Brown & Brown Inc - Company Profile
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Brown & Brown Inc (Brown & Brown) is a diversified insurance agency and service company. The company primarily engages in marketing and selling insurance products and services, focusing on property, casualty, and employee benefits. Its major offerings include insurance programs, wholesale brokerage, and ancillary insurance operations such as reinsurance companies and captive insurance solutions. Brown & Brown serves a wide range of customers across industries such as healthcare, legal, automotive, and public entities, providing tailored insurance solutions. The company operates through a network of domestic and international locations, facilitating distribution across various markets. Its geographic presence spans numerous states in the US and international locations in Europe, Asia, and the Middle East. Brown & Brown is headquartered in Daytona Beach, Florida, the US.
Headquarters
United States of America
Address
1201 Hays Street, Daytona Beach, Florida, 32301
Website
www.bbrown.com/us/
Telephone
1 386 2529601
No of Employees
22,888
Industry
Financial Services
Ticker Symbol & Exchange
BRO (NYSE)
Revenue (2024)
$5.9B
22.8%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
6.1%
(2024 vs 2023)
Market Cap*
$22.9B
Net Profit Margin (2024)
XYZ
-13.6%
(2024 vs 2023)
* As of and is in US$
Brown & Brown Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Business Solutions: | Medicare Set-Aside and Social Security | Brown & Brown |
| Employee Benefits | Claims and Third-Party Administration | |
| Property and Casualty | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Acquisitions/Mergers/Takeovers | In February, Brown & Brown Dealer Services acquired The Protectorate Group Insurance Agency, Inc., doing business as American Adventure Insurance. |
| 2026 | Asset Purchase | In January, Bridge Specialty Group acquired the assets of Shoemaker & Besser Associates, Inc. |
| 2025 | Asset Purchase | In December, the company acquired the assets of J. Kevin Campbell Agency, Inc. |
Competitor Comparison
| Key Parameters | Brown & Brown Inc | Marsh & McLennan Companies Inc | Aon Plc | Arthur J. Gallagher & Co | Willis Towers Watson PLC |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | Ireland | United States of America | United Kingdom |
| City | Daytona Beach | New York | Dublin | Rolling Meadows | London |
| State/Province | Florida | New York | Leinster | Illinois | England |
| No. of Employees | 22,888 | 95,000 | 60,000 | 72,000 | 47,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| J. Hyatt Brown | Chairman | Executive Board | - | 88 |
| J. Powell Brown | Director; Chief Executive Officer; President | Executive Board | 2009 | 58 |
| R. Andrew Watts | Treasurer; Executive Vice President; Chief Financial Officer | Senior Management | 2014 | 57 |
| Stephen P. Hearn | President - Retail Segment; Chief Operating Officer; Executive Vice President | Senior Management | 2025 | 59 |
| Eileen Akerson | Chief Legal Officer | Senior Management | 2026 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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