Comparing the current results to its competitors, Brown And Brown Inc reported Revenue increase in the 2 quarter 2026 by 30.43 % year on year. The sales growth was above Brown And Brown Inc 's competitors' average revenue growth of 7.3 %, achieved in the same quarter.
Brown And Brown Inc 's Comment on Competition and Industry Peers
The insurance intermediary business is highly competitive, and numerous firms
actively compete with us for customers and insurance markets. Competition in the
insurance business is largely based on innovation, terms and condition of coverage,
quality of service and price. A number of firms and banks with substantially greater
resources and market presence compete with us.
A number of insurance companies directly sell insurance, primarily to individuals,
and do not pay commissions to third-party agents and brokers. In addition, the
Internet continues to be a source for direct placement of personal lines business.
While it is difficult to quantify the impact on our business from individuals
purchasing insurance over the Internet, we believe this risk would generally be
isolated to personal lines customers with single-line coverage, which represent
a small portion of our overall Retail Segment.
May 20, 2024
Bridge Specialty Group Welcomes Public Entities of America Amid Brown and Brown s Surge in Insurance Market DAYTONA BEACH, Fla., May 20, 2024 Bridge Specialty Group, LLC (Bridge Specialty) is thrilled to announce the addition of Public Entities of America, LLC (PEA) to its robust portfolio of niche-focused, wholesale insurance entities. This strategic merger marks a significant step for Bridge Specialty, reinforcing its position as a leader in specialty market solutions. Brown and Brown s Outstanding PerformanceSimultaneously, industry giant Brown and Brown Inc. continues to set benchmarks in the insurance sector with an impressive 15.1% revenue growth in the third quarter of 2023, significantly outperformi...
Assured Guaranty Ltd operates as a financial guaranty insurance company, providing insurance and credit enhancement solutions for debt securities issued in the public and private sectors. Their business model revolves around assessing and managing credit risk, offering guarantees that protect investors against default and enabling issuers to access capital markets at more favorable terms.
Kingstone Companies Inc operates as a property and casualty insurance holding company. Their business model primarily involves underwriting, selling, and servicing personal and commercial lines of property insurance coverage. The company focuses on providing insurance solutions to individuals and businesses in areas prone to natural disasters, allowing them to manage risks and protect their assets.
James River Group Holdings Ltd is a specialty insurer that provides insurance and reinsurance services for niche markets, focusing on hard-to-place risks and complex coverages.
Heritage Insurance Holdings Inc operates as a property and casualty insurance company that provides personal and commercial residential insurance products through a network of independent agents. The company earns revenue by collecting premiums from policyholders and paying out claims for covered losses.
Sources:
Brown and Brown Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
For your research, we’ve provided 10 tables on Brown and Brown Inc versus competitors, including market share analysis.
You can find them in the navigation menu under Competition.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
