Brown & Brown

Brown & Brown is an insurance brokerage firm that provides risk management and insurance products for individuals and businesses. Read more

6,720 Followers on Owler
6,720 Followers on Owler
6,720 Followers on Owler
6,720 Followers on Owler

Brown & Brown

Brown & Brown is an insurance brokerage firm that provides risk management and insurance products for individuals and businesses. Read more

Powell J. Brown's photo - President & CEO of Brown & Brown

President & CEO

Powell J. Brown

CEO Approval Rating

58/100

Founded:

1939

Status:

PublicIndependent CompanyNYSEBRO

BROWN & BROWN TOP COMPETITORS OR ALTERNATIVES

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Marsh & McLennan is Brown & Brown's #1 rival. Marsh & McLennan was founded in 1871 in New York, New York. Marsh & McLennan is in the Business Support Services field. Marsh & McLennan generates $15B more revenue than Brown & Brown.

Aon is one of Brown & Brown's top competitors. Aon is headquartered in London, England, and was founded in 1919. Aon competes in the Insurance Brokers field. Aon generates 435% the revenue of Brown & Brown.

Gallagher is seen as one of Brown & Brown's top competitors. Gallagher was founded in 1927, and its headquarters is in Rolling Meadows, Illinois. Gallagher operates in the Life & Health Insurance industry. Gallagher has 22,811 more employees than Brown & Brown.

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Brown & Brown Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$2.6B

Brown & Brown's revenue is the ranked 6th among it's top 10 competitors. The top 10 competitors average 17B. Over the last four quarters, Brown & Brown's revenue has grown by 39.4%. Specifically, in Q1 2021's revenue was $815.3M; in Q4 2020, it was $670.9M; in Q3 2020, it was $674M; in Q2 2020, Brown & Brown's revenue was $585M.

Brown & Brown Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
O'Leary Insurances Ltd.

Dec 2020

Source »
undisclosed
O'Leary Insurances is an insurance brokerage firm that offers motor fleet, and liability coverage services for individuals and businesses.
CyberPolicy, Inc.

Nov 2020

Source »
undisclosed
CyberPolicy is a digital insurance brokerage platform that allows users to compare and buy cyber insurance products.
CoverHound, Inc.

Nov 2020

Source »
undisclosed
CoverHound is an online brokerage platform that allows users to compare auto and property insurance products.
Vehicle Administrative Services, Ltd.

Sep 2020

Source »
undisclosed
VAS is a roadside assistance platform that offers auto protection products and ancillary benefits programs to the automotive and RV industries.

-

First Resource, Inc

Jul 2020

Source »
undisclosed
-

These are all the companies that Brown & Brown has acquired. Brown & Brown has acquired 30 companies and its latest acquisition was O'Leary Insurances Ltd. in Dec 2020. O'Leary Insurances is an insurance brokerage firm that offers motor fleet, and liability coverage services for individuals and businesses.

Brown & Brown Funding History

Since Brown & Brown was founded in 1939, it has participated in 1 round of funding. In total Brown & Brown has raised $700.0M. Brown & Brown's funding round was on Sep 2020 for a total of $700.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Sep 2020
$700M
-

Since Brown & Brown was founded in 1939, it has participated in 1 round of funding. In total Brown & Brown has raised $700.0M. Brown & Brown's funding round was on Sep 2020 for a total of $700.0M

Brown & Brown Investments

No recent investments found related to Brown & Brown

These are all the companies that Brown & Brown has invested in. Brown & Brown has invested 30 companies and its latest investment was O'Leary Insurances Ltd. in Dec 2020. O'Leary Insurances is an insurance brokerage firm that offers motor fleet, and liability coverage services for individuals and businesses.

