BRO on NYSE

Brown & Brown

American insurance company

Brown & Brown, Inc. is an American insurance brokerage firm headquartered in Daytona Beach, Florida. It is one of the largest independent insurance intermediaries in the United States, providing risk management solutions, insurance products, and services to businesses, governmental institutions, professional organizations, trade associations, and individuals. As of 2026, Brown & Brown ranked 5th among the largest insurance brokerages globally by revenue as ranked by Business Insurance.³ Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

1939Founded¹

Compare with Erie Insurance Group, Willis Towers Watson or RYAN SPECIALTY HOLDINGS, INC., or pick any stock.

TickerBRO on NYSE¹
Industrygeneral insurance¹
HeadquartersDaytona Beach¹
Websitewww.bbinsurance.com
Incorporated inFL⁵
Business address300 N. Beach Street, Daytona Beach, Fl 32114⁵
Filer categoryLarge accelerated filer⁵
Legal formProfit Corporation⁴
LEI549300PC8KTJ71XKFY89⁴
StatusActive⁴
LEI statusLapsed (not renewed)⁴
Registered address300 NORTH BEACH STREET, 32114 Daytona Beach, United States⁴
Registered withFlorida Division of Corporations, 218668⁴

See how the biggest companies compare on our leaderboards

Image: bbinsurance.com⁸

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

17.9%Net margin⁹

22.8%Revenue growth, 2025⁹

8.4%Return on equity⁹

0.55×Debt to equity⁹

$1.4BFree cash flow⁹

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Core Commission Revenue brought in 68% of the revenue Brown & Brown broke down this way in fiscal 2025.

Core Commission Revenue$3.9B⁹68%up 20% from 2024
Fee revenue$1.3B⁹22%up 29% from 2024
Profit Sharing Contingent Commission Revenue$255.0M⁹4%up 54% from 2024
Other Supplemental Commissions Revenue$206.0M⁹4%up 10% from 2024
Earned premium [member]$83.0M⁹1%up 8% from 2024

Products and services by year

Products and services	2023	2024	2025
Core Commission Revenue	$2.9B	$3.3B	$3.9B
Fee revenue	$995.0M	$992.0M	$1.3B
Profit Sharing Contingent Commission Revenue	$130.0M	$166.0M	$255.0M
Other Supplemental Commissions Revenue	$178.0M	$188.0M	$206.0M
Earned premium [member]	$28.0M	$77.0M	$83.0M

Business segments

Retail brought in 59% of the revenue Brown & Brown broke down this way in fiscal 2025.

Retail$3.4B⁹59%up 25% from 2024
Specialty Distribution$2.4B⁹41%up 19% from 2024

Business segments by year

Business segments	2023	2024	2025
Retail	$2.5B	$2.7B	$3.4B
Specialty Distribution	$1.7B	$2.0B	$2.4B

Regions

United States brought in 86% of the revenue Brown & Brown broke down this way in fiscal 2025.

United States$5.1B⁹86%up 22% from 2024
United Kingdom$599.0M⁹10%up 10% from 2024
Other Country$244.0M⁹4%up 103% from 2024

Regions by year

Regions	2023	2024	2025
United States	$3.7B	$4.1B	$5.1B
United Kingdom	$433.0M	$545.0M	$599.0M
Other Country	$94.0M	$120.0M	$244.0M

Where the money goes

Where each dollar of revenue went, fiscal 2025

Other costsProfit

Other costs77¢$4.5B
Income tax5¢$304.0M
Profit18¢$1.1B

Out of $5.9B in revenue.⁹

Where each dollar of operating cash went, fiscal 2025

Dividends paidKept or used elsewhere

Capital spending5¢$68.0M
Dividends paid13¢$193.0M
Share buybacks7¢$100.0M
Kept or used elsewhere75¢$1.1B

Out of $1.4B of cash from operations.⁹

Financial statements

Revenue¹⁰¹¹¹²¹³⁹$5.9B in 2025+147% since 2019

Net income¹⁰¹¹¹²¹³⁹$1.1B in 2025+164% since 2019

Every line of the income statement as filed: the last 3 fiscal years, latest first.⁹

Period ending	2025-12-31	2024-12-31	2023-12-31
Commissions and fees	$5.8B	$4.7B	$4.2B
Investment and other income	$139.0M	$100.0M	$58.0M
Total revenues	$5.9B	$4.8B	$4.3B
Employee compensation and benefits	$2.9B	$2.4B	$2.2B
Other operating expenses	$959.0M	$710.0M	$650.0M
Loss/(gain) on disposal	$2.0M	-$31.0M	-$143.0M
Amortization	$312.0M	$178.0M	$166.0M
Depreciation	$55.0M	$44.0M	$40.0M
Interest	$297.0M	$193.0M	$190.0M
Change in estimated acquisition earn-out payables	$25.0M	$2.0M	$21.0M
Mark-to-market of escrow liability	-$54.0M	$0	$0
Total expenses	$4.5B	$3.5B	$3.1B
Income before income taxes	$1.4B	$1.3B	$1.1B
Income taxes	$304.0M	$301.0M	$275.0M
Net income before non-controlling interests	$1.1B	$1.0B	$871.0M
Less: Net income attributable to non-controlling interests	$13.0M	$9.0M
Net income attributable to the Company	$1.1B	$993.0M	$871.0M
Basic	$3.37	$3.48	$3.07
Diluted	$3.16	$3.46	$3.05

Total assets¹⁰¹¹¹²¹³⁹$30.0B in 2025+293% since 2019

Shareholders’ equity¹¹¹²⁹$12.6B in 2025+275% since 2019

Cash¹⁰¹¹¹²¹³⁹$1.1B in 2025+99% since 2019

Long-term debt¹⁷¹⁰¹¹¹²¹³⁹$6.9B in 2025+359% since 2019

Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.⁹

Period ending	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Cash and cash equivalents	$1.1B	$675.0M	$700.0M
Fiduciary cash	$2.5B	$1.8B
Commission, fees and other receivables	$1.4B	$895.0M
Fiduciary receivables	$1.5B	$1.1B
Reinsurance recoverable	$647.0M	$1.5B
Prepaid reinsurance premiums	$980.0M	$520.0M
Other current assets	$484.0M	$364.0M
Total current assets	$8.6B	$6.9B
Fixed assets, net	$367.0M	$319.0M
Operating lease assets	$269.0M	$200.0M
Goodwill	$15.1B	$8.0B	$7.3B
Amortizable intangible assets, net	$4.9B	$1.8B
Other assets	$748.0M	$385.0M
Total assets	$30.0B	$17.6B
Fiduciary liabilities	$4.0B	$2.9B
Losses and loss adjustment reserve	$671.0M	$1.5B
Unearned premiums	$1.1B	$577.0M
Accounts payable	$990.0M	$373.0M
Accrued expenses and other liabilities	$875.0M	$653.0M
Current portion of long-term debt	$719.0M	$225.0M
Total current liabilities	$8.3B	$6.3B
Long-term debt less unamortized discount and debt issuance costs	$6.9B	$3.6B
Operating lease liabilities	$243.0M	$189.0M
Deferred income taxes, net	$815.0M	$711.0M
Other liabilities	$1.2B	$362.0M
Common stock, par value $0.10 per share; authorized 560 shares; issued 357 shares and outstanding 336 shares at 2025, issued 306 shares and outstanding 286 shares at 2024, respectively	$36.0M	$31.0M
Additional paid-in capital	$6.2B	$1.1B
Treasury stock, at cost 21 shares at 2025 and 20 shares at 2024, respectively	-$848.0M	-$748.0M
Accumulated other comprehensive income/(loss)	$210.0M	-$109.0M
Non-controlling interests	$26.0M	$17.0M
Retained earnings	$7.0B	$6.1B
Total equity	$12.6B	$6.4B	$5.6B	$4.6B
Total liabilities and equity	$30.0B	$17.6B
Common stock, par value (in dollars per share)	$0.10	$0.10
Common stock, shares authorized (in shares)	560.0M shares	560.0M shares
Common stock, shares issued (in shares)	357.0M shares	306.0M shares
Common stock, shares outstanding (in shares)	336.0M shares	286.0M shares
Treasury stock shares (in shares)	21.0M shares	20.0M shares

