Brown & Brown Overview

  • Year Founded
  • 1939

Year Founded

  • Status
  • Public

  • Employees
  • 16,152

Employees

  • Stock Symbol
  • BRO

Stock Symbol

  • Investments
  • 265

  • Share Price
  • $93.02
  • (As of Friday Closing)

Brown & Brown General Information

Description

Brown & Brown Inc is an insurance agent and broker that offers insurance products and services, primarily in the areas of property, casualty, and employee benefits, by connecting customers with insurance companies. It earns its revenue via commissions from insurance companies and direct fees from customers, and it generally has no underwriting risk exposure. More than half of its revenue is from its retail segment, which provides a broad range of insurance products and services to entities and individuals. Roughly a fourth of revenue is from its national programs segment, which provides, among other things, professional liability coverage for professionals. The company operates primarily in the United States, with its highest exposure in Florida.

Contact Information

Website
www.bbrown.com
Formerly Known As
Brown & Owen, Poe & Brown
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Insurance Brokers
Stock Exchange
NYS
Corporate Office
  • 300 North Beach Street
  • Daytona Beach, FL 32114
  • United States
+1 (386) 000-0000

Brown & Brown Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Brown & Brown Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$93.02 $92.89 $65.98 - $93.11 $26.5B 285M 1.2M $3.26

Brown & Brown Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 28,287,025 23,354,852 19,843,778 21,107,619
Revenue 4,321,500 4,199,400 3,563,200 3,047,500
EBITDA 1,623,800 1,549,800 1,210,100 980,700
Net Income 928,000 870,500 671,800 587,100
Total Assets 14,806,000 14,883,400 13,973,500 9,795,400
Total Debt 4,062,000 4,019,600 4,183,000 2,246,300
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Brown & Brown Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Brown & Brown Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Brown & Brown Inc is an insurance agent and broker that offers insurance products and services, primarily in the areas o
Insurance Brokers
Daytona Beach, FL
16,152 As of 2023
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000000000 0000000
Irvine, CA
00000 As of 0000
00.000
000000000000 00.000

000000

d minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea
000000000 0000000
Tacoma, WA
000 As of 0000
0000
000000000000 0000
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Brown & Brown Competitors (49)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Alliant Insurance Services Private Equity-Backed Irvine, CA 00000 00.000 000000000000 00.000
Propel Insurance Private Equity-Backed Tacoma, WA 000 0000 000000000000 0000
AmWINS Private Equity-Backed Charlotte, NC 0000 00000 0000000 0000 00000
Tysers Private Equity-Backed London, United Kingdom 0000 000.00 000000&0
Parker Smith & Feek Private Equity-Backed Bellevue, WA 000 000000000000
You’re viewing 5 of 49 competitors. Get the full list »

Brown & Brown Patents

Brown & Brown Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20040148201-A1 Insurance management system Inactive 27-Jan-2003 000000000 00
US-3473755-A Automatic laying and retrieving ground cover apparatus Inactive 15-Jul-1968 000000000 0
CA-675490-A Float guide for a sewer regulator Inactive 03-Dec-1963
US-3101737-A Sewer regulator operating apparatus Inactive 10-Apr-1962 000000000 0
US-3022666-A Float guide for a sewer regulator Inactive 03-Aug-1960 E03F5/107 0
To view Brown & Brown’s complete patent history, request access »

Brown & Brown Executive Team (95)

Name Title Board Seat Contact Info
Mike Bruce Senior Vice President & Chief Executive Officer of Brown & Brown Europe
J. Brown President, Chief Executive Officer & Director
Chris Walker Executive Vice President & President
Stephen Boyd Executive Vice President & President
P. Barrett Brown Executive Vice President & President of Retail Segment
You’re viewing 5 of 95 executive team members. Get the full list »

Brown & Brown Board Members (20)

