Brown & Brown Inc - Company Profile

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Brown & Brown Inc: Overview

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Brown & Brown Inc (Brown & Brown) is a provider of insurance-based solutions, which serves 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 & 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, the UK, 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 15,201
Industry Financial Services
Ticker Symbol & Exchange BRO (NYSE)
Revenue (2022) $3.6B 17.1% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ 14.4% (2022 vs 2021)
Market Cap* $21.0B
Net Profit Margin (2022) XYZ -2.3% (2022 vs 2021)
* As of and is in US$
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
Business Solutions: Claims and Third-Party Administration
Employee Benefits Medicare Set-Aside and Social Security
Property & 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
2023 Contracts/Agreements In November, the company entered into an agreement to sell four claims and services businesses to Davies Group.
2023 Asset Purchase In October, the company acquired assets of Pacific Underwriters.
2023 Acquisitions/Mergers/Takeovers In October, the company announced the acquisition of Kentro Capital Limited.
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Competitor Comparison

Key Parameters Brown & Brown Inc Marsh & McLennan Companies Inc Aon Plc Willis Towers Watson PLC Arthur J. Gallagher & Co
Headquarters United States of America United States of America Ireland United Kingdom United States of America
City Daytona Beach New York Dublin London Rolling Meadows
State/Province Florida New York - England Illinois
No. of Employees 15,201 85,000 50,000 46,000 44,000
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
J. Hyatt Brown Chairman Executive Board 1993 85
J. Powell Brown Chief Executive Officer; President; Director Executive Board 2009 55
R. Andrew Watts Chief Financial Officer; Treasurer; Executive Vice President Senior Management 2014 54
K. Gray Nester II Chief Information Officer; Executive Vice President Senior Management 2021 47
Kiet Tran Chief Technology Officer Senior Management 2022 -
Non Dignissim Eros Proin vel Convallis 2023 XY
Non Dignissim Eros Proin vel Convallis 2023 XY
Non Dignissim Eros Proin vel Convallis 2023 XY
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