Period ending	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Cash and cash equivalents	$1.1B	$675.0M	$700.0M
Fiduciary cash	$2.5B	$1.8B
Commission, fees and other receivables	$1.4B	$895.0M
Fiduciary receivables	$1.5B	$1.1B
Reinsurance recoverable	$647.0M	$1.5B
Prepaid reinsurance premiums	$980.0M	$520.0M
Other current assets	$484.0M	$364.0M
Total current assets	$8.6B	$6.9B
Fixed assets, net	$367.0M	$319.0M
Operating lease assets	$269.0M	$200.0M
Goodwill	$15.1B	$8.0B	$7.3B
Amortizable intangible assets, net	$4.9B	$1.8B
Other assets	$748.0M	$385.0M
Total assets	$30.0B	$17.6B
Fiduciary liabilities	$4.0B	$2.9B
Losses and loss adjustment reserve	$671.0M	$1.5B
Unearned premiums	$1.1B	$577.0M
Accounts payable	$990.0M	$373.0M
Accrued expenses and other liabilities	$875.0M	$653.0M
Current portion of long-term debt	$719.0M	$225.0M
Total current liabilities	$8.3B	$6.3B
Long-term debt less unamortized discount and debt issuance costs	$6.9B	$3.6B
Operating lease liabilities	$243.0M	$189.0M
Deferred income taxes, net	$815.0M	$711.0M
Other liabilities	$1.2B	$362.0M
Common stock, par value $0.10 per share; authorized 560 shares; issued 357 shares and outstanding 336 shares at 2025, issued 306 shares and outstanding 286 shares at 2024, respectively	$36.0M	$31.0M
Additional paid-in capital	$6.2B	$1.1B
Treasury stock, at cost 21 shares at 2025 and 20 shares at 2024, respectively	-$848.0M	-$748.0M
Accumulated other comprehensive income/(loss)	$210.0M	-$109.0M
Non-controlling interests	$26.0M	$17.0M
Retained earnings	$7.0B	$6.1B
Total equity	$12.6B	$6.4B	$5.6B	$4.6B
Total liabilities and equity	$30.0B	$17.6B
Common stock, par value (in dollars per share)	$0.10	$0.10
Common stock, shares authorized (in shares)	560.0M shares	560.0M shares
Common stock, shares issued (in shares)	357.0M shares	306.0M shares
Common stock, shares outstanding (in shares)	336.0M shares	286.0M shares
Treasury stock shares (in shares)	21.0M shares	20.0M shares

Cash from operations¹⁰¹¹¹²¹³⁹$1.4B in 2025+114% since 2019

Capital spending¹⁰¹¹¹²¹³⁹$68.0M in 2025−7% since 2019

Free cash flow¹⁰¹¹¹²¹³⁹$1.4B in 2025+128% since 2019

Dividends paid¹⁰¹¹¹²¹³⁹$193.0M in 2025+111% since 2019

Share buybacks¹⁰¹¹¹²¹³⁹$100.0M in 2025+70% since 2019

Every line of the cash flow as filed: the last 3 fiscal years, latest first.⁹

Period ending	2025-12-31	2024-12-31	2023-12-31
Net income before non-controlling interests	$1.1B	$1.0B	$871.0M
Amortization	$312.0M	$178.0M	$166.0M
Depreciation	$55.0M	$44.0M	$40.0M
Non-cash stock-based compensation	$93.0M	$101.0M	$89.0M
Change in estimated acquisition earn-out payables	$25.0M	$2.0M	$21.0M
Mark-to-market of escrow liability	-$54.0M	$0	$0
Deferred income taxes	-$7.0M	$13.0M	$12.0M
Net loss/(gain) on sales/disposals of investments, businesses, fixed assets and customer accounts	$3.0M	-$29.0M	-$140.0M
Payments on acquisition earn-outs in excess of original estimated payables	-$3.0M	-$37.0M	-$29.0M
Other	$6.0M	$5.0M	$5.0M
Commissions, fees and other receivables (increase) decrease	-$95.0M	-$94.0M	-$106.0M
Reinsurance recoverable (increase) decrease	$1.4B	-$1.4B	$706.0M
Prepaid reinsurance premiums (increase) decrease	-$182.0M	-$58.0M	-$68.0M
Other assets (increase) decrease	-$44.0M	-$98.0M	-$117.0M
Losses and loss adjustment reserve increase (decrease)	-$1.3B	$1.4B	-$710.0M
Unearned premiums increase (decrease)	$177.0M	$115.0M	$50.0M
Accounts payable increase (decrease)	$11.0M	-$47.0M	$260.0M
Accrued expenses and other liabilities increase (decrease)	$18.0M	$35.0M	$43.0M
Other liabilities increase (decrease)	$60.0M	$33.0M	-$83.0M
Net cash provided by operating activities	$1.4B	$1.2B	$1.0B
Additions to fixed assets	-$68.0M	-$82.0M	-$69.0M
Payments for businesses acquired, net of cash acquired	-$7.9B	-$890.0M	-$631.0M
Proceeds from sales of businesses, fixed assets and customer accounts	$9.0M	$70.0M	$107.0M
Other investing activities	-$1.0M	$4.0M	$6.0M
Net cash used in investing activities	-$7.9B	-$898.0M	-$587.0M
Fiduciary receivables and liabilities, net	$53.0M	$191.0M	$189.0M
Payments on acquisition earn-outs	-$143.0M	-$117.0M	-$90.0M
Proceeds from long-term debt	$4.2B	$599.0M	$0
Payments on long-term debt	-$225.0M	-$719.0M	-$251.0M
Deferred debt issuance costs	-$36.0M	-$5.0M	$0
Borrowings on revolving credit facility	$450.0M	$500.0M	$420.0M
Payments on revolving credit facility	-$600.0M	-$350.0M	-$320.0M
Proceeds from issuance of common stock, net of expenses	$4.3B	$0	$0
Issuances of common stock for employee stock benefit plans	$48.0M	$44.0M	$40.0M
Repurchase shares to fund tax withholdings for non-cash stock-based compensation	-$42.0M	-$55.0M	-$40.0M
Purchase of treasury stock	-$100.0M	$0	$0
Cash dividends paid	-$193.0M	-$154.0M	-$135.0M
Other financing activities	-$6.0M	$2.0M	$0
Net cash provided by (used in) financing activities	$7.7B	-$64.0M	-$187.0M
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash inclusive of fiduciary cash	$64.0M	-$13.0M	$34.0M
Net increase in cash, cash equivalents and restricted cash inclusive of fiduciary cash	$1.3B	$199.0M	$270.0M

Compare Brown & Brown with another company

Corporate structure

Brown & Brown sits at the top of its group. 247 entities, 21 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Brown & Brown

FMR LLC Filed SCHEDULE 13G on Brown & Brown, latest Aug 6, 2026
Capital World Investors Filed SCHEDULE 13G/A on Brown & Brown, latest May 14, 2026 (2 filings since Nov 13, 2025)
VANGUARD CAPITAL MANAGEMENT LLC Filed SCHEDULE 13G on Brown & Brown, latest Apr 29, 2026
VANGUARD GROUP INC Filed SCHEDULE 13G/A on Brown & Brown, latest Mar 26, 2026 (6 filings since Jan 10, 2022)
Select Equity Group, L.P. Filed SC 13G/A on Brown & Brown, latest Nov 14, 2024 (4 filings since Feb 14, 2022)
BlackRock Filed SC 13G/A on Brown & Brown, latest Jan 29, 2024 (3 filings since Feb 1, 2022)

Brown & Brown Tallahassee, Florida, United States
- 1000783045 Ontario Inc. Subsidiary · Canada
- 1258095 B.C. LTD. Subsidiary · Canada
- 3XD Limited Subsidiary · United Kingdom
- Abbey Bond Lovis Limited Subsidiary · United Kingdom
- Acorn International Network Pte Ltd Subsidiary · Singapore
- Addingstone Group Limited Subsidiary · United Kingdom
- Addingstone Insurance Solutions Ltd Subsidiary · United Kingdom
- Advo Group Limited Subsidiary · United Kingdom
- Alan & Thomas Insurance Brokers Limited Subsidiary · United Kingdom
- All Medical Professionals Limited Subsidiary · United Kingdom
- Allcover Insurance Brokers Limited Subsidiary · United Kingdom
- Amicus Insurance Solutions Limited Subsidiary · United Kingdom
- Anglo Hibernian Bloodstock Insurance Services Limited Subsidiary · United Kingdom
- Appel en Beers B.V. Subsidiary · Netherlands
- Archenfield Insurance Management Limited Subsidiary · United Kingdom
- Argus Reinsurance, Ltd Subsidiary · Saint Kitts and Nevis
- Arma Fusion Ltd Subsidiary · United Kingdom
- Artimis Reinsurance Limited Subsidiary · Saint Kitts and Nevis
- ASL1 Limited Subsidiary · United Kingdom
- Atlantic Security Holdings Ltd Subsidiary · British Virgin Islands
- Atlas Group Ltd Subsidiary · Anguilla
- Augustus Reinsurance, Limited Subsidiary · Turks and Caicos Islands
- Azure International Holdco Ltd. Subsidiary · Bermuda
- Bakker Assurantiën II B.V. Subsidiary · Netherlands
- Bakker Boven Assurantie- en Pensioen Advies B.V. Subsidiary · Netherlands
- and 221 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Brown & Brown reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

