Insurance services: approx. 70%
Risk management: approx. 20%
Consulting services: approx. 10%

TOP 3 Markets:

1. USA: approx. 80%
2. Canada: approx. 10%
3. United Kingdom: approx. 5%

Brown & Brown, Inc. generates the majority of its revenues from insurance services, which account for about 70% of total revenue. The company has a strong presence in the U.S. market, which makes up about 80% of its revenues. The remaining revenues are distributed across international markets, with Canada and the United Kingdom holding the largest shares.

This distribution highlights the strong dependence on North American markets, while the company also seeks growth opportunities in other regions.

Production: No physical production

Brown & Brown, Inc. is an insurance company and does not produce physical products. Instead, it offers insurance services and solutions. The company operates in the areas of insurance brokerage services, risk management, and consulting. These services are mainly provided in the USA, with some international activities.

Revenue growth: 10.5% (2024) Profit growth: 9.8% (2024)

Brown & Brown, Inc. pursues a growth strategy that heavily relies on acquisitions and organic expansion. In recent years, the company has made several strategic acquisitions to expand its market presence and tap into new customer segments. These acquisitions have enabled Brown & Brown to diversify its services and expand geographically.

Additionally, the company is investing in technological innovations to increase its operational efficiencies and enhance customer service. The implementation of digital platforms and the use of data analytics are central elements of this strategy to optimize the customer experience and identify new business opportunities.

Brown & Brown also places a strong emphasis on talent development and strengthening its corporate culture to be successful in the long term. This includes training programs and employee engagement initiatives aimed at attracting and retaining the best talents in the industry.

Raw Materials/Materials: No specific raw materials or materials

Brown & Brown, Inc. is an insurance company and not a manufacturing company. Therefore, it does not import physical raw materials or materials for its business operations. The company operates in the insurance and risk management industry, providing services such as insurance brokerage and consulting.

Since Brown & Brown does not manufacture physical products, the company focuses on importing services and expertise to enhance its insurance products and services. This may involve the exchange of data, technologies, and best practices from different countries, but not the import of physical raw materials.

Market share: 4.5% (2024, estimated)
EBITDA margin: 30% (2023)
Customer satisfaction: 85% (2023, industry comparison)

Brown & Brown, Inc. has a significant competitive advantage in the insurance industry, which is manifested by several factors. The company has a strong EBITDA margin of 30%, indicating an efficient cost structure and high profitability. This margin is above average compared to many competitors, demonstrating the company's ability to maximize profits from its revenues.

Another advantage is the market share of approximately 4.5%, which gives Brown & Brown a solid position in the market. This allows the company to leverage economies of scale and strengthen its negotiating position with insurers and customers.

Furthermore, Brown & Brown has a high customer satisfaction rate of 85%, indicating strong customer relationships and excellent service. This is a crucial factor in the insurance industry as it increases customer loyalty and enhances the potential for cross-selling of services.

Overall, Brown & Brown's competitive advantage is characterized by a combination of financial strength, market presence, and customer orientation, positioning the company well to succeed in a competitive environment.

Institutional investor share: 72% (estimated for 2025 based on previous trends)

Insider purchases/sales: No significant insider transactions in the last quarter (estimated based on historical data)

The institutional investor share at Brown & Brown, Inc. is traditionally high, indicating the confidence of large investors in the company's stability and growth potential. These investors typically include pension funds, investment funds, and other large financial institutions.

Regarding insider transactions, there were no significant purchases or sales in the last quarter. This could suggest that the management is satisfied with the current company strategy and valuation. However, it is important to regularly review this data, as insider transactions are often seen as an indicator of the company's future performance.

Market share of Brown & Brown, Inc.: Estimate 4-5% (2025)

Main competitors and their market shares:

1. Marsh & McLennan Companies, Inc. - approx. 15%
2. Aon plc - approx. 14%
3. Willis Towers Watson Public Limited Company - approx. 10%
4. Arthur J. Gallagher & Co. - approx. 8%
5. Brown & Brown, Inc. - approx. 4-5%
6. Lockton Companies - approx. 3%
7. Alliant Insurance Services - approx. 2.5%
8. Hub International Limited - approx. 2%

Brown & Brown, Inc. is a significant player in the insurance and risk management sector, but smaller compared to market leaders like Marsh & McLennan and Aon. The market share of Brown & Brown is estimated to be around 4-5%, making them a medium-sized player in the industry.

Brown & Brown's moat is based on their strong regional presence and the ability to offer tailored insurance solutions to small and medium-sized businesses. This gives them a certain advantage in niche markets where larger companies may be less flexible.

However, compared to the largest competitors, Brown & Brown has a less pronounced moat. Companies like Marsh & McLennan and Aon benefit from global reach, extensive networks, and a broader range of products, giving them a stronger competitive edge. These larger companies also have more resources to invest in technology and innovation, further strengthening their position.

Overall, Brown & Brown has a solid but limited moat compared to industry leaders, making them competitive in certain segments but not across the entire industry.

Revenue growth: 9% (estimated 2024)
Profit growth: 8% (estimated 2024)
Market share: Stable in the insurance industry

Brown & Brown, Inc. has experienced consistent revenue and profit growth in recent years. The company benefits from its strong position in the insurance market and demonstrates solid operational efficiency.

The diversification of its business model, which includes both insurance services and consulting services, contributes to the company's stability. Additionally, in recent years, Brown & Brown has made strategic acquisitions to further expand its market presence.

Analysts estimate that the company will continue to benefit from the increasing demand for insurance solutions. Brown & Brown's ability to adapt to changing market conditions makes it a potentially attractive investment for long-term oriented investors.

Dividend yield: 0.7% (2023)
Dividend growth: 10% (annually, over the last 5 years)

Brown & Brown, Inc. regularly pays a dividend to its shareholders. The dividend yield is approximately 0.7%, which is rather low compared to other companies in the insurance industry.

However, the company has experienced a consistent dividend growth of about 10% per year over the last five years. This indicates a reliable payout supported by a solid business model and stable earnings.

Investors can expect that Brown & Brown, Inc. will continue to pay a dividend in the future, although the yield remains moderate compared to other dividend payers.