Brown & Brown, Inc. (NYSE:BRO)
CAPS Rating:
The Company and its subsidiaries is a diversified insurance agency, wholesale brokerage, and services organization that markets and sells to its customers insurance products and services, primarily in the property and casualty area.
RSS Headlines
Fool UK
Recs
Brown & Brown is a well-managed company that has weather the soft market better than most. Assuming we're on the tail end of the soft market, I see Brown & Brown gaining organic pricing power in the next year. That said, Brown & Brown has historically grown by acquisition anyway, and smaller agencies and brokerages that are taking a serious hit from soft prices should make for accretive acquisition opportunities in the near term.