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Barchart
Kritika Sarmah

Brown & Brown Stock: Is BRO Underperforming the Financial Services Sector?

BRO Services Insurance

Daytona Beach, Florida-based Brown & Brown, Inc. (BRO) markets and sells insurance products and services in the United States and internationally. With a market cap of $30.6 billion, the company operates through four segments: Retail, Programs, Wholesale Brokerage, and Services.

Companies worth $10 billion or more are generally described as "large-cap stocks." BRO falls squarely into this category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the insurance brokers industry. The company benefits from providing a range of insurance products, including property and casualty insurance, employee benefits, personal insurance, specialty insurance, and risk management strategies.

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