Brown & Brown, Inc.

Brown & Brown, Inc. is an insurance brokerage company headquartered in Daytona Beach, Florida, founded in 1939. Its shares trade on the New York Stock Exchange under the ticker BRO, and it is a member of the S&P 500 index. The company does not underwrite insurance; it matches insurance products with insurers on behalf of businesses and individuals.

Operations run in four main lines. The retail line acts as an intermediary for businesses and individuals in property, liability, employee benefits and personal insurance products. The programs line designs insurance programs specific to certain industries or risks. The wholesale brokerage line places the complex risks of other agencies with insurers. The services line works in areas such as claims management and corporate services. A significant part of income consists of commissions and fees from insurers, so results are sensitive to premium prices and growth through acquisitions.

Those following Brown & Brown stock typically track premium pricing trends in insurance, company acquisitions, new client wins and the effect of interest rate levels on results. On the BRO page at Lzzo.com the price is shown in US dollars, and a historical price chart and technical indicators appear on the same page.