Brown & Brown

Brown & Brown, Inc. is an insurance agency, wholesale brokerage, insurance program and service organization. It engages in the provision of insurance brokerage services and casualty insurance underwriting services. It operates through the following segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail Segment receives fees in lieu of commissions. The National Programs segment acts as a managing general agent and provides professional liability and related package products for certain professionals, a range of insurance products for individuals, flood coverage, and targeted products and services designated for specific industries, trade groups, governmental entities and market niches. The Wholesale Brokerage segment markets and sells excess and surplus commercial and personal lines insurance, primarily through independent agents and brokers, as well as the company’s retail agents. The Services segment provides insurance-related services, including third-party claims administration and comprehensive medical utilization management services in both the workers' compensation and all-lines liability arenas, as well as Medicare Set-aside services, social security disability and Medicare benefits advocacy services and claims adjusting services. The company was founded by J. Adrian Brown and Charles Covington Owen in 1939 and is headquartered in Daytona Beach, FL.

Earnings data Q1 2021

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Earnings data Q4 2024

Brown & Brown excels in Q1 2023, navigating market challenges

Brown & Brown's Q1 performance reflects resilience and strategic adaptability amidst market challenges, with a focus on sustainable growth.
The company's strong financial metrics, active M&A strategy, and operational efficiency underscore its competitive positioning in the industry.
Navigating economic uncertainties and industry dynamics, Brown & Brown remains poised to capitalize on growth opportunities and drive shareholder value.

Brown & Brown reports stellar Q2 results amidst insurance market challenges

Brown & Brown's strong financial performance in Q2 2023 was driven by robust revenue growth and margin expansion.
While facing challenges in certain segments and markets, the company's strategic acquisitions and operational focus position it well for future growth.
Opportunities in the insurance marketplace and board enhancements provide avenues for continued success and value creation.

Brown & Brown excels in Q3, eyes sustainable growth strategies

Brown & Brown's Q3 performance reflects robust financial health, marked by strong revenue growth, margin expansion, and increased profitability.
While facing challenges from inflation and a competitive insurance marketplace, the company's strategic strengths in acquisitions and operational efficiency position it well for future growth.
Opportunities lie in leveraging organic growth momentum, maintaining customer relationships, and prudent debt management to drive sustained performance and shareholder value.

Brown & Brown excels in Q4, sets sights on $8B revenue goal

Brown & Brown demonstrated strong financial performance in Q4 2023, driven by revenue growth, acquisitions, and operational efficiency.
While facing challenges in the insurance marketplace and revenue generation, the company's positive outlook for 2024 and strategic initiatives offer growth opportunities.
With a focus on organic growth, operational excellence, and strategic investments, Brown & Brown aims to achieve its new revenue goal of $8 billion.

Brown & Brown reports robust Q1 performance amidst industry challenges

Brown & Brown's Q1 performance showcased strong revenue growth, margin improvement, and EPS growth. The company's competitive M&A stance and segment-wise organic growth are key highlights.
Navigating challenges like inflation, labor shortages, and tax impacts, Brown & Brown remains focused on growth opportunities. Market actions, acquisitions, and underwriting performance drive the company's success.
With opportunities in acquisitions, liability pricing, and market positioning, Brown & Brown is poised for continued growth. The company's ability to adapt to industry challenges while capitalizing on strengths positions it well for the future.
Stability in segments, growth in contingent commissions, and a focus on organic and overseas growth underscore Brown & Brown's resilience and strategic outlook.

Brown & Brown excels in Q2 2024, eyes growth amid challenges

Brown & Brown's Q2 2024 performance reflects robust growth, operational efficiency, and strategic expansion through acquisitions.
While facing challenges in specific insurance markets and potential storm impacts, the company remains well-positioned for continued growth.
With strong financial stability, diverse segment growth, and market opportunities, Brown & Brown is poised for sustained success in the future.

Brown & Brown reports stellar Q3 results, eyes strategic growth

Brown & Brown's Q3 performance reflects resilience and strategic focus amidst market challenges, with strong revenue growth and operational efficiency.
The company's diversified revenue streams, robust M&A pipeline, and optimism for future growth underscore its long-term sustainability and value creation.
Challenges in casualty insurance and nonrecurring revenue impacts are being addressed through strategic risk management and mitigation strategies.
Overall, Brown & Brown's solid financial health, strong cash flow generation, and growth opportunities position it well for continued success in the market.

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Strong performing segments, strategic buyouts to capitalize on growing markets opportunities, sturdy financial standing and effective capital deployment continue to drive Brown & Brown (BRO).

Brown & Brown (BRO) Up 35% in a Year: More Upside Left?

Overview of the Insurance Brokerage Industry. Insurance premiums are generally tied to inflation.

Brown & Brown: Insurance Brokerages Won The Pandemic

Brown & Brown's (BRO) decision to buy Global Risk Partners reflects its continuous effort to expand its footprint, add capabilities and boost operations.

Brown & Brown (BRO) to Expand in Europe With GRP Buyout

DAYTONA BEACH, Fla., March 07, 2022 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), Searchlight and the management ownership team of Global Risk Partners Limited ("GRP"), today announced that the parties have entered into an agreement to acquire the GRP insurance operations. The transaction is expected to close in the third quarter of 2022, subject to certain closing conditions, including the receipt of required regulatory approvals for the Acquisition (including the approval of the Financial Conduct Authority of the United Kingdom).

