Brown & Brown Inc - Company Profile
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Brown & Brown Inc (Brown & Brown) is an insurance brokerage company. It offers insurance-based solutions to public entities, corporate, institutional, trade, association, professional, and individual customers. The company offerings comprise a wide range of insurance products, such as insurance for property and casualty, employers benefits, general liability, social security disability, automobile, cyber, workers' compensation umbrella, recreational vehicle, marine, homeowners, and health care professional liability, and medical malpractice. Brown & Brown also offers comprehensive claims and third-party administration services and Medicare set-aside and social security services. The company operates in Canada, Ireland, Bermuda, Belgium, the UK, Germany, France, Malaysia, Hong Kong, the UAE, the Netherlands and the Cayman Islands. Brown & Brown is headquartered in Daytona Beach, Florida, the US.
Brown & Brown Inc premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
Business Solutions: | Medicare Set-Aside and Social Security | Brown & Brown |
Employee Benefits | Claims and Third-Party Administration | |
Property and Casualty | ||
XYZ | ||
XYZ | ||
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Acquisitions/Mergers/Takeovers | In April, the company acquired the assets of Citrus Insurance Services, Inc. and CHAPP, Inc., providers of insurance services. |
2024 | Asset Purchase | In March, the company acquired the assets of Hillco Insurance. |
2024 | Acquisitions/Mergers/Takeovers | In February, the company’s subsidiary, Brown & Brown (Europe) Limited, completed the acquisition of Oxlea Investments Ltd, a financial service provider. |
Competitor Comparison
Key Parameters | Brown & Brown Inc | Marsh & McLennan Companies Inc | Aon Plc | Arthur J. Gallagher & Co | Willis Towers Watson PLC |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | Ireland | United States of America | United Kingdom |
City | Daytona Beach | New York | Dublin | Rolling Meadows | London |
State/Province | Florida | New York | - | Illinois | England |
No. of Employees | 16,152 | 85,000 | 50,000 | 52,000 | 48,000 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
J. Hyatt Brown | Chairman | Executive Board | - | 86 |
J. Powell Brown | President; Chief Executive Officer; Director | Executive Board | 2009 | 56 |
R. Andrew Watts | Executive Vice President; Chief Financial Officer; Treasurer | Senior Management | 2014 | 55 |
K. Gray Nester II | Executive Vice President; Chief Information Officer | Senior Management | 2021 | 48 |
Kiet Tran | Chief Technology Officer | Senior Management | 2022 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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