Brown & Brown, Inc. (BRO)

72.27 -0.10 (-0.14%) At close: 04:00PM EDT

Brown & Brown, Inc.

300 North Beach Street
Daytona Beach, FL 32114
United States
386 252 9601
https://www.bbinsurance.com

Sector(s): Financial Services
Industry: Insurance Brokers
Full-time employees: 15,201

Key executives

Name	Title	Pay	Exercised	Year born
Mr. J. Powell Brown C.P.C.U., CPCU	CEO, Pres & Director	3.79M	N/A	1968
Mr. R. Andrew Watts	Exec. VP, CFO & Treasurer	1.72M	N/A	1969
Mr. J. Scott Penny C.I.C., CIC	Exec. VP & Chief Acquisitions Officer	2.07M	N/A	1967
Mr. Chris L. Walker	Exec. VP & Pres of National Programs Segment	2.34M	N/A	1958
Mr. P. Barrett Brown	Exec. VP & Pres of Retail Segment	2.62M	N/A	1973
Mr. Kiet Tran	Chief Technology Officer	N/A	N/A	N/A
Mr. Kenneth Gray Nester II	Exec. VP & Chief Information Officer	N/A	N/A	1976
Mr. Robert Mathis	Chief Legal Officer	N/A	N/A	N/A
Jenny Goco	Director of Communications	N/A	N/A	N/A
Ms. Julie L. Turpin	Exec. VP & Chief People Officer	N/A	N/A	1971

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Brown & Brown, Inc. markets and sells insurance products and services in the United States, Canada, Ireland, the United Kingdom, and internationally. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail segment provides property and casualty, employee benefits insurance products, personal insurance products, specialties insurance products, risk management strategies, loss control survey and analysis, consultancy, and claims processing services. It serves commercial, public and quasi-public entities, professional, and individual customers. The National Programs segment offers professional liability and related package insurance products for dentistry, legal, eyecare, insurance, financial, physicians, real estate title professionals, as well as supplementary insurance products related to weddings, events, medical facilities, and cyber liabilities. This segment also provides public entity-related and specialty programs through a network of independent agents; and program management services for insurance carrier partners. The Wholesale Brokerage segment markets and sells excess and surplus commercial and personal lines insurance through independent agents and brokers. The Services segment offers third-party claims administration and medical utilization management services in the workers' compensation and all-lines liability arenas, Medicare Set-aside, Social Security disability, Medicare benefits advocacy, and claims adjusting services. Brown & Brown, Inc. was founded in 1939 and is headquartered in Daytona Beach, Florida.

Corporate governance

Brown & Brown, Inc.’s ISS governance QualityScore as of 1 September 2023 is 7. The pillar scores are Audit: 4; Board: 10; Shareholder rights: 2; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.