Item	Latest	A year before	Change
Property and equipment, before depreciation	$673.0M⁹ Dec 31, 2025	$591.0M⁹ Dec 31, 2024	+13.9%
Accumulated depreciation	$306.0M⁹ Dec 31, 2025	$272.0M⁹ Dec 31, 2024	+12.5%
Property and equipment, net	$367.0M⁹ Dec 31, 2025	$319.0M⁹ Dec 31, 2024	+15.0%
Operating-lease assets (leased space)	$269.0M⁹ Dec 31, 2025	$200.0M⁹ Dec 31, 2024	+34.5%

Investments

Item	Latest	A year before	Change
Cash and cash equivalents	$1.1B⁹ Dec 31, 2025	$675.0M⁹ Dec 31, 2024	+59.9%
Marketable securities, current	$10.0M¹³ Dec 31, 2024	$11.0M¹³ Dec 31, 2023	−9.1%

Intangibles and goodwill

Item	Latest	A year before	Change
Goodwill	$15.1B⁹ Dec 31, 2025	$8.0B⁹ Dec 31, 2024	+89.3%
Intangible assets, net (excluding goodwill)	$4.9B⁹ Dec 31, 2025	$1.8B⁹ Dec 31, 2024	+170.5%
Finite-lived intangibles, gross	$7.0B⁹ Dec 31, 2025	$3.5B⁹ Dec 31, 2024	+97.1%
Accumulated amortization	$2.0B⁹ Dec 31, 2025	$1.7B⁹ Dec 31, 2024	+19.5%
Finite-lived intangibles, net	$4.9B⁹ Dec 31, 2025	$1.8B⁹ Dec 31, 2024	+170.5%

Properties, in its own words

We own our executive offices, which are located at 300 North Beach Street, Daytona Beach, Florida 32114, as well as certain other vacant land and office buildings in the Daytona Beach area. We also own our office located in Somerton, England. We lease offices at each of our other 710 locations. Our operating leases expire on various dates and generally contain renewal options and rent escalation clauses based upon increases in the lessors’ operating expenses and other charges. We expect that most leases will be renewed or replaced upon expiration. We believe that our facilities are suitable and adequate for present purposes, and that the productive capacity in such facilities is substantially being utilized. From time to time, we may have unused space and seek to sublet such space to third parties, depending on the demand for office space in the locations involved which could be impacted by certain of our employees working remotely from our offices. In the future, we may need to purchase, build or lease additional facilities to meet the requirements projected in our long-term business plan. See Note 14 to the Consolidated Financial Statements for additional information on our lease commitments.

Item 2 of the 10-K filed Feb 12, 2026.¹⁸

The story

Brown & Brown was founded in 1939 as a small insurance agency in Daytona Beach, Florida, by J. Adrian Brown, partnering with his cousin Charles "Cov" Owen. Originally named Brown & Owen, the firm quickly expanded its customer base in central Florida. J. Adrian's son, J. Hyatt Brown, joined the agency in 1959, bought the company and became CEO in 1961, and played a key role in its growth and modernization.

In 1980, Brown & Brown restructured to adopt a decentralized model, aiming to boost revenue and profit margins by giving more authority to local teams. This approach encouraged an entrepreneurial culture across the company.

In 1983, the firm changed its name to Brown & Brown, Inc. to reflect its focus on national expansion.

In 1993, the company merged with Poe & Associates. Also in 1993, the company went public, listing on the New York Stock Exchange under the ticker symbol BRO. The use of public stock for acquisitions enabled a deliberate expansion strategy focused on acquiring middle-market insurance brokers nationwide.

J. Hyatt Brown retired as CEO in 2009, but remains with the company as chairman. He was succeeded as CEO by his son J. Powell Brown. Subsequently, the company has pursued aggressive acquisition strategies and organic growth. It surpassed $1 billion in revenue in 2012. It joined the S&P 500 index in 2021.

In 2021, new headquarters were completed at Daytona Beach, Florida, featuring an 11-story building on 13 acres facing the Halifax River.

In 2021, Brown & Brown was added to the S&P 500 index following an announcement by S&P Dow Jones Indices, effective September 20, 2021.

In 2022, Brown & Brown was added to the S&P 500 Dividend Aristocrats Index, which includes S&P 500 companies that have increased their dividend payments for at least 25 consecutive years.

Read the full text

In 2023, Brown & Brown received the Platinum Bell Seal for Workplace Mental Health from Mental Health America for its workplace mental health initiatives.

From Wikipedia’s article on Brown & Brown, shared under CC BY-SA 4.0.⁶

Leadership

Who has led Brown & Brown, and when. Pick a name to see everywhere that person has worked.

Chief executive

Chair

President

Chief financial officer

Chief operating officer

197019801990200020102020

Chief executive officerJ. Powell Brown Jul 23, 2009 to now¹⁹
Chief executive officerHyatt J. Brown Dec 16, 2003 to Apr 23, 2009²⁰
ChairAnthony T. Strianese Feb 24, 2021 to Mar 24, 2021²¹
ChairJim W. Henderson Jul 28, 2010 to Jul 28, 2010²²
ChairHyatt J. Brown Dec 16, 2003 to Jul 28, 2010²⁰
PresidentAnthony T. Strianese Sep 14, 2012 to Jan 24, 2014²³
PresidentJerome Scott Penny Jan 4, 2011 to Dec 31, 2013²⁴
PresidentCharlie Lydecker Jan 20, 2011 to Jan 23, 2015²⁵
PresidentLinda S. Downs Jan 20, 2011 to Dec 16, 2014²⁶
PresidentC. Roy Bridges Apr 29, 2010 to Feb 28, 2014²⁷
PresidentKenneth D. Kirk May 10, 2007 to Aug 10, 2010²⁸
PresidentJ. Powell Brown Dec 12, 2007 to Apr 29, 2010²⁹
PresidentThomas E. Riley Apr 28, 2005 to Jan 4, 2011³⁰
PresidentJim W. Henderson Dec 19, 2003 to Jan 3, 2007³¹
Chief financial officerR. Andrew Watts Apr 16, 2014 to now³²
Chief financial officerCory T. Walker May 2, 2007 to Mar 6, 2014³³
Chief operating officerStephen Patrick Hearn Mar 2, 2026 to now³⁴
Chief operating officerLinda S. Downs Jul 26, 2012 to Dec 16, 2014³⁵
Chief operating officerJim W. Henderson Dec 19, 2003 to Dec 27, 2010³¹

Board members and other officers (52)

