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Daytona Beach, Florida-based Brown & Brown, Inc. (BRO) markets and sells insurance products and services in the United States and internationally. Valued at a market cap of $22.9 billion, the company operates through Retail and Specialty Distribution segments and provides property and casualty insurance, employee benefits insurance, personal insurance, specialty insurance, and more.
Companies with a market cap of $10 billion or more are typically called “large-cap stocks.” BRO fits squarely into that category, with a market cap above this threshold that reflects its substantial size and influence in the insurance brokers industry.
