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Valued at a market cap of $29.7 billion, Brown & Brown, Inc. (BRO) operates in the insurance sector. Based in Daytona Beach, Florida, the company provides a diverse range of insurance products and services through its Retail, National Programs, Wholesale Brokerage, and Services segments.
Companies valued at $10 billion or more are generally considered “large-cap” stocks, and Brown & Brown fits this criterion perfectly, exceeding the mark. Brown & Brown is recognized as the sixth-largest independent insurance brokerage in the U.S., known for its innovative risk management solutions and strong industry relationships.