• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    Brown & Brown, Inc. names Stephen P. Hearn as executive vice president and chief operating officer

    2/24/25 6:45:00 AM ET
    $BRO
    Specialty Insurers
    Finance
    Get the next $BRO alert in real time by email

    DAYTONA BEACH, Fla., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") has announced the appointment of Stephen P. Hearn, an insurance industry veteran who joined the Company's board of directors in August 2024, as executive vice president and chief operating officer. In connection with this appointment, Hearn has resigned from the Company's board of directors and will join the Company's operating committee.

    As chief operating officer, Hearn will apply the extensive knowledge he has acquired during his impressive 35-year career to help inform and guide Brown & Brown's continued growth strategy. Hearn will help shape the Company's continued focus on scaling operations, fostering innovation, and growing and developing a talented team.

    Powell Brown, Brown & Brown's president and chief executive officer, shared, "Steve has been a good friend of the firm, and of mine, for more than 20 years. We have worked and traded together, and we are so pleased to welcome him to the team. He has made great contributions to Brown & Brown during his time on the board. As we work towards our next interim revenue goal of $8 billion, we believe the timing is right to have Steve join the organization to help drive operational excellence and scale, while we continue to further our position as a leading global provider of insurance solutions. We are at an exciting stage of our growth journey, and leveraging Steve's deep relationships and global experience further enables us to identify like-minded organizations to join Brown & Brown and to attract, recruit, develop and retain the best and brightest insurance professionals."

    "Brown & Brown is an incredible, dynamic organization, and I feel very fortunate that the skills and experience I have acquired during my career are viewed as force multipliers for the work already being done within the company. Our shared focus and a commitment to relationships and people—customers, teammates, carrier partners, shareholders and those in our communities—make this opportunity all the more exciting," said Hearn.

    Hearn began his insurance career in 1989, most recently holding roles with The Ardonagh Group. During his time with The Ardonagh Group, he served as chief executive officer of Ardonagh Specialty Holdings Limited (November 2021 - September 2022); as chief executive officer of Ardonagh Capital Solutions Holdings, The Ardonagh Group's holding company for its reinsurance broking, captives and MGA businesses (February 2023 - July 2024); and as chief executive officer of Inver Re, The Ardonagh Group's dedicated reinsurance broking unit (November 2021 - July 2024). He also served as a director of Ardonagh International from May 2023 to July 2024. Previously, he served as chief executive officer of Corant Global, a subsidiary of BGC Partners, Inc. ("BGC") (February 2019 until the November 2021 sale of BGC's insurance brokerage division to The Ardonagh Group) and as the chief executive officer of Ed Broking Group Limited (2015 until its February 2019 acquisition by BGC). Hearn held roles with Willis Group Holdings plc and its businesses from 2008 until 2015, including president and deputy chief executive officer of Willis Group Holdings plc, chief executive officer of Willis Re, chairman and chief executive officer of Willis Global and chief executive officer of Willis Limited. Prior to that, he held senior leadership positions with Hilb, Rogal & Hobbs; Glencairn Limited; Marsh Affinity Europe & Middle East; Marsh Affinity UK and Sedgwick Affinity Group Services.

    About Brown & Brown Inc.

    Brown & Brown, Inc. (NYSE:BRO) is a leading insurance brokerage firm providing enhanced customer-centric risk management solutions since 1939. With a global presence spanning 500+ locations and a team of more than 17,000 professionals, we are dedicated to delivering scalable, innovative strategies for our customers at every step of their growth journey. Learn more at bbinsurance.com.

    This press release may contain certain forward-looking statements relating to future results. These statements are not historical facts but instead represent only Brown & Brown's current belief regarding future events, many of which, by their nature, are inherently uncertain and outside of Brown & Brown's control. It is possible that Brown & Brown's actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in these forward-looking statements. Further information concerning Brown & Brown and its business, including factors that potentially could materially affect Brown & Brown's financial results and condition, as well as its other achievements, is contained in Brown & Brown's filings with the Securities and Exchange Commission. All forward-looking statements made herein are made only as of the date of this release, and Brown & Brown does not undertake any obligation to publicly update or correct any forward-looking statements to reflect events or circumstances that subsequently occur or of which Brown & Brown hereafter becomes aware.

    For more information:

    R. Andrew Watts

    Chief Financial Officer

    (386) 239-5770



    Primary Logo

    Get the next $BRO alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $BRO

    DatePrice TargetRatingAnalyst
    5/13/2025$119.00Buy → Neutral
    Goldman
    4/16/2025Buy
    Edward Jones
    3/25/2025$128.00Overweight → Equal-Weight
    Morgan Stanley
    12/5/2024$134.00Overweight
    Morgan Stanley
    9/24/2024$120.00Buy
    Argus
    9/5/2024$108.00Equal Weight
    Barclays
    8/12/2024$94.00 → $112.00Equal Weight → Overweight
    Wells Fargo
    5/22/2024$91.00 → $101.00Underperform → Neutral
    BofA Securities
    More analyst ratings

