In the Q2, Brown And Brown Inc 's corporate clients experienced a fall by -26.88 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -27.74 %. During the corresponding time, Brown And Brown Inc recorded a revenue increase by 30.43 % year on year, sequentially revenue fell by -11.84 %. While revenue at the Brown And Brown Inc 's corporate clients recorded rose by 5.51 % year on year, sequentially revenue grew by 4.29 %.
Customers of Brown And Brown Inc saw their costs of revenue fall by -26.88 % in Q2 compare to a year ago, sequentially costs of revenue were trimmed by -27.74 %, for the same period Brown And Brown Inc recorded revenue increase by 30.43 % year on year, sequentially revenue fell by -11.84 %.
Brown And Brown Inc's Comment on Sales, Marketing and Customers
We and/or our designated employees must be licensed to act as agents, brokers,
intermediaries or third-party administrators by state regulatory authorities in
the locations in which we conduct business. Regulations and licensing laws vary
by individual state and international location and are often complex.
The applicable licensing laws and regulations in all states and international
jurisdictions are subject to amendment or reinterpretation by regulatory authorities,
and such authorities are vested in most cases with relatively broad discretion
as to the granting, revocation, suspension and renewal of licenses. The possibility
exists that we and/or our employees could be excluded or temporarily suspended
from carrying on some or all of our activities in, or could otherwise be subjected
to penalties by a particular jurisdiction.
Brown And Brown Inc’s Comment on Sales, Marketing and Customers
We and/or our designated employees must be licensed to act as agents, brokers,
intermediaries or third-party administrators by state regulatory authorities in
the locations in which we conduct business. Regulations and licensing laws vary
by individual state and international location and are often complex.
The applicable licensing laws and regulations in all states and international
jurisdictions are subject to amendment or reinterpretation by regulatory authorities,
and such authorities are vested in most cases with relatively broad discretion
as to the granting, revocation, suspension and renewal of licenses. The possibility
exists that we and/or our employees could be excluded or temporarily suspended
from carrying on some or all of our activities in, or could otherwise be subjected
to penalties by a particular jurisdiction.
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: Brown and Brown Inc’s corporate clients.
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