Brown & Brown News

March 5, 2021MarketScreener

Status Changes and Special Enrollments

(marketscreener.com) Join our Research and Compliance team as they discuss status change events and w... See more »
March 3, 2021MarketScreener

Fellow Teammate, Harriet Diamantidis, Demonstrates Culture of Caring During COVID-19 Pandemic

(marketscreener.com) Brown & Brown has demonstrated a Culture of Caring through dedication to the peo... See more »
March 2, 2021RV Business

Brown & Brown Inc. Launches Bridge Specialty Group

Brown & Brown Inc. (NYSE: BRO) recently launched Bridge Specialty Group to encompass its broad portfo... See more »
February 22, 2021Reinsurance News

Brown & Brown appoints Gray Nester as Chief Information Officer

Insurance brokerage Brown & Brown has appointed Gray Nester as Chief Information Officer, based in th... See more »
February 18, 2021Insurance Journal

Brown & Brown Promotes Florida-Based Nester to CIO

Brown & Brown, Inc. has appointed Gray Nester as chief information officer for Brown & Brown, effecti... See more »
February 17, 2021Benzinga

Brown & Brown, Inc. Announces Promotion of Gray Nester

DAYTONA BEACH, Fla., Feb. 17, 2021 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company")... See more »
February 15, 2021MarketScreener

February 2021 Coffee & Compliance Podcasts Now Available

(marketscreener.com) Along with Hays Companies , we have launched Coffee & Compliance, a podcast disc... See more »

Brown & Brown Press Releases

May 1, 2020PRWeb

Advocator Group and Professional Disability Associates Introduce SettlementConnect, an Innovative Solution for Disability Claim Settlements and Overpayment Reimbursement

Together, the leaders in Social Security Disability advocacy and complex disability claims management... See more »
July 2, 2019University Chronicle

Professional Services Plans®, A Brown & Brown Company, To Exhibit At The National APMA Annual Scientific Meeting

Professional Services Plans, a leading provider of comprehensive insurance solutions to professionals... See more »
January 8, 2019PR NewsWire Sys-Con Media

Brown & Brown Selects PlanSource as a Preferred Benefits Administration Technology

ORLANDO, Fla., Jan. 8, 2019 /PRNewswire/ -- PlanSource announced today that it has been selected as a... See more »
November 5, 2018Business Wire

Employee Navigator & Brown & Brown Announce Partnership

BETHESDA, Md.--(BUSINESS WIRE)--Employee Navigator, a rapidly growing provider of benefits, HR, and c... See more »
July 17, 2018PRWeb

Lawyer's Protector Plan® (LPP) Promotes Christina Casals Melia to Assistant Program Leader to Support Long Term Growth and Sustainability

Lawyer's Protector Plan® is pleased to announce the promotion of Christina Casals Melia to Assistant ... See more »
April 24, 2018PRWeb

CPA Protector Plan Partners With Bergen Community College To Host A&A Risk Management Seminar

CPA Protector Plan is partnering with Bergen Community College in Paramus, NJ to host an A&A Risk Man... See more »

Brown & Brown Videos

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Brown & Brown Headquarters

220 South Ridgewood Avenue

Daytona Beach, Florida32114

1-386-252-9601

Driving Directions »

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Brown & Brown Summary

ABOUT

Overview

Brown & Brown is an insurance brokerage firm that provides risk management and insurance products for individuals and businesses. Brown & Brown was founded in 1939. Brown & Brown's headquarters is located in Daytona Beach, Florida, USA 32114. It has r...

CEO

Brown & Brown's President & CEO, Powell J. Brown, currently has an approval rating of 58%. Brown & Brown's primary competitors are Marsh & McLennan, Aon & Gallagher.

Website

bbinsurance.com

Frequently Asked Questions about Brown & Brown

  1. When was Brown & Brown founded?

    Brown & Brown was founded in 1939
  2. Who is Brown & Brown's CEO?

    Brown & Brown's CEO is Powell J. Brown
  3. How much revenue does Brown & Brown generate?

    Brown & Brown generates $2.6B in revenue
  4. How much funding does Brown & Brown have?

    Brown & Brown has historically raised $700M in funding
  1. Where is Brown & Brown's headquarters?

    Brown & Brown's headquarters is in Daytona Beach Florida, USA
  2. How many employees does Brown & Brown have?

    Brown & Brown has 9,590 employees
  3. Who are Brown & Brown's competitors?

    Brown & Brown's top competitors are Marsh & McLennan, Aon, Gallagher