
Brown & Brown Inc
BRO · NYSE · Financial Services / Insurance Brokers
Price History
Full chartMarket Stats
About
Brown & Brown, Inc. markets and sells insurance products and services in the United States, the United Kingdom, and internationally. It operates through Retail and Specialty Distribution segments. The Retail segment provides property and casualty insurance products, employee benefits insurance products, personal insurance products, specialties insurance products, risk management strategies, loss control surveys and analysis, consulting, and claims processing services. This segment also offers non-insurance services and products through automobile and recreational vehicle dealer services businesses. It serves commercial, public and quasi-public entities, professionals, and individual customers. The Specialty Distribution segment comprises wholesale brokerage and specialty businesses. This segment offers professional liability and related package insurance products for dentistry, legal, eyecare, financial services, physicians, and real estate title professionals, as well as supplementary insurance products related to weddings, events, medical facilities, and cyber liabilities. This segment also provides public entity-related and specialty programs through a network of independent agents, as well as program management services for insurance carrier partners. In addition, the company's wholesale brokerage businesses underwrite and place excess and surplus commercial and personal lines insurance through independent agents and brokers. Its program businesses operate under the Arrowhead Programs name. The company was formerly known as Poe & Brown, Inc. and changed its name to Brown & Brown, Inc. in April 1999. Brown & Brown, Inc. was founded in 1939 and is headquartered in Daytona Beach, Florida.
Company Details
- SectorFinancial Services
- IndustryInsurance Brokers
- CEOMr. J. Powell Brown C.P.C.U.
- Employees22.89K
- Headquarters300 North Beach Street, Daytona Beach, FL, United States, 32114, USA
- Websitehttps://www.bbrown.com
Leadership
- Mr. J. Powell Brown C.P.C.U.CEO, President & Director · b. 1968
- Mr. R. Andrew Watts CPAExecutive VP & CFO · b. 1969
- Mr. Stephen Patrick HearnPresident of Retail Segment, Executive VP & COO · b. 1966
- Mr. Chris L. WalkerExecutive VP & Chairman of Specialty Distribution Segment · b. 1958
- Mr. P. Barrett BrownExecutive Officer · b. 1973
- Mr. Paul Michael GallagherPrincipal Accounting Officer & Controller · b. 1970
- Mr. Kiet TranChief Technology Officer
- Ms. Eileen AkersonSenior VP & Chief Legal Officer
- Ms. Julie L. TurpinExecutive VP & Chief People Officer · b. 1971
- Mr. J. Scott Penny C.I.C.Executive VP & Chief Acquisitions Officer · b. 1967
Financials
Income Statement
Balance Sheet
Cash Flow
Earnings
Key Statistics & Ratios
Analyst Ratings
- Strong Buy3
- Buy2
- Hold6
- Sell1
Ownership Breakdown
- Institutions
- 86.50%
- Insiders
- 13.28%
- Retail / Other
- 0.22%
Top Institutional Holders
- Arnhold & S. Bleichroeder Advisers, LLC23.46M7.01%
- BlackRock Inc21.92M6.55%
- Vanguard Capital Management, LLC18.92M5.65%
- FMR Inc16.05M4.80%
- Principal Financial Group Inc15.72M4.70%
- Vanguard Portfolio Management, LLC14.59M4.36%
- Capital World Investors14.47M4.32%
- State Street Corp13.78M4.12%
- Geode Capital Management, LLC8.14M2.43%
- Van Lanschot Kempen Investment Management NV5.87M1.75%
- Select Equity Group LP4.89M1.46%
- NORGES BANK4.40M1.31%
- Deutsche Bank AG4.20M1.26%
- Capital Research Global Investors3.91M1.17%
Top Fund Holders
- Vanguard MStar Total Stk Mkt Idx Invest9.17M2.74%
- Principal MidCap R58.40M2.51%
- First Eagle Global A8.14M2.43%
- Vanguard 500 Index Investor7.74M2.31%
- American Funds American Balanced A7.72M2.31%
- Vanguard MStar Mid Cap Index Instl6.23M1.86%
Dividends
Stock Splits
- Mar 29, 20182:1
- Nov 29, 20052:1
- Nov 23, 20012:1
- Aug 24, 20002:1
- Mar 2, 19983:2
- May 30, 19915:4