Daytona Beach, Florida-based Brown & Brown, Inc. (BRO) markets and sells insurance products and services. Valued at $20.3 billion by market cap, the company also provides risk management, employee benefit administration, and managed health care services.
Companies worth $10 billion or more are generally described as “large-cap stocks,” and BRO perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the insurance brokers industry. BRO's market position is strong due to its long history, reputation, and diversified insurance portfolio. Its decentralized culture promotes ownership and customer satisfaction, with a broad range of products and services that cater to various customers and mitigate market risks.
