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Brown & Brown

Founded as a family business in 1939, Brown & Brown is a leading global insurance intermediary, employing more than 17,000 people worldwide and generating more than $4.8bn in revenue.

Following the acquisition of Global Risk Partners (GRP) in July 2022, it is now one of the largest insurance intermediaries in the UK and Ireland, working with almost half a million personal and commercial customers across a spectrum of industries, sectors and specialist insurance and risk management needs.

The stats: Fleet racing ahead at record rate

The latest statistics from Acturis have shown the fleet market bucking the trend on premium increases. Whereas almost all other lines have seen hardening falling away, fleet has surged on, up by 7.9% – the highest quarterly rise on record.

The American consolidators are not done yet

Recent years have been notable for the amount of consolidation led by US-based insurance brokers. Ida Axling looks at whether these players are likely to continue doing deals at the same rate and what is driving these buying sprees.

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