Exec VP Chief Op OfficerStephen Patrick Hearn Mar 3, 2025 to Mar 3, 2025³⁶
VP, Controller & CAOPaul M. Gallagher May 19, 2025 to now³⁷
EVP/Chief People OfficerJulie Turpin May 7, 2021 to now³⁸
EVP/Chief Information OfficerKenneth Gray Nester Ii. Oct 25, 2021 to Feb 20, 2024³⁹
EVP and Pres.- Retail SegmentP. Barrett Brown Jan 16, 2020 to now⁴⁰
EVP, Chief People OfficerJulie K. Ryan May 3, 2017 to Feb 26, 2019⁴¹
EVP and TreasurerR. Andrew Watts Feb 25, 2014 to Feb 25, 2014⁴²
VP, Sec & Chief Corp. CounselLaurel L. Grammig Apr 29, 2010 to Jul 3, 2013⁴³
Regional Executive Vice Pres.Sam R. Boone Jr. Jan 23, 2009 to Jul 3, 2013⁴⁴
Regional Executive VPColin E. Lowe Jan 28, 2009 to Jan 28, 2009⁴⁵
Regional Executive VPJerome Scott Penny Feb 29, 2008 to now⁴⁶
Regional Executive VPMichael J. Riordan May 7, 2008 to Nov 30, 2010⁴⁷
Regional Executive VPKenneth R. Masters Jan 24, 2007 to Sep 10, 2014⁴⁸
Vice chairJim W. Henderson Feb 15, 2007 to Dec 27, 2010⁴⁹
Regional Executive VPMichael Paschke Jul 26, 2007 to Feb 25, 2009⁵⁰
Regional Executive VPAnthony T. Strianese Jul 27, 2007 to Jan 4, 2021⁵¹
VP & Chief Litigation OfficerRobert W. Lloyd Oct 31, 2006 to Jul 3, 2013⁵²
Regional Executive VPRobert F. Iocco Jan 26, 2005 to Mar 30, 2006⁵³
Vice President andThomas M. Donegan Jr. Jan 23, 2004 to Jan 20, 2011⁵⁴
Vice PresidentRichard Freebourn Jan 26, 2004 to Feb 27, 2017⁵⁵
Regional Exec. VPKenneth D. Kirk Mar 16, 2004 to Mar 30, 2005⁵⁶
Regional Exec. Vice PresidentC. Roy Bridges Sep 15, 2003 to Dec 30, 2009⁵⁷
Regional Exec. Vice PresidentLinda S. Downs Dec 5, 2003 to Jul 30, 2015⁵⁸
Regional Exec. Vice PresidentJ. Powell Brown Dec 29, 2003 to Nov 29, 2006⁵⁹
Regional Exec. Vice PresidentThomas E. Riley Dec 29, 2003 to Sep 3, 2004⁶⁰
Regional Exec. Vice PresidentCharlie Lydecker Dec 30, 2003 to Jan 4, 2011⁶¹
Board memberJoia M. Johnson Aug 15, 2025 to now⁶²
Board memberKathleen A. Savio Jan 17, 2024 to now⁶³
Board memberStephen Patrick Hearn Aug 20, 2024 to Aug 20, 2024⁶⁴
Board memberJaymin B. Patel Jan 26, 2023 to now⁶⁵
Board memberBronislaw Edmund Masojada Jun 20, 2023 to now⁶⁶
Board memberPaul J. Krump Jun 20, 2023 to now⁶⁷
Board memberLawrence L. Gellerstedt Iii. Dec 21, 2018 to now⁶⁸
Board memberJames S. Hunt May 9, 2013 to now⁶⁹
Board memberH. Palmer Proctor Jr. Oct 29, 2012 to now⁷⁰
Board memberHyatt J. Brown Mar 11, 2010 to Dec 8, 2010⁷¹
Board memberTimothy R.m. Main Oct 22, 2010 to now⁷²
Board memberToni Jennings Jan 24, 2007 to now⁷³
Board memberWendell Reilly Oct 26, 2007 to now⁷⁴
Board memberJ. Powell Brown Dec 12, 2007 to now²⁹
Board memberBradley Currey Jr. Jan 21, 2004 to Mar 12, 2020⁷⁵
Board memberJohn R. Riedman Jan 21, 2004 to Jan 2, 2013⁷⁶
Board memberSamuel P. Bell Iii. Jan 21, 2004 to Mar 4, 2021⁷⁷
Board memberDavid H. Hughes Jan 22, 2004 to Jan 24, 2008⁷⁸
Board memberTheodore J. Hoepner Jan 22, 2004 to now⁷⁹
Board memberJan E. Smith Jan 23, 2004 to Aug 19, 2009⁸⁰
Board memberHugh M. Brown Mar 19, 2004 to May 6, 2022⁸¹
Board memberChilton D. Varner Jul 9, 2004 to May 8, 2024⁸²
Board memberJim W. Henderson Dec 19, 2003 to Dec 27, 2010³¹
General counselCharles Robert Mathis Iv. May 19, 2025 to now⁸³
General counselRobert W. Lloyd Jan 23, 2009 to Aug 9, 2022⁸⁴
General counselLaurel L. Grammig Feb 29, 2008 to Feb 29, 2008⁸⁵

Products and brands

Brown & Brown operates through two major business segments:

Retail: Offers property and casualty insurance and employee benefits products to commercial, public, and individual customers.

Arrowhead Intermediaries: A purpose-built platform with three distinct divisions, each serving the evolving needs of insurance carriers, brokers, and customers worldwide:

Programs

Read the full text

Wholesale

Specialty divisions

The company serves customers in all 50 U.S. states and in select international markets.

From Wikipedia’s article on Brown & Brown, shared under CC BY-SA 4.0.⁶

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

1000783045 Ontario Inc. Canada⁷
1258095 B.C. LTD. Canada⁷
3XD Limited United Kingdom⁷
ASL1 Limited United Kingdom⁷
Abbey Bond Lovis Limited United Kingdom⁷
Acorn International Network Pte Ltd Singapore⁷
Addingstone Group Limited United Kingdom⁷
Addingstone Insurance Solutions Ltd United Kingdom⁷
Advo Group Limited United Kingdom⁷
Alan & Thomas Insurance Brokers Limited United Kingdom⁷
All Medical Professionals Limited United Kingdom⁷
Allcover Insurance Brokers Limited United Kingdom⁷
Amicus Insurance Solutions Limited United Kingdom⁷
Anglo Hibernian Bloodstock Insurance Services Limited United Kingdom⁷
Appel en Beers B.V. Netherlands⁷
Archenfield Insurance Management Limited United Kingdom⁷
Argus Reinsurance, Ltd Saint Kitts and Nevis⁷
Arma Fusion Ltd United Kingdom⁷
Artimis Reinsurance Limited Saint Kitts and Nevis⁷
Atlantic Security Holdings Ltd British Virgin Islands⁷
Atlas Group Ltd Anguilla⁷
Augustus Reinsurance, Limited Turks and Caicos Islands⁷
Azure International Holdco Ltd. Bermuda⁷
BBPS Limited United Kingdom⁷

