Brown & Brown Inc BRO

Brown & Brown, Inc. markets and sells insurance products in several countries, including the United States, Canada, Bermuda, Cayman Islands, the United Kingdom, and Ireland. With its headquarters in Daytona Beach, Florida, Brown & Brown was founded in 1939.

The company offers a range of products and services, with a focus on the property, casualty, and employee benefits areas. It operates through four segments, which include: Retail, National Programs, Wholesale Brokerage, and Services. Brown & Brown offers insurance products and services to public, quasi-public, and commercial operations, professional liability insurance, flood coverage, target products and services for specific industries, individual insurance products, and insurance-related services such as third-party claims administration and medical utilisation management services.

Available on the NYSE, Brown & Brown stock is listed under the ticker BRO. In October 2021, the company acquired all the shares of Remedy Analytics, the producer of the proprietary PharmaLogic data-based medication platform. In the same month, Brown & Brown acquired Winston Benefits, which provides technology-enabled benefit communication, enrolment, and administration solutions for employers within the United States. In November 2021, Brown & Brown acquired Heacock Insurance, which is expected to boost the company's presence in central Florida.

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