Brown & Brown (US:BRO) — Company Overview, News & Financial Data
Brown & Brown is a diverse insurance brokerage firm offering risk management and insurance products tailored to individual and business needs.
Brown & Brown
Brown & Brown (NYSE:BRO) is a diverse insurance brokerage firm focused on providing risk management solutions, insurance, and reinsurance products to individuals, businesses, and governmental institutions. With a network that spans across the United States and beyond, this firm engages in offering personalized services tailored to meet the unique needs of its clients. It operates through four main segments: Retail, National Programs, Wholesale Brokerage, and Services, each dedicated to addressing specific client requirements with precision and expertise. From property & casualty offerings to employee benefits and professional liability, Brown & Brown strives to deliver comprehensive support and peace of mind to its clients. The company's objectives center around expanding its footprint through strategic acquisitions and organic growth, enhancing client relationships, and continually adapting to the dynamic market landscape.
Snapshot
Operations
Products and/or services of Brown & Brown
- Commercial insurance, providing risk management solutions and insurance products to businesses across various industries.
- Employee benefits, offering customized benefits programs including health, dental, and wellness plans to employers.
- Personal insurance, delivering auto, home, and life insurance products to individuals and families.
- Professional liability insurance, protecting businesses against claims related to errors, omissions, or negligence in services provided.
- Surety and bonding, offering contract bonds, commercial surety bonds, and fidelity bonds for businesses and contractors.
- Wholesale brokerage, sourcing and providing specialty insurance products through a network of retail brokers and agents.
Brown & Brown executive team
- Mr. J. Powell Brown C.P.C.U.CEO, President & Director
- Mr. R. Andrew Watts CPAExecutive VP, CFO & Treasurer
- Mr. Stephen P. HearnPresident of Retail Segment, Executive VP & COO
- Mr. J. Scott Penny C.I.C.Executive VP & Chief Acquisitions Officer
- Mr. Chris L. WalkerExecutive Vice President & Chairman of Specialty Distribution Segment
- Mr. P. Barrett BrownExecutive VP & President of Retail Segment (Leave of Absence)
- Mr. Paul M. GallagherPrincipal Accounting Officer & Controller
- Mr. Kiet TranChief Technology Officer
- Mr. C. Robert Mathis IVExecutive VP & Chief Legal Officer
- Jenny GocoDirector of Communications