All 249 listed subsidiaries

BCM Acquisitions Limited United Kingdom⁷
BDB (UK) Limited United Kingdom⁷
BDB Europe SRL Belgium⁷
BDB Holding Limited United Kingdom⁷
BDB Limited United Kingdom⁷
BHG B.V. Netherlands⁷
BHI B.V. Netherlands⁷
BIDM B.V. Netherlands⁷
BPW Insurance Services Limited United Kingdom⁷
Bakker Assurantiën II B.V. Netherlands⁷
Bakker Boven Assurantie- en Pensioen Advies B.V. Netherlands⁷
Bakker Boven Assurantiën B.V. Netherlands⁷
Bakker Zuidveld B.V. Netherlands⁷
Bakker van der Ploeg Assurantiën B.V. Netherlands⁷
Bass Enterprises Data Solutions Private Limited India⁷
Beech Underwriting Agencies Limited United Kingdom⁷
Beecher Carlson Bermuda, Ltd. Bermuda⁷
Beecher Carlson Brokerage, Ltd. Bermuda⁷
Beecher Carlson Cayman, Ltd. Cayman Islands⁷
Beheersmaatschappij Marsa Weert B.V. Netherlands⁷
Berkeley Insurance Group Limited United Kingdom⁷
Berkeley Insurance Group UK Limited United Kingdom⁷
Bridge Specialty International Limited United Kingdom⁷
Brokers’ Risk Placement Service (Bermuda) Limited Bermuda⁷
Brown & Brown (Europe) Holdco Limited United Kingdom⁷
Brown & Brown (Europe) Limited United Kingdom⁷
Brown & Brown (UK) Holdco Limited United Kingdom⁷
Brown & Brown Broking Holdco (Europe) Limited United Kingdom⁷
Brown & Brown Claims (UK) Limited United Kingdom⁷
Brown & Brown Health and Employee Benefits Limited United Kingdom⁷
Brown & Brown Insurance Brokers (Ireland) Limited Ireland⁷
Brown & Brown Insurance Brokers (UK) Limited United Kingdom⁷
Brown & Brown Insurance Services Canada, Inc. Canada⁷
Brown & Brown MGA Holdco (UK) Limited United Kingdom⁷
Brown & Brown Minorities (UK) Limited United Kingdom⁷
Brown & Brown Retail Holdco (Europe) Limited United Kingdom⁷
Brown & Brown Services Limited United Kingdom⁷
Brown & Brown Services Ltd United Kingdom⁷
Brown & Brown Wholesale Holdco (UK) Limited United Kingdom⁷
Brown & Brown of Canada, Inc. Canada⁷
Buiting & Hurkmans Pensioenadministraties B.V. Netherlands⁷
C & C Healthcare Limited United Kingdom⁷
C. C. Flint and Company Limited United Kingdom⁷
CICG Limited United Kingdom⁷
CMProtect Limited United Kingdom⁷
Camberford Law Ltd United Kingdom⁷
Canadian Labour Insurance Services, Inc. Canada⁷
Capital Risks MGA Limited United Kingdom⁷
Capstone Insurance Brokers Limited Hong Kong⁷
Castle Insurance Services (North East) Limited United Kingdom⁷
Cavendish Munro Professional Risks Limited United Kingdom⁷
Central Healthcare Limited United Kingdom⁷
Centrix Insurance Holdings Limited United Kingdom⁷
Christopher Trigg Limited United Kingdom⁷
City of London Underwriting Agencies London Limited United Kingdom⁷
County Insurance Consultants Limited United Kingdom⁷
Crosby Insurance Services Limited United Kingdom⁷
Crotty Insurance Brokers Limited Ireland⁷
DCJ Group Insurance & Risk Management Limited United Kingdom⁷
Davison & Associates (NI) Limited United Kingdom⁷
Davison Lamont Limited United Kingdom⁷
De Keyzer Assurantiën B.V. Netherlands⁷
Decus Holdings (UK) Limited United Kingdom⁷
Decus Insurance Brokers Limited United Kingdom⁷
Der Kinderen Assuradeuren B.V. Netherlands⁷
Der Kinderen Verzekeringen B.V. Netherlands⁷
Digney Grant Limited United Kingdom⁷
Dominass Assurantiën B.V. Netherlands⁷
Downwind Holdings Limited Ireland⁷
Drewberry Limited United Kingdom⁷
E.W. Knapton (Insurance) Limited United Kingdom⁷
EBA Insurance Services Limited United Kingdom⁷
Edmondsons Limited United Kingdom⁷
Equinox Global Limited United Kingdom⁷
European Property Underwriting Limited United Kingdom⁷
First Broker Solutions Limited United Kingdom⁷
First Insurance Solutions Limited United Kingdom⁷
GRP (Jersey) Holdco Limited Jersey⁷
GRP Holdco 1 Limited United Kingdom⁷
Garratts Insurance Brokers Limited United Kingdom⁷
Gauntlet Insurance Services Limited United Kingdom⁷
Greens Holdco Limited United Kingdom⁷
HF Innovations Limited United Kingdom⁷
HF Resolution Limited United Kingdom⁷
HFIS Limited United Kingdom⁷
HK Assuradeuren B.V. Netherlands⁷
Health & Safety Click Limited United Kingdom⁷
Healthcover Limited United Kingdom⁷
Hedron Holdings Limited United Kingdom⁷
Heraclius Midco B.V. Netherlands⁷
Heraclius Newco B.V. Netherlands⁷
Heraclius Topco B.V. Netherlands⁷
Higos Insurance Services Limited United Kingdom⁷
IFA Assuradeuren B.V. Netherlands⁷
IFA Bedrijfsadvies B.V. Netherlands⁷
IFA Verzekeringen B.V. Netherlands⁷
Ininser B.V. Netherlands⁷
Insureq Assuradeuren B.V. Netherlands⁷
Insureq B.V. Netherlands⁷
Insync Insurance Solutions Limited United Kingdom⁷
Irvine Commercial Insurance Brokers Limited United Kingdom⁷
John Henshall Limited United Kingdom⁷
K2 Reinsurance Ltd. Bermuda⁷
KMGC Limited United Kingdom⁷
KPTI Limited United Kingdom⁷
Kees Toebak Assurantiën B.V. Netherlands⁷
Kentro Capital Limited United Kingdom⁷
Kingsway Insurance Services Limited United Kingdom⁷
Landlord Action Limited United Kingdom⁷
Lawrence Fraser Limited United Kingdom⁷
Lexicon Property Limited United Kingdom⁷
Marshall Wooldridge Limited United Kingdom⁷
McGrady Limited United Kingdom⁷
Millstream Underwriting Limited United Kingdom⁷
Mithras Underwriting Europe SRL Belgium⁷
Mithras Underwriting Italia Italy⁷
Mithras Underwriting Ltd United Kingdom⁷
Morin, Elliott Associés Ltée. Canada⁷
Mstream Ltd United Kingdom⁷
Newstead Insurance Brokers Limited United Kingdom⁷
Nexus CIFS Limited United Kingdom⁷
Nexus Claims Management Services Limited United Kingdom⁷
Nexus Europe GmbH Germany⁷
Nexus Europe SAS France⁷
Nexus Europe SRL Italy⁷
Nexus Executive Risks Limited United Kingdom⁷
Nexus Professional Risks Limited United Kingdom⁷
Nexus Share Incentive Plan Trustee Company Limited United Kingdom⁷
Nexus Structured Solutions Limited Labuan, Malaysia⁷
Nexus Trade Credit Information Services Limited United Kingdom⁷
Nexus Underwriting Asia (Holdings) Limited Hong Kong⁷
Nexus Underwriting Holdings Limited United Kingdom⁷
Nexus Underwriting Ireland Limited Ireland⁷
Nexus Underwriting Limited United Kingdom⁷
Noordelijke Assurantie Groep B.V. Netherlands⁷
Nucleus Underwriting Limited United Kingdom⁷
O'Leary Insurances Waterford Limited Ireland⁷
O'Leary Limited Ireland⁷
Oasis Property Insurance Services Limited United Kingdom⁷
Occam Underwriting Limited United Kingdom⁷
Paragon Health Benefits Ltd United Kingdom⁷
Pardus Holdings Limited United Kingdom⁷
Pardus Underwriting Limited United Kingdom⁷
Petherwick Insurance Brokers Limited United Kingdom⁷
Petsmedicover Limited United Kingdom⁷
Plum Underwriting Limited United Kingdom⁷
Plus Risk Limited United Kingdom⁷
Port Risk Verzekeringsdiensten B.V. Netherlands⁷
Premier Commercial Limited United Kingdom⁷
Prescott Jones Limited United Kingdom⁷
Prettig Pensioen B.V. Netherlands⁷
Prima voor elkaar B.V. Netherlands⁷
Professional & Medical Insurance Solutions Limited United Kingdom⁷
Professional Insurance Agents Limited United Kingdom⁷
Quintes EB Diensten B.V. Netherlands⁷
Quintes Eindhoven B.V. Netherlands⁷
Quintes Finagri B.V. Netherlands⁷
Quintes Friesland B.V. Netherlands⁷
Quintes Gelderland B.V. Netherlands⁷
Quintes Groningen B.V. Netherlands⁷
Quintes Holding B.V. Netherlands⁷
Quintes Insurance Brokers B.V. Netherlands⁷
Quintes Limburg B.V. Netherlands⁷
Quintes Midden Limburg B.V. Netherlands⁷
Quintes Midden Nederland B.V. Netherlands⁷
Quintes Noord Brabant B.V. Netherlands⁷
Quintes Noord Holland B.V. Netherlands⁷
Quintes Overijssel B.V. Netherlands⁷
Quintes Pensioenadviseurs B.V. Netherlands⁷
Quintes Pensioenservices B.V. Netherlands⁷
Quintes Underwriting B.V. Netherlands⁷
Quintes Underwriting Uitkeringen B.V. Netherlands⁷
Quintes Verzekeren & Risicomanagement B.V. Netherlands⁷
Quintes Verzuimmanagement B.V. Netherlands⁷
Quintes West-Friesland B.V. Netherlands⁷
Quintes Zuid Holland B.V. Netherlands⁷
R McGee Insurance Broker Limited United Kingdom⁷
RIB Group Limited United Kingdom⁷
RK Shipman Limited United Kingdom⁷
RMA (Anguilla) Ltd Anguilla⁷
RMA (Bahamas) Ltd. Bahamas⁷
RSC India Data Private Limited India⁷
Risk Strategies Canada Limited Canada⁷
Saferide Motor Club of Canada, ULC Canada⁷
Schipaanboord Verzekeringen & Advies B.V. Netherlands⁷
Shearwater Insurance Services Limited United Kingdom⁷
Special Risk Insurance Managers Ltd. Canada⁷
Spectrum Risk Consulting (Singapore) Pte. Singapore⁷
Spectrum Risk Management Limited New Zealand⁷
Square Circle Brokers Limited United Kingdom⁷
Square Peg Holdings Limited United Kingdom⁷
Strategic Underwriting Managers Inc. Canada⁷
Sure Insurance Services Ltd United Kingdom⁷
T&W Advies B.V. Netherlands⁷
T. Oscar Rollins & Co Limited United Kingdom⁷
Tenancy Deposit Solutions Limited United Kingdom⁷
Tenancy Deposits (Jersey) Limited Jersey⁷
Tenancy Deposits (NI) Limited United Kingdom⁷
Tenancy Deposits (Scotland) Limited United Kingdom⁷
The CI Group Limited United Kingdom⁷
The Purple Partnership Limited United Kingdom⁷
Thompson & Co (Risk Solutions) Limited United Kingdom⁷
Tinke Assurantiën B.V. Netherlands⁷
Titan Property & Casualty Ltd SAC Bahamas⁷
Trimulgherry Investments Limited United Kingdom⁷
Trinitum B.V. Netherlands⁷
U-Sure Insurance Services Limited United Kingdom⁷
UK Special Risks Limited United Kingdom⁷
Van Dommele Advies Groep B.V. Netherlands⁷
Van Eikeren Assurantiën B.V. Netherlands⁷
Verzuimvizie B.V. Netherlands⁷
WGS (B&B) UK Limited United Kingdom⁷
WM Brokers Limited United Kingdom⁷
Weatherbys Hamilton LLP United Kingdom⁷
Web Shaw Limited United Kingdom⁷
Weitenberg Assuradeuren B.V. Netherlands⁷
Weitenberg Assurantiën B.V. Netherlands⁷
Westeinder Assuradeuren B.V. Netherlands⁷
Woodward Markwell Holdco B Limited United Kingdom⁷
Xenia Broking Group Limited United Kingdom⁷
Xenia Broking Limited United Kingdom⁷
Xenia Risk Services Limited United Kingdom⁷
Xenia Specialty Limited United Kingdom⁷
Your Business Development Ltd United Kingdom⁷
iRevolution (North East) Limited United Kingdom⁷

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Acquisitions

Brown & Brown has grown significantly through strategic acquisitions. Notable acquisitions include:

Hays Companies (2018) – A major employee benefits and risk management firm based in Minneapolis.