    $BRO
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Certificate Hero Selected by Brown & Brown to Streamline Certificate Issuance

      DEDHAM, Mass., June 17, 2025 /PRNewswire/ -- Certificate Hero today announced that Brown & Brown, a leading global insurance brokerage, has selected its cutting-edge certificate of insurance (COI) technology to revolutionize and simplify their certificate issuance process. Certificate Hero's flexible architecture integrates seamlessly with Brown & Brown's existing agency management systems, providing intelligent automation that dramatically reduces the time and resources spent on certificate-related tasks. By implementing Certificate Hero's advanced SaaS platform, Brown & Brow

      6/17/25 9:45:00 AM ET
      $BRO
      Specialty Insurers
      Finance
    • WireX Systems and Brown & Brown Announce Strategic Collaboration to Advance Cyber Risk Management and Insurance Outcomes

      SUNNYVALE, Calif., June 17, 2025 /PRNewswire/ -- WireX Systems is pleased to announce a strategic collaboration with Brown & Brown to combine its industry-leading cybersecurity solutions with Brown & Brown Risk Solutions' evidence-based risk identification, quantification, and financing process to deliver enhanced risk management and insurance outcomes for their customers. WireX Systems and Brown & Brown Announce Strategic Collaboration to Advance Cyber Insurance OutcomesWireX Systems is redefining incident response by providing instant, easy-to-understand answers to the most

      6/17/25 6:00:00 AM ET
      $BRO
      Specialty Insurers
      Finance
    • Brown & Brown, Inc. announces pricing of $4 billion offering of common stock

      DAYTONA BEACH, Fla., June 10, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) ("Brown & Brown" or the "Company") today announced the pricing of its public offering of 39,215,686 shares of its common stock (the "common stock"), par value $0.10 per share, at a price to the public of $102.00 per share, for an aggregate offering amount of $4 billion. The offering is expected to close on June 12, 2025, subject to the satisfaction of customary closing conditions. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional $400 million in shares of common stock at the public offering price, less underwriting discounts. J.P. Morgan and BofA Securi

      6/10/25 11:19:32 PM ET
      $BRO
      Specialty Insurers
      Finance

    $BRO
    SEC Filings

    See more
    • Brown & Brown Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation

      8-K - BROWN & BROWN, INC. (0000079282) (Filer)

      6/23/25 5:00:48 PM ET
      $BRO
      Specialty Insurers
      Finance
    • SEC Form 11-K filed by Brown & Brown Inc.

      11-K - BROWN & BROWN, INC. (0000079282) (Filer)

      6/20/25 5:09:57 PM ET
      $BRO
      Specialty Insurers
      Finance
    • Brown & Brown Inc. filed SEC Form 8-K: Regulation FD Disclosure

      8-K - BROWN & BROWN, INC. (0000079282) (Filer)

      6/13/25 5:03:49 PM ET
      $BRO
      Specialty Insurers
      Finance

    $BRO
    Financials

    Live finance-specific insights

    See more
    • Brown & Brown, Inc. enters into agreement to acquire Accession Risk Management Group

      DAYTONA BEACH, Fla., June 10, 2025 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and John Mina, chief executive officer of Accession Risk Management Group, Inc. ("Accession"), today announced that Brown & Brown has entered into an agreement to acquire RSC Topco, Inc. ("RSC"), the holding company for Accession. The transaction is expected to close in the third quarter of 2025, subject to customary closing conditions and regulatory approvals. Under the terms of the agreement, Brown & Brown will acquire RSC on a cash and debt-free basis at the time of acquisition for a gross purchase price of $9.825 billion. The parties previously submitt

      6/10/25 6:45:00 AM ET
      $BRO
      Specialty Insurers
      Finance
    • Bridge Specialty Group acquires the assets of Tim Parkman, Inc.

      DAYTONA BEACH, Fla., May 08, 2025 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Timothy Parkman, owner of Tim Parkman, Inc. ("TPI"), today announced that a Bridge Specialty Group company and subsidiary of Brown & Brown, Inc. has acquired the assets of TPI. Established in 2002, TPI is a full-service wholesale insurance brokerage located in Clinton, Mississippi. TPI was founded with a mission to provide all customers with consistently superior service while sustaining positive underwriting results. Initially focused on personal lines, TPI has expanded into commercial lines and leverages its proprietary state-of-the-art technology platf

      5/8/25 6:45:00 AM ET
      $BRO
      Specialty Insurers
      Finance
    • Brown & Brown, Inc. announces first quarter 2025 results, including total revenues of $1.4 billion, an increase of 11.6%; Organic Revenue growth of 6.5%; diluted net income per share of $1.15; Diluted Net Income Per Share - Adjusted of $1.29; and a quarterly dividend of $0.15 per share

      DAYTONA BEACH, Fla., April 28, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") announced its unaudited financial results for the first quarter 2025. Revenues for the first quarter of 2025 under U.S. generally accepted accounting principles ("GAAP") were $1.4 billion, increasing $146 million, or 11.6%, compared to the first quarter of the prior year, with commissions and fees increasing by 12.0% and Organic Revenue increasing by 6.5%. Income before income taxes was $427 million, increasing 17.3% from the first quarter of the prior year with Income Before Income Taxes Margin increasing to 30.4% from 28.9%. EBITDAC - Adjusted was $535 million, increasing 14.8% from th

      4/28/25 5:01:13 PM ET
      $BRO
      Specialty Insurers
      Finance

    $BRO
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Brown & Brown Inc.

