BRO Overview — StockExplainer

+642%

+22.2% per year

Past performance does not guarantee future results. The data presented is indicative and may not be updated in real-time.

Country US

Exchange NYSE

Industry Insurance - Brokers

Sector Financial Services

Market Cap $28.82B

CEO Mr. J. Powell Brown C.P.C.U.

Brown & Brown, Inc. is an insurance company that helps people and businesses find the right insurance coverage. They offer different types of insurance, like home, car, and business insurance, to protect against accidents and losses. The company also provides special services, like helping people manage their claims and offering insurance for unique needs, such as weddings or medical facilities. Founded in 1939 and based in Daytona Beach, Florida, they work with various clients, including individuals, companies, and government organizations across several countries.

Streams of revenue

Retail: 79%

Wholesale Brokerage: 21%

Geographic Distribution

UNITED STATES: 87%

UNITED KINGDOM: 11%

CANADA: 1%

IRELAND: 1%

Core Products

💼

Employee Benefits Benefits solutions

🛡️

Insurance Brokerage Risk management

📊

Wholesale Brokerage Wholesale insurance

📋

Program Administration Program management

Business Type

Business to Business

Competitive Advantages

⭐

Brand Reputation Founded in 1939, the company's long-standing presence in the industry has cultivated trust and loyalty among customers and partners.

🌍

Geographic Reach With operations in multiple countries, Brown & Brown can leverage diverse markets, reducing dependence on any single region.

📚

Specialized Knowledge Brown & Brown possesses extensive expertise in niche markets, such as professional liability and cyber insurance, allowing it to offer tailored solutions.

🌐

Diverse Service Offerings Brown & Brown offers a wide range of insurance products and services across various segments, catering to different customer needs and enhancing client retention.

🤝

Established Relationships The company has built strong partnerships with independent agents and brokers, creating a network that facilitates access to a broad customer base.

Key Business Risks

📉

Economic Downturn Economic instability can reduce demand for insurance products and increase claims, negatively impacting revenue.

🌪️

Natural Disasters Frequency and severity of natural disasters can lead to higher claims and affect the underwriting process.

⚔️

Market Competition Intense competition from other insurance brokers and companies may impact market share and profitability.

📜

Regulatory Changes Changes in insurance regulations and compliance requirements can affect operational costs and service offerings.

🛡️

Cybersecurity Threats Increased cyberattacks can compromise sensitive customer data and result in financial losses and reputational damage.

Meeting Expectations

9 /10

Higher values indicate better execution and credibility

Business Overview

Performance Analysis

Stock Price

Performance Analysis

Stock Price