BRO - Brown & Brown: Underwriting Strong Returns For Shareholders
2024-04-17 14:15:45 ET
Summary
- Brown & Brown is a leading insurance broker with a strong track record of capital allocation and growth.
- The company's focus on the middle-market and effective growth strategy positions it well in the insurance brokerage industry.
- Brown & Brown generates strong free cash flow, has a solid balance sheet, and has ample M&A opportunities for continued strong returns.
As a leading insurance broker with a proven track record of astute capital allocation and consistent growth through various insurance pricing cycles, we think Brown & Brown ( BRO ) presents a compelling long-term investment opportunity.
The company's focus on the middle-market, unique decentralized operating model, and highly effective inorganic growth strategy position it well to continue gaining share in the fragmented insurance brokerage industry....
Brown & Brown: Underwriting Strong Returns For Shareholders