Brown & Brown, Inc. Common Stock (BRO)

Competitors to Brown & Brown, Inc. Common Stock (BRO)

Aon plc 

Aon plc rivals Brown & Brown through its vast array of risk, retirement, and health solutions, positioned as a leading global professional services firm. Aon's competitive edge comes from its innovative technology and data analytics capabilities, which enhance the client experience and provide tailored solutions. This technological focus allows Aon to attract more complex clients and manage large-scale risks more effectively than Brown & Brown, which has a more traditional brokerage approach.

Arthur J. Gallagher & Co. 

Arthur J. Gallagher & Co. competes with Brown & Brown primarily through its extensive range of insurance brokerage services and strong emphasis on global reach. Gallagher has a diverse portfolio, which includes risk management and consulting services, allowing it to attract a broader client base. Its competitive advantage lies in its integrated service model and deep industry expertise, which often leads to larger client retention and stronger client relationships compared to Brown & Brown.

HUB International Limited

HUB International Limited competes with Brown & Brown by offering personalized insurance solutions and risk management services across North America. HUB effectively leverages its local expertise and customer-centric approach to establish strong relationships with clients. While HUB may not dominate the market like other larger brokers, its agility and adaptability give it an edge in serving niche markets that Brown & Brown also targets, creating a competitive, yet complementary relationship in certain segments.

Marsh & McLennan Companies, Inc. 

Marsh & McLennan Companies, Inc. offers a comprehensive array of risk management and insurance brokerage services, competing directly with Brown & Brown by leveraging its global network and large scale operations. Marsh has a distinct competitive advantage due to its extensive resources, brand recognition, and ability to secure more favorable terms and pricing from insurers, making it a preferred choice for larger organizations compared to Brown & Brown, which primarily serves mid-market clients.

Willis Towers Watson

Willis Towers Watson competes with Brown & Brown by offering a wide range of consulting and brokerage services, with notable strengths in employee benefits and risk management. Their competitive advantage lies in their global presence and research capabilities, allowing them to provide insights and solutions that can be tailored to complex organizational needs. They have a more extensive client base and resource pool, distinguishing them from Brown & Brown, which often focuses on smaller and mid-sized businesses.