Name Representing Role Since
000000 0000 Brown & Brown Board Member 000 0000
000000000 00000000 Brown & Brown Board Member 000 0000
0000000 000000 00 Brown & Brown Board Member 000 0000
0. 0000000 Self Board Member 000 0000
0. 00000 Brown & Brown President, Chief Executive Officer & Director 000 0000
You’re viewing 5 of 20 board members. Get the full list »

Brown & Brown Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Brown & Brown Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Brown & Brown Investments & Acquisitions (265)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
McNamara Company 07-Jun-2024 0000000000 Multi-line Insurance 0000 0000
Rollins Insurance Brokers 03-Jun-2024 0000000000 Insurance Brokers 00000 000
BNF Insurance Services 16-May-2024 0000000000 Multi-line Insurance 00000000
Garratts Insurance Brokers 16-May-2024 0000000000 Insurance Brokers 00000000
CHAPP (Multi-line Insurance) 03-Apr-2024 Merger/Acquisition Multi-line Insurance 0. 00000
You’re viewing 5 of 265 investments and acquisitions. Get the full list »

Brown & Brown Subsidiaries (80)

Company Name Industry Location Founded
Bridge Specialty Group Acquirer Tallahassee, FL 2021
CyberPolicy Media and Information Services (B2B) Carlsbad, CA 0000
Global Risk Partners Insurance Brokers Whyteleafe, United Kingdom 0000
Let's Talk Insurance Insurance Brokers Simi Valley, CA 0000
Brown & Brown Of Massachusetts Acquirer Dedham, MA 0000
You’re viewing 5 of 80 subsidiaries. Get the full list »

Brown & Brown ESG

Risk Overview

Risk Rating

Updated May, 31, 2024

21.11 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.0

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,191

Rank

00.00

Percentile

Insurance

Industry

00 of 300

Rank

00.00

Percentile

Insurance Brokers

Subindustry

00 of 31

Rank

00.0

Percentile

To view Brown & Brown’s complete esg history, request access »

Brown & Brown Exits (9)

Company Name Exit Date Exit Type Exit Size Status Buyers
Innovative Risk Solutions 01-Jul-2019 000000000000000000 000.00 Completed
  • 00000 & 00000
Insurance Claims Adjusters 31-Dec-2013 000000000000000000 000.00 Completed
  • 00000 & 00000
Colonial Claims 23-Dec-2011 000000000000000000 000.00 Completed
  • 00000 & 00000
Industry Consulting Group 01-Nov-2011 000000000000000000 Completed
  • 00000 & 00000
Morris & Boyle Insurance Agency 01-Nov-2011 Merger/Acquisition 000.00 Completed
You’re viewing 5 of 9 exits. Get the full list »

Brown & Brown FAQs

  • When was Brown & Brown founded?

    Brown & Brown was founded in 1939.

  • Who is the CEO of Brown & Brown?

    Mike Bruce and J. Brown are the CEOs of Brown & Brown.

  • Where is Brown & Brown headquartered?

    Brown & Brown is headquartered in Daytona Beach, FL.

  • What is the size of Brown & Brown?

    Brown & Brown has 16,152 total employees.

  • What industry is Brown & Brown in?

    Brown & Brown’s primary industry is Insurance Brokers.

  • Is Brown & Brown a private or public company?

    Brown & Brown is a Public company.

  • What is Brown & Brown’s stock symbol?

    The ticker symbol for Brown & Brown is BRO.

  • What is the current stock price of Brown & Brown?

    As of 21-Jun-2024 the stock price of Brown & Brown is $93.02.

  • What is the current market cap of Brown & Brown?

    The current market capitalization of Brown & Brown is $26.5B.

  • What is Brown & Brown’s current revenue?

    The trailing twelve month revenue for Brown & Brown is $4.32B.

  • Who are Brown & Brown’s competitors?

    Alliant Insurance Services, Propel Insurance, AmWINS, Tysers, and Parker Smith & Feek are some of the 49 competitors of Brown & Brown.

  • What is Brown & Brown’s annual earnings per share (EPS)?

    Brown & Brown’s EPS for 12 months was $3.26.

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