Reinsurance News
Brown & Brown
Brown & Brown’s revenue rises 22.8% to $5.9bn in 2025
27th January 2026
Brown & Brown has disclosed its full-year 2025 results, revealing total revenues of $5.9 billion, an increase of $1.1 billion, or 22.8%, compared with 2024. Income before income taxes rose to $321 million, up 16.7% year over year. Net income attributable to Brown & Brown increased to $264 million, representing a ... Read the full article
Brown & Brown names Jessica Getman and Joe Siech as Retail Senior Leaders
7th November 2025
Brown & Brown, Inc., an insurance brokerage and risk management firm, announced the appointments of Jessica Getman and Joe Siech as Retail Senior Leaders (RSLs), within its Retail segment. In these roles, Getman and Siech will support the Retail segment’s strategic priorities, including expanding operations to meet increasing client demand, promoting ... Read the full article
Brown & Brown revenue rises 35.4% to $1.6bn in Q3’25
28th October 2025
Brown & Brown, Inc., an insurance brokerage and risk management firm, reported total revenue of $1.6 billion under US GAAP for the third quarter of 2025, representing a 35.4% increase compared to the same period a year earlier. For the quarter, organic revenue increased 3.5% to $1.17 billion, from $1.13 billion. Income ... Read the full article
Brown & Brown names COO Steve Hearn as President of Retail segment
20th October 2025
Steve Hearn has been named as President of the Retail segment at insurance brokerage firm Brown & Brown, Inc. , a new role he will hold while continuing his responsibilities as the company’s Chief Operating Officer (COO). His appointment is a strategic decision to ensure business continuity and accelerate growth ... Read the full article
Brown & Brown introduces leadership changes in Retail segment
3rd October 2025
Brown & Brown, the insurance brokerage firm, has introduced a series of leadership changes within its Retail segment. The updates are part of the company’s broader effort to strengthen integration following the acquisition of Risk Strategies and to create new opportunities for growth and collaboration across its business. Several leaders will take ... Read the full article
Brown & Brown COO Steve Hearn to lead all operations outside NA
3rd September 2025
Brown & Brown, an insurance brokerage and risk management firm, has announced that Steve Hearn, Chief Operating Officer (COO), will lead all operations outside of North America across both the Retail and Specialty Distribution segments. Hearn brings 35 years of insurance industry experience. He joined Brown & Brown in August 2024 ... Read the full article
Kelso completes sale of Accession to Brown & Brown for $9.83bn
14th August 2025
Kelso & Company, L.P., a North American-focused middle-market private equity firm, has completed the sale of its portfolio company Accession Risk Management Group to Brown & Brown in a primarily cash transaction valued at approximately $9.83 billion. Initially announced in June 2025, the deal is one of the largest full private ... Read the full article
Brown & Brown completes RSC Topco acquisition
4th August 2025
Brown & Brown, an insurance brokerage and risk management firm, has completed its previously announced acquisition of RSC Topco, Inc., the holding company for Accession Risk Management Group, Inc. The deal, first announced in June 2025, was finalised for a gross purchase price of $9.825 billion, according to the original ... Read the full article
Brown & Brown grows premium revenue 8.2% in Q2’25 despite 10% drop in net income
29th July 2025
Brown & Brown, Inc., an insurance brokerage and risk management firm, announced its financial results for the second quarter of 2025, reporting solid organic revenue growth despite a decline in net income. For the quarter, income before income taxes decreased 10.1% to $311 million, with the income before income taxes margin ... Read the full article
Brown & Brown to acquire Risk Strategies & One80 parent, Accession
10th June 2025
Brown & Brown has entered into an agreement to acquire RSC Topco, Inc., the holding company of Accession Risk Management Group, for a gross purchase price of $9.825 billion. For those unaware, established in 1997, Accession is the parent of Risk Strategies, a specialty brokerage firm, and One80 Intermediaries, an insurance ... Read the full article
Brown & Brown records Q1’25 revenue growth of 12% to $1.4bn
30th April 2025
Insurance brokerage Brown & Brown, in its unaudited 2025 first quarter results, reported revenue growth of $146 million, or 11.6% to $1.4 billion, under US GAAP, compared to total revenues of $1.2 billion in Q1’24. For Q1’25, the firm's income before income taxes was $427 million, a 17.3% increase from the ... Read the full article
Steven Hearn becomes Brown & Brown COO
24th February 2025
Steven Hearn, a veteran in the insurance and reinsurance industry, has started a new position as Vice President and Chief Operating Officer (COO) at insurance brokerage firm Brown & Brown. Hearn joined the firm in 2024 as a Director following his tenure as Chief Executive Officer at Inver Re, ... Read the full article
Brown & Brown’s revenue grows 15.4% with net income down 21.9% in Q4’24
28th January 2025
Brown & Brown, the insurance brokerage, has released its unaudited results for the fourth quarter of 2024, reporting a 15.4% growth in total revenues, to $1.2 billion, and a net income of $210 million, 21.9% lower compared to the same period last year. Commissions and fees increased by 15.4% as well ... Read the full article
Bridge Specialty Group takes on assets of American Risk Management Resources Network
17th December 2024
J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc., along with David Dybdahl and Cynthia Statz, owners of American Risk Management Resources Network, LLC (ARMR), recently announced that Brown & Brown, a national insurance intermediary, Inc.'s subsidiary, Bridge Specialty Group, has acquired the assets of ARMR. ARMR is a ... Read the full article
Brown & Brown hires Deloitte’s Paul Gallagher as controller
11th November 2024
Insurance brokerage Brown & Brown has hired Paul Gallagher as its new controller, a role which will see him provide strategic guidance and leadership for all of the firm's financial operations, including SEC and financial reporting, controls and compliance, acquisitions, planning and strategic decision-making. As controller, Gallagher will also play a ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