CoverHound and CyberPolicy (2021) – Digital platforms offering small business and personal lines insurance.

Orchid Underwriters and CrossCover Insurance Services (2023) – Expanded the company's E&S (excess and surplus) capabilities.

Read the full text

Global Risk Partners (GRP) (2022) – A major U.K.-based insurance intermediary, marking a significant expansion into the European market.

O’Leary Insurances (2021) – A comprehensive insurance broking service based in Ireland. The acquisition marked Brown & Brown’s strategic entry into the EU market.

McNamara Company (2024) – Offers a range of insurance solutions for businesses, families, and individuals.

Accession Risk Management Group, including Risk Strategies (2025) – A private American insurance brokerage and risk management advisor. This acquisition expanded Brown & Brown’s presence in property and casualty, employee benefits, and middle-market broker services. The acquisition added more than 5,000 employees.

MacKay Corporate Insurance Brokers (2026) – A commercial and personal insurance broker based in Scotland. The acquisition marked Brown & Brown’s strategic entry into the Scotland market.

From Wikipedia’s article on Brown & Brown, shared under CC BY-SA 4.0.⁶

Former names

BROWN & BROWN, INCNov 13, 2017 to Nov 13, 2017⁵
BROWN & BROWN INCAug 9, 1999 to Nov 3, 2017⁵
POE & BROWN INCFeb 14, 1994 to Mar 15, 1999⁵

Timeline

Sep 10, 20268-K Regulation FD disclosure⁸⁶
Aug 10, 20268-K Executive or director change⁸⁷
Jul 27, 20268-K Results of operations⁸⁸
Jun 5, 20268-K Entered a material agreement; New debt or obligation⁸⁹
May 7, 20268-K Executive or director change; Shareholder vote⁹⁰
Apr 27, 20268-K Results of operations⁹¹
Apr 9, 20268-K Regulation FD disclosure⁹²
Mar 4, 20268-K Executive or director change⁹³
Mar 2, 20268-K Regulation FD disclosure⁹⁴
Jan 26, 20268-K Results of operations⁹⁵
Oct 27, 20258-K Results of operations⁹⁶
Oct 20, 20258-K Executive or director change⁹⁷
Jul 23, 2009New chief executive J. Powell Brown becomes CEO¹⁹
Dec 16, 2003New chief executive Hyatt J. Brown becomes CEO²⁰
1939Founded Founded¹

Calendar

Coming up

Oct 26, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $1.05 a share, on Oct 27, 2025.⁹⁸

When it reported results

Jul 27, 2026Reported quarterly or annual results⁸⁸
Apr 27, 2026Reported quarterly or annual results⁹¹
Jan 26, 2026Reported quarterly or annual results⁹⁵
Oct 27, 2025Reported quarterly or annual results⁹⁶
Aug 22, 2025Reported quarterly or annual results⁹⁹
Jul 28, 2025Reported quarterly or annual results¹⁰⁰
Apr 28, 2025Reported quarterly or annual results¹⁰¹
Jan 27, 2025Reported quarterly or annual results¹⁰²

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

351 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 67 major events, 204 insider forms, 17 large holders, 43 other. The latest 20:

Sep 23, 20264 EDGAR
Sep 10, 20268-K EDGAR
Aug 10, 20268-K EDGAR
Aug 6, 2026SCHEDULE 13G EDGAR
Jul 27, 202610-Q EDGAR
Jul 27, 20268-K EDGAR
Jun 25, 202611-K EDGAR
Jun 10, 20264 EDGAR
Jun 5, 20268-K EDGAR
May 14, 2026SCHEDULE 13G/A EDGAR
May 8, 2026S-3ASR EDGAR
May 7, 2026S-8 EDGAR
May 7, 20268-K EDGAR
May 6, 20264 EDGAR
May 6, 20264 EDGAR
May 6, 20264 EDGAR
May 6, 20264 EDGAR
May 6, 20264 EDGAR
May 6, 20264 EDGAR
May 6, 20264 EDGAR

The 351 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

25 open-market trades by officers, directors and large owners since October 2021: 15 buys and 10 sales. Grants, option exercises and gifts are left out.

Date	Who	Trade	Shares	Price	Value	Filing
Jun 9, 2026	JOHNSON JOIA MDirector	Buy	860	$58.05	$49.9K	Form 4
May 5, 2026	PROCTOR H PALMER JRDirector	Buy	2,000	$57.10	$114.2K	Form 4
Aug 8, 2025	KRUMP PAUL JDirector	Buy	2,678	$93.31	$249.9K	Form 4
Aug 6, 2025	Masojada Bronislaw EdmundDirector	Buy	1,000	$91.44	$91.4K	Form 4
Nov 26, 2024	BROWN HYATT JChairman	Sale	29,921	$111.75	$3.3M	Form 4
Nov 25, 2024	BROWN HYATT JChairman	Sale	389,007	$111.75	$43.5M	Form 4
Aug 29, 2024	BROWN HYATT JChairman	Sale	134,640	$104.51	$14.1M	Form 4
Aug 8, 2024	Watts R. AndrewEVP, CFO and Treasurer	Sale	2,500	$100.32	$250.8K	Form 4
Jun 7, 2024	Turpin JulieEVP/Chief People Officer	Sale	3,350	$89.92	$301.2K	Form 4
Mar 13, 2024	BROWN HYATT JChairman	Sale	91,677	$85.14	$7.8M	Form 4
Mar 12, 2024	BROWN HYATT JChairman	Sale	144,323	$85.95	$12.4M	Form 4
Nov 2, 2023	Boyd Stephen MEVP/Pres Spec Dist Segment	Sale	2,500	$70.64	$176.6K	Form 4
Jun 21, 2023	Masojada Bronislaw EdmundDirector	Buy	4,000	$65.78	$263.1K	Form 4
May 1, 2023	PROCTOR H PALMER JRDirector	Sale	449	$65.68	$29.5K	Form 4
Mar 15, 2023	Hays James CharlesDirector	Buy	5,000	$53.50	$267.5K	Form 4
Feb 10, 2023	GELLERSTEDT LAWRENCE L IIIDirector	Buy	3,400	$57.92	$196.9K	Form 4
Aug 8, 2022	LLOYD ROBERT WEVP, Secy, General Counsel	Sale	10,129	$65.48	$663.3K	Form 4
May 19, 2022	GELLERSTEDT LAWRENCE L IIIDirector	Buy	1,800	$54.95	$98.9K	Form 4
May 5, 2022	BROWN HUGH MDirector	Buy	1,311	$60.13	$78.8K	Form 4
May 5, 2022	Hays James CharlesDirector	Buy	5,000	$58.90	$294.5K	Form 4

All 25 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

FMR LLCSCHEDULE 13G, 1 filing Aug 6, 2026¹⁰³
Capital World InvestorsSCHEDULE 13G/A, 2 filings Nov 13, 2025 to May 14, 2026¹⁰⁴
VANGUARD CAPITAL MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 29, 2026¹⁰⁵
VANGUARD GROUP INCSCHEDULE 13G/A, 6 filings Jan 10, 2022 to Mar 26, 2026¹⁰⁶
Select Equity Group, L.P.SC 13G/A, 4 filings Feb 14, 2022 to Nov 14, 2024¹⁰⁷
BlackRockSC 13G/A, 3 filings Feb 1, 2022 to Jan 29, 2024¹⁰⁸

