Brown & Brown (NYSE:BRO) (NYSE:BRO) is a leading independent insurance brokerage firm specializing in the distribution and placement of property and casualty insurance, employee benefits programs, and other specialty risk management solutions. Through its network of more than 300 offices across North America, Europe, the Asia-Pacific region and Latin America, the company delivers tailored coverage and advisory services to businesses of all sizes, as well as to public entities and individuals.
The firm’s core services encompass a wide range of products, including commercial property and casualty insurance, professional and management liability coverage, surplus and excess lines, surety bonds, and marine and transportation policies. In addition, Brown & Brown provides employee benefits consulting and administration, offering health, retirement and wellness solutions designed to help organizations manage costs, comply with regulations and promote workforce well-being. Its decentralized operating model allows specialized teams to respond quickly to local market needs while retaining access to national and global resources.
Founded in 1939 by Richard A. Brown in Daytona Beach, Florida, Brown & Brown has expanded steadily through organic growth and strategic acquisitions. Over the decades, the firm built a reputation for disciplined underwriting, deep market knowledge and a focus on client service. This long-term approach has supported its evolution from a regional brokerage into a global enterprise, serving industries as diverse as construction, manufacturing, hospitality, transportation and healthcare.
Today, Brown & Brown is led by Chairman, President and Chief Executive Officer J. Powell Brown, a third-generation member of the Brown family, who oversees an experienced executive team committed to driving innovation and operational excellence. The company’s management emphasizes a culture of integrity, teamwork and continuous improvement, with an eye toward expanding its footprint in existing markets and identifying high-potential opportunities in emerging sectors.
