade and professional association clients nationwide, the Company is ranked by Business Insurance magazine as the sixth largest independent insurance intermediary not only in the United States, but the world.

Brown & Brown, Inc. (symbol: BRO on NYSE), has significant business holdings in Indiana. With the addition of Downey Public Risk, recent estimates place Brown & Brown in the top five providers of insurance administration and support services in Indiana with nearly $200M in premium volume in the State. More information on Brown & Brown may be found atwww.bbinsurance.com.

Downey offers a full spectrum of services including underwriting, rating, claims administration, comprehensive reporting, and reinsurance brokerage. More information about Downey Public Risk may be found at www.downeypublicrisk.com.