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