BRO Stock - Brown & Brown Inc.

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Brown & Brown, Inc. is a prominent player in the insurance industry, specializing in the marketing and distribution of insurance products and services across a diverse range of markets including the United States, Bermuda, Canada, Ireland, the United Kingdom, and the Cayman Islands. Operating through four core segments Retail, National Programs, Wholesale Brokerage, and Services the company provides comprehensive insurance solutions tailored to meet the needs of commercial entities, public institutions, professionals, and individual customers.

The Retail segment of Brown & Brown offers a broad spectrum of insurance products such as property and casualty, employee benefits, personal insurance, and specialty lines. Additionally, it provides critical services including loss control analysis, consultancy, and claims processing. Serving a wide array of clients, from commercial enterprises to individual policyholders, this segment is integral to the company's client-centric approach and commitment to delivering tailored insurance solutions.

Founded in 1939 and headquartered in Daytona Beach, Florida, Brown & Brown, Inc. has established itself as a leader in the insurance market by continuously expanding its capabilities. Beyond traditional insurance offerings, the company's National Programs segment specializes in professional liability insurance for various sectors, offering customized packages that include supplemental coverage for specialized events and cyber liabilities. Complementing these efforts, the Wholesale Brokerage segment markets excess and surplus lines insurance through independent agents and brokers, while the Services segment provides third-party claims administration and medical management services across diverse insurance sectors, ensuring comprehensive support and advocacy for its clients.

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