Brown & Brown, Inc. enters into agreement to acquire Global Risk Partners Limited

DAYTONA BEACH, Fla., Feb. 28, 2022 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and the ownership team of Orchid Underwriters Agency (“Orchid”) and CrossCover Insurance Services (“CrossCover”), today announced that Brown & Brown, Inc. (Brown & Brown) has entered into an agreement to acquire Orchid and CrossCover. The transaction is expected to close before April 2022, subject to certain closing conditions.

Brown & Brown, Inc. enters into agreement to acquire Orchid Underwriters Agency and CrossCover Insurance Services

Brown & Brown (BRO) reported earnings 30 days ago. What's next for the stock?

Why Is Brown & Brown (BRO) Up 2% Since Last Earnings Report?

DAYTONA BEACH, Fla., Feb. 07, 2022 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and the management ownership team of the BdB Limited companies (“BdB”), today announced that Brown & Brown, Inc. (Brown & Brown) has entered into an agreement to acquire the general insurance operating companies of BdB. The transaction is expected to close in the second quarter of 2022, subject to certain closing conditions.

Brown & Brown, Inc. enters into agreement to acquire BdB Limited companies

DAYTONA BEACH, Fla., Feb. 03, 2022 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces that the S&P Dow Jones Indices has added the company to the S&P 500 Dividend Artistocrats Index before market open on February 1, 2022.

Brown & Brown, Inc. added to S&P 500 Dividend Aristocrats Index

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Key Takeaways There will be ten new additions to either the S&P 500 Dividend Aristocrats Index or the S&P High Dividend Aristocrats Index in February, including CFRA Hold recommended Brown & Brown (BRO) and Royal Gold (RGLD). ProShares S&P 500 Dividend Aristocrats ETF (NOBL) and SPDR S&P Dividend ETF (SDY) track these historical dividend growth [.

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Brown & Brown (BRO) Q4 earnings reflect improved organic growth and margin expansion.

Brown & Brown (BRO) Q4 Earnings & Revenues Top, Rise Y/Y

Brown & Brown, Inc. (BRO) CEO Powell Brown on Q4 2021 Results - Earnings Call Transcript

DAYTONA BEACH, Fla., Jan. 24, 2022 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") today announced its unaudited financial results for the fourth quarter and full year of 2021.

Brown & Brown, Inc. announces quarterly revenues of $738.5 million, an increase of 15.0%, diluted net income per share of $0.36 and Diluted Net Income Per Share - Adjusted of $0.42

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Brown & Brown (BRO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Brown & Brown (BRO) Might Surprise This Earnings Season

Improving new business, solid retention and continued rate increases for most lines of coverage should drive growth for Brown and Brown (BRO).

Here's Why Buying Brown and Brown (BRO) Stock Seems Prudent

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Brown & Brown's (BRO) buyout of HARCO Insurance reflects its continuous efforts to expand its footprint, add capabilities and boost operations.

Brown & Brown (BRO) Expands in Texas With HARCO Acquisition

DAYTONA BEACH, Fla., Jan. 03, 2022 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE: BRO), and Christopher (“Chris”) L. Goff, Willis (“Josh”) J. Hargrave, III, and Geraldeen (“Gerri”) Rougeau-Eubank, the principals of HARCO Insurance Services, Inc. d/b/a HARCO Insurance Services and Lone Star Affiliates, Inc. d/b/a HARCO Financial Services (collectively, “HARCO”), today announced that Brown & Brown Lone Star Insurance Services, Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of HARCO.

Brown & Brown, Inc. announces the asset acquisition of HARCO Insurance Services and HARCO Financial Services

DAYTONA BEACH, Fla., Dec. 31, 2021 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces it will release its 2021 fourth-quarter earnings on Monday, January 24, 2022, after the close of the market. On Tuesday, January 25, 2022, J. Powell Brown, Brown & Brown's president and chief executive officer, and R. Andrew Watts, Brown & Brown's executive vice president and chief financial officer, will host an investor update conference call concerning Brown & Brown's fourth-quarter 2021 financial results. You are invited to listen to the call, which will be broadcast live on Brown & Brown's website at 8:00 a.m. EST. Simply log on to www.bbinsurance.com and click on "Investor Relations" and then "Calendar of Events."

Brown & Brown, Inc. announces 2021 fourth-quarter earnings release and conference call dates

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Brown & Brown's (BRO) unit BBDS acquires Rainmaker Advisory to foray into the West Coast.

Brown & Brown (BRO) Stock Up on Rainmaker Advisory Buyout

Brown & Brown's (BRO) unit BBDS acquires Dealer Admin Services to enhance its existing capabilities.

Brown & Brown (BRO) Acquires Dealer Admin Services, Stock Up

DAYTONA BEACH, Fla., Dec. 14, 2021 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Ryan Hanlon, owner of Rainmaker Advisory, LLC (“Rainmaker”), today announced that Brown & Brown Dealer Services (“BBDS”) has acquired substantially all of the assets of Rainmaker.

Brown & Brown, Inc. announces the acquisition of Rainmaker Advisory, LLC by Brown & Brown Dealer Services

Brown & Brown's (BRO) buyout of Corporate Insurance Advisors reflects its continuous efforts to expand footprint, add capabilities and boost operations.

Brown & Brown (BRO) Expands in South Florida With Buyout

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We have narrowed our search to five large-cap insurers with strong growth potential for the rest of 2021. These are, FNF, CINF, BRO, WRB and AFL.

News for Brown & Brown Stock (BRO)