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

Year	Executive	Salary	Total pay
2025	J. Powell BrownChief Executive Officer and President	$1.2M	$8.6M¹⁰⁹
2025	Stephen P. HearnExecutive Vice President; Chief Operating Officer and President – Retail Segment	$720.9K	$4.0M¹⁰⁹
2025	R. Andrew WattsChief Financial Officer Executive Vice President and Treasurer	$800.0K	$3.7M¹⁰⁹
2025	P. Barrett BrownExecutive Vice President	$1.0M	$3.5M¹⁰⁹
2025	Chris L. WalkerExecutive Vice President and Chairman – Specialty Distribution Segment	$900.0K	$3.4M¹⁰⁹
2024	J. Powell BrownChief Executive Officer and President	$1.2M	$11.7M¹⁰⁹
2024	Chris L. WalkerExecutive Vice President and Chairman – Specialty Distribution Segment	$896.2K	$4.7M¹⁰⁹
2024	P. Barrett BrownExecutive Vice President	$992.3K	$4.1M¹⁰⁹
2024	R. Andrew WattsChief Financial Officer Executive Vice President and Treasurer	$794.2K	$4.1M¹⁰⁹
2023	J. Powell BrownChief Executive Officer and President	$1.0M	$9.8M¹⁰⁹
2023	Chris L. WalkerExecutive Vice President and Chairman – Specialty Distribution Segment	$800.0K	$3.5M¹⁰⁹
2023	P. Barrett BrownExecutive Vice President	$800.0K	$3.4M¹⁰⁹
2023	R. Andrew WattsChief Financial Officer Executive Vice President and Treasurer	$648.1K	$3.3M¹⁰⁹

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

Fund	Shares	Value	Share of the fund	Change
First Eagle Investment Management, LLC	23,455,028	$1.5B	1.2%	+14,631,866
BlackRock, Inc.	22,113,344	$1.4B	0.0%	+196,597
Vanguard Capital Management LLC	18,941,212	$1.2B	0.0%	+19,972
Fmr LLC	18,405,749	$1.2B	0.1%	+2,355,053
Principal Financial Group Inc	15,721,830	$1.0B	0.5%	+113,110
Vanguard Portfolio Management LLC	14,631,444	$938.6M	0.0%	+44,968
State Street Corp	14,514,119	$931.1M	0.0%	+737,657
Capital World Investors	14,465,915	$928.0M	0.1%	−2,028,007
Geode Capital Management, LLC	8,230,737	$526.0M	0.0%	+92,584
Van Lanschot Kempen Investment Management N.v.	6,709,042	$430.4M	3.3%	+837,827
Orbis Allan Gray Ltd	5,371,080	$344.6M	1.2%	New
Select Equity Group, L.P.	4,892,500	$313.9M	1.7%	−3,129,623
Norges Bank	4,396,401	$282.0M	0.0%	New
Deutsche Bank Ag\	4,161,199	$266.9M	0.1%	−40,835
Invesco Ltd.	4,098,277	$262.9M	0.0%	+616,968
Capital Research Global Investors	3,913,022	$251.0M	0.0%	+21,360
Morgan Stanley	3,869,724	$248.2M	0.0%	+624,752
Goldman Sachs Group Inc	3,637,032	$233.3M	0.0%	+1,356,430
Bank Of America Corp /de/	3,554,971	$228.1M	0.0%	−68,208
Royal Bank Of Canada	3,471,860	$222.7M	0.0%	−97,924
Jpmorgan Chase & Co	3,097,240	$198.1M	0.0%	−39,784
Wells Fargo & Company/mn	2,641,788	$169.5M	0.0%	−356,673
Northern Trust Corp	2,469,722	$158.4M	0.0%	+20,960
ProShare Advisors LLC	2,406,478	$154.4M	0.2%	+218,614
Fenimore Asset Management Inc	2,243,843	$143.9M	3.0%	+20,707

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

43 trades disclosed by members of Congress, the latest 25. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

Date	Member	Trade	Amount	Vs S&P since	Filing
Aug 25, 2026	April McClain DelaneyDemocratic, House	Sale	$100,001 - $250,000	+6.1%	Report
Apr 17, 2026	April McClain DelaneyDemocratic, House	Partial sale	$1,001 - $15,000	+6.2%	Report
Mar 27, 2026	Alan ArmstrongRepublican, Senate	Buy	$1,001 - $15,000	−12.3%	Report
Mar 23, 2026	Jared MoskowitzDemocratic, House	Sale	$1,001 - $15,000	+13.7%	Report
Mar 23, 2026	Jared MoskowitzDemocratic, House	Sale	$1,001 - $15,000	+13.7%	Report
Mar 23, 2026	Jared MoskowitzDemocratic, House	Sale	$1,001 - $15,000	+13.7%	Report
Feb 10, 2026	Byron DonaldsRepublican, House	Sale	$1,001 - $15,000	+8.9%	Report
Feb 10, 2026	Byron DonaldsRepublican, House	Sale	$1,001 - $15,000	+8.9%	Report
Feb 6, 2026	April McClain DelaneyDemocratic, House	Buy	$1,001 - $15,000	−17.7%	Report
Jan 9, 2026	Gilbert Ray Cisneros, Jr.Democratic, House	Partial sale	$1,001 - $15,000	+25.1%	Report
Dec 12, 2025	April McClain DelaneyDemocratic, House	Buy	$1,001 - $15,000	−28.2%	Report
Dec 11, 2025	Dan NewhouseRepublican, House	Sale	$1,001 - $15,000	+24.7%	Report
Dec 5, 2025	April McClain DelaneyDemocratic, House	Buy	$1,001 - $15,000	−24.0%	Report
Nov 20, 2025	April McClain DelaneyDemocratic, House	Buy	$1,001 - $15,000	−31.1%	Report
Nov 18, 2025	Gilbert Ray Cisneros, Jr.Democratic, House	Buy	$1,001 - $15,000	−30.1%	Report
Oct 31, 2025	April McClain DelaneyDemocratic, House	Buy	$1,001 - $15,000	−26.1%	Report
Oct 31, 2025	Lisa C. McClainRepublican, House	Sale	$1,001 - $15,000	+26.1%	Report
Oct 30, 2025	Lisa C. McClainRepublican, House	Buy	$1,001 - $15,000	−27.3%	Report
Oct 30, 2025	Lisa C. McClainRepublican, House	Sale	$1,001 - $15,000	+27.3%	Report
Oct 29, 2025	April McClain DelaneyDemocratic, House	Buy	$1,001 - $15,000	−25.9%	Report
Oct 24, 2025	Byron DonaldsRepublican, House	Buy	$1,001 - $15,000	−35.1%	Report
Oct 9, 2025	Byron DonaldsRepublican, House	Buy	$1,001 - $15,000	−42.3%	Report
Oct 9, 2025	Byron DonaldsRepublican, House	Buy	$1,001 - $15,000	−42.3%	Report
Sep 23, 2025	Val T. HoyleDemocratic, House	Sale	$1,001 - $15,000	+41.1%	Report
Sep 18, 2025	April McClain DelaneyDemocratic, House	Buy	$1,001 - $15,000	−41.0%	Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Brown & Brown is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

Name on EDGARBROWN & BROWN, INC.²
CIK0000079282
Employer ID (EIN)59-0864469¹⁸
Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company¹⁸
Incorporated inFlorida¹⁸
Fiscal year endsJanuary 19²
Industry code (SIC)6411 Insurance Agents, Brokers & Service²
SEC reviewing officeOffice of Finance, Division of Corporation Finance²
Business address300 N. Beach Street, Daytona Beach, FL 32114²
Phone386-252-9601²
Shares outstanding334,610,357 as of Jul 24, 2026¹⁵
Public float$31.6B as of Jun 30, 2025¹⁸
AuditorDeloitte & Touche LLP, Tampa, Florida, United States of America PCAOB ID 34; it also attests to the company’s internal control over financial reporting¹⁸
On EDGAR sinceFeb 14, 1994²
Filings1,566 in all: 4 (839), 8-K (231), 10-Q (95), SC 13G/A (62), 3 (36), 10-K (32), 11-K (32), 5 (32)²
All 44 form types
DEF 14A (32), S-8 (15), SC 13G (15), ARS (14), DEFA14A (14), 424B5 (12), 144 (9), S-3/A (9), 10-Q/A (8), 425 (6), FWP (6), S-3 (6), S-3ASR (6), 424B2 (5), 8-K/A (5), UPLOAD (5), 10-K/A (4), PRE 14A (4), 4/A (3), CORRESP (3), SCHEDULE 13G (3), SCHEDULE 13G/A (3), 8-A12B (2), DEFR14A (2), NT 11-K (2), S-4 (2), S-4/A (2), S-8 POS (2), 11-K/A (1), 15-12G (1), 25 (1), 3/A (1), 424B4 (1), 5/A (1), NT 15D2/A (1), REGDEX (1)
Latest filingsAnnual report (10-K) Feb 12, 2026
Quarterly report (10-Q) Jul 27, 2026
Proxy statement (DEF 14A) Mar 24, 2026
Latest 8-K (8-K) Sep 10, 2026

Securities registered for trading

Class	Symbol	Exchange
COMMON STOCK, $0.10 PAR VALUE	BRO	New york stock exchange

From the cover page of the 10-K filed Feb 12, 2026 (Section 12(b) of the Exchange Act).¹⁸

Risk factors and legal proceedings

The risks Brown & Brown names in Item 1A of its 10-K filed Feb 12, 2026: 2 risks under these headings, as written.¹⁸

Risks Related to the Acquisition of Accession
Risks Related to Our Business
Our F&I businesses may be negatively impacted by a slowdown in vehicles sales in the united states or by regulatory changes, including tax-related changes, affecting the sale of f&I products by vehicle dealers.
changes in, or the termination of, certain programs administered by the U.s. federal government from which we derive revenues could adversely impact our results of operations.
Risks Related to Legal, Compliance and Regulatory Matters
Risks Related to Our Indebtedness and Financing
Risks Related to Our Industry

Legal proceedings

We are subject to numerous litigation claims that arise in the ordinary course of business. We do not believe any of these claims are, or are likely to become, material to our business.

