Brown & Brown, Inc. (BRO)

Brown & Brown, Inc. is a renowned insurance brokerage firm that was established in 1939. The company is headquartered in Daytona Beach, Florida, and has grown to become one of the largest and most respected insurance brokerages in the United States. Under the leadership of CEO J. Powell Brown, the company has expanded its services globally, offering a wide range of insurance products and risk management solutions to both individuals and businesses. Brown & Brown is known for its decentralized approach, allowing regional offices to operate semi-autonomously, which contributes to its agility and responsiveness to client needs. The company reported impressive financial performance, with annual revenues reaching over $3 billion, reflecting its robust growth and commitment to innovation in the insurance sector. Brown & Brown’s key strengths lie in its diverse service offerings, extensive industry expertise, and a client-centric approach that prioritizes personalized service and long-term relationships.