MEXICO BEACH, Fla. (WMBB) Mexico Beach taxpayers may be on the hook for legal services and other costs in connection to a lawsuit filed by the city’s mayor against the city council. The city’s insurance company has now said the suit is not covered and they won’t be footing the bill. Mayor Michele Miller […]
Brown & Brown Brings Its Wholesale Units Under Bridge Specialty Brand February 26, 2021
Global insurance broker Brown & Brown has consolidated its broad wholesale operations under one brand name, Bridge Specialty Group.
As a group, the more than 25 wholesale units place more than $3 billion in premium. Wholesale brokerage total revenues for 2020 increased 13.8%, or $42.7 million, over 2019, to $352.8 million, and this accounts for about 13% of Brown & Brown’s total revenue. The firm also has its major retail insurance division as well as a services division.
“Each of our wholesale operations has long excelled in their areas of expertise,” said Stephen M. Boyd, president of Bridge Specialty Group. “Now, as part of a collaborative enterprise that supports a multibillion-dollar premium book, we can maximize our collective experience, technical knowledge, and strong carrier relationships to provide specialty market access that delivers a br