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 Q1 2024

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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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DAYTONA BEACH, Fla., May 17, 2021 (GLOBE NEWSWIRE) -- J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and Robyn Piper and Jay Jordan, the principals of Piper Jordan, today announced that Brown & Brown has acquired substantially all of the assets of Piper Jordan.

Brown & Brown, Inc. Announces the Asset Acquisition of Piper Jordan

Does Brown & Brown (BRO) have what it takes to be a top stock pick for momentum investors? Let's find out.

Brown & Brown (BRO) Is Up 5.35% in One Week: What You Should Know

Brown & Brown, Inc. (BRO) CEO Powell Brown on Q1 2021 Results - Earnings Call Transcript

Brown & Brown's (BRO) first-quarter 2021 results reflect organic growth and improved commission and fees, offset by higher expenses.

Brown & Brown (BRO) Q1 Earnings & Revenues Beat Estimates

Brown & Brown (BRO) delivered earnings and revenue surprises of 25.00% and 8.00%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Brown & Brown (BRO) Surpasses Q1 Earnings and Revenue Estimates

Shares of Brown & Brown (NYSE:BRO) fell 1.3% in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share increased 37.25% year over year to $0.70, which beat the estimate of $0.58.

Brown & Brown: Q1 Earnings Insights

DAYTONA BEACH, Fla., April 26, 2021 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") today announced its unaudited financial results for the first quarter of 2021.

Brown & Brown, Inc. Announces Quarterly Revenues of $815.3 Million, an Increase of 16.7%, Diluted Net Income Per Share of $0.70, and a Quarterly Dividend of $0.0925 Per Share

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Brown & Browns' (BRO) subsidiary buys Leon Silver to enhance its insurance services.

Brown & Brown (BRO) Boosts Insurance Service With Leon Silver

DAYTONA BEACH, Fla., April 14, 2021 (GLOBE NEWSWIRE) -- J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and Steven V. Guarino, Michael S. Silver, and Shari M. Silver, the owners of Leon Silver Associates, LLC (Leon Silver), today announced that a Bridge Specialty Group company and subsidiary of Brown & Brown, Inc. has acquired substantially all of the assets of Leon Silver.

Bridge Specialty Group, LLC Announces the Asset Acquisition of Leon Silver Associates, LLC

DAYTONA BEACH, Fla., March 31, 2021 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) announces that it will release its 2021 first-quarter earnings on Monday, April 26, 2021, after the close of the market. On Tuesday, April 27, 2021, J. Powell Brown, President and Chief Executive Officer, and R. Andrew Watts, Executive Vice President and Chief Financial Officer of Brown & Brown, Inc., will host an investor update conference call concerning Brown & Brown's first-quarter 2021 financial results. You are invited to listen to the call, which will be broadcast live on Brown & Brown's Internet site at 8:00 a.m. EDT. Simply log on to www.bbinsurance.com and click on "Investor Relations" and then "Calendar of Events."

Brown & Brown, Inc. Announces 2021 First-Quarter Earnings Release and Conference Call Dates

Brown & Brown (BRO) is well poised for growth on the back of strategic mergers and acquisitions, new business opportunities, as well as sufficient liquid assets.

Here's Why Brown & Brown (BRO) Stock is a Solid Pick Now

DAYTONA BEACH, Fla., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) launches Bridge Specialty Group to encompass its broad portfolio of wholesale brands.

Introducing Bridge Specialty Group

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

Brown & Brown (BRO) Down 3.3% Since Last Earnings Report: Can It Rebound?

DAYTONA BEACH, Fla., Feb. 17, 2021 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the “Company”) has announced the appointment of Gray Nester as Chief Information Officer for Brown & Brown, effective immediately.

Brown & Brown, Inc. Announces Promotion of Gray Nester

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Brown & Brown, Inc. (BRO) CEO Powell Brown on Q4 2020 Results - Earnings Call Transcript

DAYTON BEACH, Fla., Jan. 25, 2021 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the “Company”) today announced the promotion of Stephen M. Boyd to the position of Executive Vice President and President of the Company's Wholesale Brokerage Segment.

Brown & Brown, Inc. Announces Promotion of Stephen M. Boyd to Lead Wholesale Brokerage Segment

Brown & Brown (BRO) delivered earnings and revenue surprises of 14.29% and 3.62%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Brown & Brown (BRO) Beats Q4 Earnings and Revenue Estimates

Shares of Brown & Brown (NYSE:BRO) moved higher by 0.8% in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 14.29% year over year to $0.32, which beat the estimate of $0.29.

Recap: Brown & Brown Q4 Earnings

DAYTONA BEACH, Fla., Jan. 25, 2021 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") today announced its unaudited financial results for the fourth quarter and full year of 2020.

Brown & Brown, Inc. Announces Quarterly Revenues of $642.1 Million, an Increase of 10.9%, and Diluted Net Income Per Share of $0.34

Brown & Brown (NYSE:BRO) announces its next round of earnings this Monday, January 25. Here is Benzinga's everything-that-matters guide for this Monday's Q4 earnings announcement.

A Preview Of Brown & Brown's Earnings

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

Why Earnings Season Could Be Great for Brown & Brown (BRO)?

DAYTONA BEACH, Fla., Jan. 15, 2021 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) today announced the completion of the previously announced acquisition of O'Leary Insurances by Brown & Brown, Inc.

News for Brown & Brown Stock (BRO)