The opening of Item 3, Legal Proceedings.¹⁸

Sources

The numbers on this page point here. Each one links to the record it came from.

1
WikidataBrown & Brown on Wikidata
2
SEC EDGARBrown & Brown filings on SEC EDGAR
3
WikipediaBrown & Brown on Wikipedia
4
GLEIFBrown & Brown LEI record (549300PC8KTJ71XKFY89)
5
SEC EDGARBrown & Brown filings on SEC EDGAR
6
WikipediaBrown & Brown on Wikipedia (revision used)
7
SEC EDGARBrown & Brown annual report, Exhibit 21 (subsidiaries)
8
Company websiteBrown & Brown photo
9
SEC EDGARBrown & Brown 10-K for fiscal 2025
10
SEC EDGARBrown & Brown 10-K for fiscal 2019
11
SEC EDGARBrown & Brown 10-K for fiscal 2020
12
SEC EDGARBrown & Brown 10-K for fiscal 2021
13
SEC EDGARBrown & Brown 10-K for fiscal 2022
14
SEC EDGARBrown & Brown 10-Q for fiscal 2026
15
SEC EDGARBrown & Brown 10-Q for fiscal 2026
16
SEC EDGARBrown & Brown 10-K for fiscal 2019
17
SEC EDGARBrown & Brown 10-K for fiscal 2019
18
SEC EDGARBrown & Brown 10-K filed Feb 12, 2026: Item 2, Properties
19
SEC EDGARJ. Powell Brown, Chief executive officer
20
SEC EDGARHyatt J. Brown, Chief executive officer
21
SEC EDGARAnthony T. Strianese, Chair
22
SEC EDGARJim W. Henderson, Chair
23
SEC EDGARAnthony T. Strianese, President
24
SEC EDGARJerome Scott Penny, President
25
SEC EDGARCharlie Lydecker, President
26
SEC EDGARLinda S. Downs, President
27
SEC EDGARC. Roy Bridges, President
28
SEC EDGARKenneth D. Kirk, President
29
SEC EDGARJ. Powell Brown, President
30
SEC EDGARThomas E. Riley, President
31
SEC EDGARJim W. Henderson, President
32
SEC EDGARR. Andrew Watts, Chief financial officer
33
SEC EDGARCory T. Walker, Chief financial officer
34
SEC EDGARStephen Patrick Hearn, Chief operating officer
35
SEC EDGARLinda S. Downs, Chief operating officer
36
SEC EDGARStephen Patrick Hearn, Exec VP Chief Op Officer
37
SEC EDGARPaul M. Gallagher, VP, Controller & CAO
38
SEC EDGARJulie Turpin, EVP/Chief People Officer
39
SEC EDGARKenneth Gray Nester Ii., EVP/Chief Information Officer
40
SEC EDGARP. Barrett Brown, EVP and Pres.- Retail Segment
41
SEC EDGARJulie K. Ryan, EVP, Chief People Officer
42
SEC EDGARR. Andrew Watts, EVP and Treasurer
43
SEC EDGARLaurel L. Grammig, VP, Sec & Chief Corp. Counsel
44
SEC EDGARSam R. Boone Jr., Regional Executive Vice Pres.
45
SEC EDGARColin E. Lowe, Regional Executive VP
46
SEC EDGARJerome Scott Penny, Regional Executive VP
47
SEC EDGARMichael J. Riordan, Regional Executive VP
48
SEC EDGARKenneth R. Masters, Regional Executive VP
49
SEC EDGARJim W. Henderson, Vice chair
50
SEC EDGARMichael Paschke, Regional Executive VP
51
SEC EDGARAnthony T. Strianese, Regional Executive VP
52
SEC EDGARRobert W. Lloyd, VP & Chief Litigation Officer
53
SEC EDGARRobert F. Iocco, Regional Executive VP
54
SEC EDGARThomas M. Donegan Jr., Vice President and
55
SEC EDGARRichard Freebourn, Vice President
56
SEC EDGARKenneth D. Kirk, Regional Exec. VP
57
SEC EDGARC. Roy Bridges, Regional Exec. Vice President
58
SEC EDGARLinda S. Downs, Regional Exec. Vice President
59
SEC EDGARJ. Powell Brown, Regional Exec. Vice President
60
SEC EDGARThomas E. Riley, Regional Exec. Vice President
61
SEC EDGARCharlie Lydecker, Regional Exec. Vice President
62
SEC EDGARJoia M. Johnson, Board member
63
SEC EDGARKathleen A. Savio, Board member
64
SEC EDGARStephen Patrick Hearn, Board member
65
SEC EDGARJaymin B. Patel, Board member
66
SEC EDGARBronislaw Edmund Masojada, Board member
67
SEC EDGARPaul J. Krump, Board member
68
SEC EDGARLawrence L. Gellerstedt Iii., Board member
69
SEC EDGARJames S. Hunt, Board member
70
SEC EDGARH. Palmer Proctor Jr., Board member
71
SEC EDGARHyatt J. Brown, Board member
72
SEC EDGARTimothy R.m. Main, Board member
73
SEC EDGARToni Jennings, Board member
74
SEC EDGARWendell Reilly, Board member
75
SEC EDGARBradley Currey Jr., Board member
76
SEC EDGARJohn R. Riedman, Board member
77
SEC EDGARSamuel P. Bell Iii., Board member
78
SEC EDGARDavid H. Hughes, Board member
79
SEC EDGARTheodore J. Hoepner, Board member
80
SEC EDGARJan E. Smith, Board member
81
SEC EDGARHugh M. Brown, Board member
82
SEC EDGARChilton D. Varner, Board member
83
SEC EDGARCharles Robert Mathis Iv., General counsel
84
SEC EDGARRobert W. Lloyd, General counsel
85
SEC EDGARLaurel L. Grammig, General counsel
86
SEC EDGARRegulation FD disclosure
87
SEC EDGARExecutive or director change
88
SEC EDGARResults of operations
89
SEC EDGAREntered a material agreement; New debt or obligation
90
SEC EDGARExecutive or director change; Shareholder vote
91
SEC EDGARResults of operations
92
SEC EDGARRegulation FD disclosure
93
SEC EDGARExecutive or director change
94
SEC EDGARRegulation FD disclosure
95
SEC EDGARResults of operations
96
SEC EDGARResults of operations
97
SEC EDGARExecutive or director change
98
NasdaqNasdaq calendar
99
SEC EDGARBrown & Brown 8-K, Item 2.02 (results of operations)
100
SEC EDGARBrown & Brown 8-K, Item 2.02 (results of operations)
101
SEC EDGARBrown & Brown 8-K, Item 2.02 (results of operations)
102
SEC EDGARBrown & Brown 8-K, Item 2.02 (results of operations)
103
SEC EDGARFMR LLC SCHEDULE 13G on Brown & Brown
104
SEC EDGARCapital World Investors SCHEDULE 13G/A on Brown & Brown
105
SEC EDGARVANGUARD CAPITAL MANAGEMENT LLC SCHEDULE 13G on Brown & Brown
106
SEC EDGARVANGUARD GROUP INC SCHEDULE 13G/A on Brown & Brown
107
SEC EDGARSelect Equity Group, L.P. SC 13G/A on Brown & Brown
108
SEC EDGARBlackRock SC 13G/A on Brown & Brown
109
SEC EDGARBrown & Brown proxy statement (DEF 14A), 2025 pay

Overview

Financials

Key numbers, fiscal 2025

What sells

Products and services

Business segments

Regions

Where the money goes

Where each dollar of revenue went, fiscal 2025

Where each dollar of operating cash went, fiscal 2025

Financial statements

Corporate structure

What it owns

Property and equipment

Investments

Intangibles and goodwill

Properties, in its own words

The story

Leadership

Chief executive

Chair

President

Chief financial officer

Chief operating officer

Products and brands

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

Acquisitions

Former names

Timeline

Calendar

Coming up

When it reported results

Filings

Insider trades

Major holders

Executive pay

Held by these funds

Members of Congress who traded it

SEC filer profile

Securities registered for trading

Risk factors and legal proceedings

Legal proceedings

Links

Sources