Brown & Brown, Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- J. Powell Brown
- Full Time Employees
- 22,888
- Sector
- Financial Services
- Industry
- Insurance - Brokers
- Address
- 300 North Beach Street Daytona Beach FL United States of America 32114
- IPO Date
- Feb 11, 1981
- CIK
- 0000079282
- Website
- bbrown.com
- Similar Companies
- Business
- Brown & Brown, Inc. Brown & Brown, Inc. is a leading global insurance brokerage firm that provides risk management solutions, insurance products, and services to businesses, public entities, professional organizations, individuals, and governmental institutions. Founded in 1939 and headquartered in Daytona Beach, Florida, the company operates through three primary segments: Retail, which offers property and casualty insurance, employee benefits, and non-insurance services including automobile dealer finance and insurance products to commercial, public, quasi-public, and individual customers; Programs, which develops, underwrites, and manages specialized insurance programs for niche markets distributed to retail agencies, affinity groups, wholesalers, and direct consumers; and Specialty Distribution (formerly Programs and Wholesale Brokerage), which markets excess and surplus commercial and personal lines insurance, specialty solutions for complex risks, and tailored offerings for insurance carriers, wholesale brokers, retail brokers, and end customers via platforms like Arrowhead Intermediaries and One80. With over 700 locations, more than 23,000 teammates, and operations spanning all 50 U.S. states, Canada, Ireland, the United Kingdom, 19 countries across Europe, Asia, and other international markets, Brown & Brown generates approximately $4.8 billion in annual revenue as one of the top 10 insurance brokerages worldwide. Recent developments include the August 2025 completion of its $9.8 billion acquisition of Accession Risk Management Group, Inc. (parent of Risk Strategies and One80 Intermediaries), which added over 5,000 employees, expanded retail and specialty capabilities, and prompted the creation of the new Specialty Distribution segment; a 10% increase in its quarterly cash dividend to $0.165 per share in October 2025, marking the 32nd consecutive annual raise and inclusion in the S&P 500 Dividend Aristocrats Index; authorization of a $1.5 billion share repurchase program; and leadership enhancements such as appointing Steve Hearn as President of the Retail Segment and overseer of international operations outside North America.
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