Brown & Brown organic growth decelerates 3.6 points sequentially to 6.7% in Q3

October 24, 2022

Consolidated organic growth at Daytona Beach-based broker Brown & Brown fell by 3.6 points to 6.7% compared to Q2 2022, driven by a deceleration in all segments, while the firm’s services division shrank by 5.9%.

The broker’s consolidated organic growth fell by 1.6 points on a year-on-year basis.

Q3’s consolidated organic growth number marked the lowest organic expansion for the company since the last quarter of 2020, when it reported a 4.7%

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