Founded in 1939, Brown & Brown, Inc. (BRO) is one of the largest and most respected independent insurance intermediaries in the United States. Traded on the New York Stock Exchange, Brown & Brown is a Fortune 1000 company with annual revenues exceeding $2 billion. The company operates out of Daytona Beach, Florida, with its corporate headquarters anchored in Powell Brown, who has been the President and CEO since July 2009.
Brown & Brown, Inc. provides a broad range of insurance and reinsurance products and services to its clients, primarily in the United States, but also in the United Kingdom and Canada, with a team of over 10,000 skilled professionals. They serve businesses, public entities, organizations, institutions, and individuals.
Their approach to business is a client-centric one, offering customized solutions to wholesome insurance needs, including property and casualty insurance, employee benefits, professional risk, and reinsurance. These services are distributed through four distinct business segments: Retail, National Programs, Wholesale Brokerage, and Services.
In the Retail segment, Brown & Brown offers insurance products and services to various commercial, public entity, professional, and individual customers. The National Programs segment acts as a managing general agent and provides professional liability and related package insurance products for professional groups. The Wholesale Brokerage segment markets and sells excess and surplus commercial insurance; and the Services segment provides insurance-related services, such as third-party claims administration and comprehensive medical utilization management services.
Brown & Brown’s reputation has been built on integrity, innovation, superior capabilities, and discipline, factors that are reflected in the insurance products and services they offer. The corporation has bagged several awards and recognitions over the years for its dedication to providing top-tier services. They comply with rigorous industry standards to uphold their commitment to their clients, shareholders, and insurance carrier partners.
More importantly, Brown & Brown focuses on building long-term relationships with their clients through their decentralized sales and service teams who deal directly with customers and understand the local needs and trends. This approach allows them to create tailored insurance solutions optimizing client benefits and delivering unique competitiveness in the market.
In conclusion, with their dedication to providing wide-ranging services, proven track record of industry excellence, and commitment to customer-centricity, Brown & Brown, Inc., has become a go-to service provider for countless businesses and individuals seeking insurance solutions in their respective industries. As the company moves into the future, it continues to focus on growth and sustainability, all while serving its clients with integrity and competence.
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Brown & Brown (BRO) recently reported third-quarter 2026 earnings, including US$1.725b in revenue and US$240m in net income, along with the launch of its new COMPASS data and AI ecosystem. Despite higher revenue and net income year-on-year, the company experienced softer organic growth due to specialty distribution headwinds, competition, and a muted CAT environment. The success of the COMPASS initiative in supporting organic growth and margins will be crucial in overcoming these near-term challenges.
Arthur J. Gallagher reported strong Q3 2026 results with US$3.976 billion in revenue and US$403 million in net income, alongside a reaffirmed organic growth outlook and a regular quarterly dividend of US$0.70 per share. These results support the company's operating story of consistent fee income from insurance and consulting work, while also successfully integrating acquisitions. The investment narrative hinges on continued tight execution, especially concerning valuation and debt coverage, despite optimistic analyst projections for future growth driven by M&A.
ProShare Advisors LLC increased its stake in Brown & Brown, Inc. by 7.5% in the third quarter, purchasing 180,593 shares. Institutional investors now own approximately 71% of the company's stock. Despite mixed analyst sentiment and a slight miss on recent quarterly earnings, Brown & Brown raised its quarterly dividend to $0.18 per share.
Brown & Brown Inc. (NYSE: BRO) has been certified as a Great Place to Work for the eighth consecutive year in the U.S., and for the second year in the U.K. and Canada. The company was also recognized on Fortune's 2026 Best Workplaces for Women and Best Workplaces in Financial Services and Insurance. This recognition is based on employee feedback, with 86% of teammates considering it a Great Place To Work.
Brown & Brown, Inc. (NYSE:BRO) is set to pay a dividend of US$0.18 per share on November 11th, with an ex-dividend date in the next four days. The company demonstrates a strong dividend profile with a conservative payout ratio of 18% of its income and a 16% annual earnings per share growth over the last five years. These factors, combined with consistent dividend growth, suggest Brown & Brown could be an attractive option for dividend-focused investors.
Arthur J. Gallagher reported strong third-quarter results with 5% organic growth in its brokerage and risk management businesses, outperforming rivals like Brown & Brown which saw slower growth. The company's combined revenue rose 18%, and adjusted EBITDAC increased by 25%, marking its 26th consecutive quarter of double-digit adjusted EBITDAC growth. Gallagher's diverse business mix, including reinsurance and claims services, helped cushion it from a softening market.
Brown & Brown, Inc. has been Certified™ by Great Place to Work® for the eighth consecutive year, with its U.S. operations also making the 2026 Fortune Best Workplaces for Women™ and Best Workplaces in Financial Services & Insurance™ lists for the sixth year. The company's U.K. and Canada teams also received certification for the second consecutive year. This recognition highlights Brown & Brown's commitment to a positive workplace culture, as 86% of its teammates affirmed it as a Great Place To Work.
Brown & Brown, Inc. has been Certified™ by Great Place to Work® for the eighth consecutive year, with recognition extending to its U.K. and Canada operations for the second year. The company was also included on the 2026 Fortune Best Workplaces for Women™ and Best Workplaces in Financial Services & Insurance™ lists for the sixth year. This recognition reflects high employee satisfaction, with 86% of teammates considering it a Great Place To Work, and highlights the company's commitment to a supportive and empowering workplace culture.