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While malicious messages are nothing new, they’re becoming more sophisticated and harder to pick out from legitimate business communications. Brown & Brown, Inc. (Brown & Brown Insurance or B&B) is an American provider of insurance, reinsurance products, and federal programs services to general business, corporate, governmental, quasi-governmental, institutional, professional, trade association, and individual clients. Its headquarters are in Daytona Beach, Florida.
Trade name Traded as Key people
Net income US$587.1 million (2021)[3]Total assets US$9.79 billion (2021)[3]Total equity US$4.19 billion (2021)[3]OwnerJ. Hyatt Brown, 13.3%[4]Number of employees 12,023 (2021)[3]Websitebbinsurance.com
In 2021 the company ranked as the fifth largest independent insurance intermediary organization in the U.S. and sixth largest in the world by Business Insurance magazine.[5] Brown & Brown was co-founded by J. Adrian Brown in 1939. His son, J. Hyatt Brown, became CEO in 1961, a position he held until 2009. Under Hyatt, Brown & Brown expanded from a small local, family-owned insurance agency with a single office in Daytona Beach to the nation's sixth-largest insurance brokerage with offices nationwide.[6] In March 2022, it was announced Brown & Brown had completed the acquisition two property-focused insurance companies - Florida-based Orchid Underwriters Agency and Texas-based CrossCover Insurance Services.[7] In June of 2022, Brown & Brown acquired Profits Creation, a vehicle dealer supplier, for an undisclosed sum.[8] Brown & Brown extended their reach in the United Kingdom when they acquired Global Risk Partners in 2022. [9]
Growth has no finish line.No matter where you are on your growth journey, we can help you find solutions to meet your ever-evolving insurance and risk management needs. If you are a highly complex multinational company, an individual or anything in between, our experienced teams can help every step of the way.
At Brown & Brown our team is built to deliver innovative solutions and superior service. Experience the personalized, dedicated service you deserve to help protect what you value most.
As a successful business, you plan for the future and adapt as circumstances change your course. At Brown & Brown, we help you navigate the path forward, by taking a different approach to how you view, analyze and purchase insurance. Learn More
Drawing on our experience across all industries, we develop comprehensive benefit programs that help recruit and retain talent, manage rising health care costs, elevate benefit communications and related technology and align strategies to support your organizational goals. Learn More
Whether you already have significant financial assets or are on the road to high net worth, Brown & Brown’s Personal Insurance team offers comprehensive insurance for your lifestyle. Learn More
By offering services specialized by industry focus and product knowledge, Brown & Brown can deliver innovative solutions to fit your business’s unique needs. Learn More
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