Brown & Brown Q1 organic growth accelerates 4.8 points sequentially to 12.6%
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Brown & Brown Q1 organic growth accelerates 4.8 points sequentially to 12.6%

Kyoung-son Song
April 24, 2023
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Consolidated organic growth at Daytona Beach-based broker Brown & Brown rose 4.8 points in the quarter to 12.6% compared to Q4 2022, driven by its retail, national programs and services units, offset by a deceleration in its wholesale business.

On a year-on-year basis, the broker’s consolidated organic growth rose by 4.8 points.

In an investor presentation released with the results, the company said rates for its retail segment increased 5%-10% compared to the prior year, with higher rates in...

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NewsResultsBrokersBrown & BrownEarnings
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Kyoung-son Song
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