Brown & Brown organic growth accelerates 1.1 points sequentially to 7.8% in Q4
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Brown & Brown organic growth accelerates 1.1 points sequentially to 7.8% in Q4

Brown & Brown logo daytona beach 2023.jpg

Consolidated organic growth at Daytona Beach-based broker Brown & Brown rose 1.1 points in the quarter to 7.8% compared to Q3 2022, driven by its national programs and wholesale units and despite a deceleration in its retail business.

On a year-on-year basis, however, the broker’s consolidated organic growth fell by 1.2 points.

In an investor presentation released with the results, the company said rates for its retail segment increased between 3% and 7% compared to the prior year,...

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