Brown & Brown Inc - Company Profile

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Brown & Brown Inc: Overview

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Brown & Brown Inc (Brown & Brown) is an insurance brokerage company. It offers insurance-based solutions to public entities, corporate, institutional, trade, association, professional, and individual customers. The company offerings comprise a wide range of insurance products, such as insurance for property and casualty, employers benefits, general liability, social security disability, automobile, cyber, workers' compensation umbrella, recreational vehicle, marine, homeowners, and health care professional liability, and medical malpractice. Brown & Brown also offers comprehensive claims and third-party administration services and Medicare set-aside and social security services. The company operates in Canada, Ireland, Bermuda, Belgium, the UK, Germany, France, Malaysia, Hong Kong, the UAE, the Netherlands and the Cayman Islands. Brown & Brown is headquartered in Daytona Beach, Florida, the US.

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Headquarters United States of America
Address 300 N. Beach Street, Daytona Beach, Florida, 32114
Website www.bbinsurance.com
Telephone 1 386 2529601
No of Employees 16,152
Industry Financial Services
Ticker Symbol & Exchange BRO (NYSE)
Revenue (2022) $4.3B 19.1% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ 29.6% (2022 vs 2021)
Market Cap* $23.1B
Net Profit Margin (2022) XYZ 8.8% (2022 vs 2021)
* As of and is in US$
View Brown & Brown Inc financials
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Brown & Brown Inc premium industry data and analytics

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Insurance Market Data Insights

Insight into market share and brand performance.

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Brown & Brown Inc’s likely spend across technology areas enabling you to understand the digital strategy.

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
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Acquisitions/Mergers/Takeovers In April, the company acquired the assets of Citrus Insurance Services, Inc. and CHAPP, Inc., providers of insurance services.
2024 Asset Purchase In March, the company acquired the assets of Hillco Insurance.
2024 Acquisitions/Mergers/Takeovers In February, the company’s subsidiary, Brown & Brown (Europe) Limited, completed the acquisition of Oxlea Investments Ltd, a financial service provider.
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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 - Illinois England
No. of Employees 16,152 85,000 50,000 52,000 48,000
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
J. Hyatt Brown Chairman Executive Board - 86
J. Powell Brown President; Chief Executive Officer; Director Executive Board 2009 56
R. Andrew Watts Executive Vice President; Treasurer; Chief Financial Officer Senior Management 2014 55
K. Gray Nester II Chief Information Officer; Executive Vice President Senior Management 2021 48
Kiet Tran Chief Technology Officer Senior Management 2022 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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