      SC 13G/A - BROWN & BROWN, INC. (0000079282) (Subject)

      11/14/24 4:19:41 PM ET
      $BRO
      Specialty Insurers
      Finance
    • Amendment: SEC Form SC 13G/A filed by Brown & Brown Inc.

      SC 13G/A - BROWN & BROWN, INC. (0000079282) (Subject)

      7/10/24 1:14:41 PM ET
      $BRO
      Specialty Insurers
      Finance
    • SEC Form SC 13G/A filed by Brown & Brown Inc. (Amendment)

      SC 13G/A - BROWN & BROWN, INC. (0000079282) (Subject)

      2/14/24 4:23:10 PM ET
      $BRO
      Specialty Insurers
      Finance

    $BRO
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Brown & Brown downgraded by Goldman with a new price target

      Goldman downgraded Brown & Brown from Buy to Neutral and set a new price target of $119.00

      5/13/25 8:52:30 AM ET
      $BRO
      Specialty Insurers
      Finance
    • Edward Jones initiated coverage on Brown & Brown

      Edward Jones initiated coverage of Brown & Brown with a rating of Buy

      4/16/25 8:09:10 AM ET
      $BRO
      Specialty Insurers
      Finance
    • Brown & Brown downgraded by Morgan Stanley with a new price target

      Morgan Stanley downgraded Brown & Brown from Overweight to Equal-Weight and set a new price target of $128.00

      3/25/25 8:24:14 AM ET
      $BRO
      Specialty Insurers
      Finance

    $BRO
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • New insider Gallagher Paul M. claimed ownership of 3,081 shares (SEC Form 3)

      3 - BROWN & BROWN, INC. (0000079282) (Issuer)

      5/19/25 5:00:04 PM ET
      $BRO
      Specialty Insurers
      Finance
    • New insider Mathis Iv Charles Robert claimed ownership of 5,839 shares (SEC Form 3)

      3 - BROWN & BROWN, INC. (0000079282) (Issuer)

      5/19/25 9:08:41 AM ET
      $BRO
      Specialty Insurers
      Finance
    • Director Krump Paul J was granted 1,268 shares, increasing direct ownership by 90% to 2,675 units (SEC Form 4)

      4 - BROWN & BROWN, INC. (0000079282) (Issuer)

      5/7/25 5:51:54 PM ET
      $BRO
      Specialty Insurers
      Finance

    $BRO
    Leadership Updates

    Live Leadership Updates

    See more
    • Brown & Brown, Inc. names Stephen P. Hearn as executive vice president and chief operating officer

      DAYTONA BEACH, Fla., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") has announced the appointment of Stephen P. Hearn, an insurance industry veteran who joined the Company's board of directors in August 2024, as executive vice president and chief operating officer. In connection with this appointment, Hearn has resigned from the Company's board of directors and will join the Company's operating committee. As chief operating officer, Hearn will apply the extensive knowledge he has acquired during his impressive 35-year career to help inform and guide Brown & Brown's continued growth strategy. Hearn will help shape the Company's continued focus on scaling o

      2/24/25 6:45:00 AM ET
      $BRO
      Specialty Insurers
      Finance
    • Brown & Brown, Inc. announces Paul Gallagher as controller

      DAYTONA BEACH, Fla., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") has announced the appointment of Paul Gallagher, CPA, as its controller. In this role, Gallagher will provide strategic guidance and leadership for all financial operations, including SEC and financial reporting, controls and compliance, acquisitions, planning and strategic decision-making. He will also play a key role in supporting continued talent development. "We are very excited to welcome Paul to the Brown & Brown team," said Andy Watts, executive vice president, chief financial officer and treasurer. "He brings a wealth of global experience and the skills as well as the leadership

      11/11/24 6:30:00 AM ET
      $BRO
      Specialty Insurers
      Finance
    • Brown & Brown, Inc. announces senior leadership team appointments

      DAYTONA BEACH, Fla., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") has announced the appointment of Mike Neal and Mark Abate to the Company's senior leadership team and the Retail segment senior leadership team. "We are excited to welcome Mike and Mark to Brown & Brown's senior leadership team," said Powell Brown, president and chief executive officer. "They bring extensive experience in their respective specializations, and their contributions will support our ongoing mission to be the world's leading provider of risk management and insurance solutions for our customers." Barrett Brown, executive vice president and president of the Brown & Brown's Ret

      9/16/24 5:00:00 PM ET
      $BRO
      Specialty Insurers
      Finance