Name | Value |
---|---|
Revenues | 1,178.0M |
Cost of Revenue | 55.0M |
Gross Profit | 1,123.0M |
Operating Expense | 228.0M |
Operating I/L | 365.0M |
Other Income/Expense | -19.0M |
Interest Income | 0.0M |
Pretax | 346.0M |
Income Tax Expense | 87.0M |
Net Income/Loss | 257.0M |
Brown & Brown, Inc. is a leading insurance brokerage firm operating in the United States, Bermuda, Canada, Ireland, the United Kingdom, and the Cayman Islands. The company generates revenue through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail segment offers a wide range of insurance products and services to commercial, public, professional, and individual customers. The National Programs segment specializes in professional liability insurance and supplementary insurance products. The Wholesale Brokerage segment markets excess and surplus commercial and personal lines insurance, while the Services segment provides third-party claims administration and medical utilization management services.