Brown Plus Achieves Notable Recognition in the Audit Industry
Recently, Brown Plus has been celebrated for its outstanding performance in the audit realm, specifically within the realm of property and casualty (P&C) insurance. The firm, based in Frederick, has earned a significant spot on a prestigious list highlighting the top audit firms in the United States for the year 2025, according to a renowned industry evaluation. This acknowledgment marks a pivotal moment as it reflects the firm’s growth and commitment to excellence in its services.
Five Consecutive Years of Distinction
This recent accolade marks the fifth consecutive year Brown Plus has been recognized in this sphere, underscoring its continued dedication to delivering exceptional audit services to its clients. Being ranked among the largest audit firms servicing P&C providers illustrates the firm’s prominent role in supporting the insurance industry's financial integrity and operational excellence.
Milestone Rankings and Client Relationships
In a notable advancement, Brown Plus has been ranked as the 21st largest audit firm based on loss reserves for its P&C insurance clientele, which is up two spots from its previous ranking of #23. Furthermore, regarding the total number of P&C clients served, the firm now stands as the 8th largest audit firm in the United States, maintaining its status among the top auditors for two consecutive years.
Leadership Statement
Ken Wolfe, who holds the title of President and Managing Principal at Brown Plus, expressed his pride in these accomplishments, stating, "We are incredibly honored by this recognition, which truly reflects our commitment to supporting P&C insurers nationwide. Our talented team excels at providing industry-specific insights along with exceptional client service, which has fostered trust and strong relationships throughout the industry."
Understanding the Evaluation Process
The rankings published by a notable industry authority specifically evaluate independent accountants who audit P&C insurers' annual financial statements and third-party actuaries that provide necessary actuarial opinions on policy and claim reserves. The selection criteria for being listed among these top firms include an adherence to statutory financial accounting regulations and a thorough understanding of current standards established by regulatory entities.
Robust Services and Client Base
Brown Plus boasts a skilled insurance practice equipped with professionals who provide a comprehensive suite of audit and advisory services. This includes serving a diverse range of clients from emerging insurance firms to well-established companies boasting direct premiums exceeding $300 million. In 2025, the firm proudly supported 35 P&C insurance firms, further enhancing its reputation within the industry.
Diverse Client Portfolio
In addition to P&C insurers, Brown Plus also serves various entities such as captives, risk retention groups, self-insurance groups, health insurance providers, and more. The firm's extensive experience across these domains amplifies its capability to serve a variety of insurance clients, consolidating its stature as a significant player in the broader insurance sector.
About Brown Plus
Founded in 1990, Brown Plus has steadily evolved into a leading accounting and advisory firm throughout the United States. With offices across multiple locations, the firm is well-positioned to cater to its clients’ diverse needs. In the current year, it has been recognized as the 202nd largest accounting firm in the U.S. and a top regional firm in the Mid-Atlantic, reaffirming its stature in the industry.
Frequently Asked Questions
What recognition has Brown Plus received recently?
Brown Plus has been ranked as one of the top audit firms for property and casualty insurance companies in the U.S. in 2025.
How many years has Brown Plus received this recognition?
This recognition marks the fifth consecutive year that Brown Plus has been acknowledged for its exceptional audit services in the insurance sector.
What is the significance of the rankings by AM Best?
The rankings are based on the firms' performance in auditing property and casualty insurers' financial statements, focusing on loss reserves and client numbers.
What types of clients does Brown Plus serve?
Brown Plus serves a wide variety of clients, including P&C insurance companies, self-insurance groups, and health insurance entities, among others.
Where can I find more information about Brown Plus?
More information can be found on the Brown Plus official website, which details their services and expertise in the accounting field.