Brown & Brown, Inc. BRO

Company Overview

Brown & Brown, Inc. is a publicly traded insurance brokerage firm that provides risk management solutions through insurance and reinsurance products. The company operates within the insurance brokerage and risk management industry, serving commercial, public entity, individual, and employee benefits clients. Its core business involves acting as an intermediary between insurance carriers and customers, earning revenue primarily through commissions and fees tied to insurance placements and advisory services.

Founded in 1939, Brown & Brown has evolved from a small regional insurance agency into one of the largest insurance brokers in the United States. The company is recognized for its decentralized operating model, long-term client relationships, and disciplined acquisition strategy. Its scale, diversified product offerings, and focus on specialized industry niches provide competitive advantages relative to smaller regional brokers.