Brown & Brown (NYSE: 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 is an insurance brokerage and risk management company providing a broad range of insurance products, employee benefits solutions, and risk management consulting services. The company operates through four primary business segments: Retail, National Programs, Wholesale Brokerage, and Services. It offers commercial property and casualty, personal lines, cyber liability, workers' compensation, and specialized captive insurance solutions to commercial, public entity, institutional, and individual clients. Brown & Brown operates primarily across the United States, Canada, the United Kingdom, and Western Europe, connecting customers with insurance underwriters while delivering risk assessment, loss control, and claims advocacy services.
Snapshot
Operations
Products and/or services of Brown & Brown
- Retail Property & Casualty: Distribution of commercial property, casualty, workers' compensation, auto, and general liability insurance products to business, public sector, and institutional clients across physical office locations in the United States, Canada, the United Kingdom, and Western Europe.
- Employee Benefits & Health Consulting: Provision of employee benefits administration, health and welfare consulting, stop-loss coverage, voluntary lifestyle benefits, compliance support, and data analytics solutions to employers seeking workforce health, retirement, and compensation program management.
- Specialty Distribution & Captive Solutions: Delivery of specialized insurance programs including affinity services, captive risk management, warranty, travel accident, and life and health solutions through international offices operating across the United States, Europe, Asia, and Canada.
- Personal Lines Insurance: Brokering tailored personal insurance coverage including homeowners, automobile, umbrella excess liability, flood, wildfire, private client specialty, and family office policies for high-net-worth individuals and residential property owners across North America.
- Risk Management Services: Provision of risk analytics, claims advocacy, loss control surveys, safety training, and workers' compensation risk management consulting designed to assist commercial enterprises in identifying, mitigating, and transferring operational risk.
- Wholesale Brokerage & Programs: Binding authority and excess and surplus lines distribution, offering specialized property, casualty, and professional liability coverages to independent insurance agents and brokers through specialized national program underwriting facilities.
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