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2026-07-23 10:42 2d ago
2026-07-23 06:30 3d ago
Společnost Brown & Brown zavádí AI-first model s Claude
BRO Brown & Brown
FMP Stock News 78
Original source text
DAYTONA BEACH, Fla., July 23, 2026 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (the “Company”) today announced the next phase of its enterprise technology transformation: becoming an AI-first enterprise. This evolution is designed to responsibly leverage artificial intelligence (AI), rewire key business processes to accelerate growth, enhance customer experience, improve teammate productivity and strengthen business performance.

The Company is building AI as a foundational enterprise capability, designed to quickly scale across the business while empowering local teams to address customer and operational needs.

Encouraged by gains realized in initial pilot projects, Brown & Brown is entering the next phase of its AI journey. This phase will focus on thoughtfully expanding AI capabilities using Brown & Brown’s agile, entrepreneurial operating model to incubate AI solutions close to the business and customer, while quickly proving value and deploying capabilities at scale.

This enhanced model empowers local development to address business needs, while creating an operating platform that supports companywide adoption. To do this, the Company has selected Anthropic, McKinsey & Company and Accenture as partners, combining expertise in “frontier” AI, business transformation and governance to establish the guardrails, operating discipline and execution model needed to scale AI responsibly across the enterprise.

“Our teammates are Brown & Brown’s greatest differentiator, and we view AI as an enabler of their experience, specialization and judgment — not a replacement for it,” said Powell Brown, president and chief executive officer of Brown & Brown. “By responsibly implementing AI across our business, we can help teammates spend more time advising customers, building relationships and delivering the specialized solutions that set Brown & Brown apart. To do this well, we are bringing together the right mix of internal leadership and external partners who are leaders in this space.”

Becoming AI-first is more than just deploying technology. It means building a culture of continuous improvement and arming every teammate with the ability to work smarter, unlock creativity, move faster and deliver even greater value to customers. The Company will ultimately deploy Anthropic’s Claude across its 23,000 teammates and integrate AI into end-to-end workflows supporting customer service, operations, technology and corporate functions.

Jim Bramblet, senior managing director leading Accenture's U.S. Insurance business, said, “Brown & Brown is taking a forward-looking approach to using AI to help drive growth, improve efficiency and create value across the business. By combining Anthropic's advanced AI capabilities with Accenture's experience designing technology architectures, developing implementation roadmaps and supporting business transformation, this collaboration is focused on accelerating innovation, modernizing how work gets done and turning AI investments into measurable business outcomes.”

Brown & Brown is also establishing a value management office (VMO) to support disciplined execution and ongoing, outcomes-based evaluation of its AI initiatives. The office will monitor adoption, measure business impact and return on investment, and maintain controls as AI capabilities scale across the enterprise.

“We are excited to partner with Brown & Brown on this next chapter of its AI transformation. Brown & Brown has demonstrated a clear commitment to using AI to create meaningful value for its customers, teammates and shareholders. We look forward to helping the company redesign how work gets done and capture the full potential of AI at enterprise scale,” said Ari Libarikian, global co-lead of McKinsey’s Insurance Practice.

As part of its broader technology transformation, Brown & Brown will also deploy Claude Code across its entire software engineering organization to reimagine and implement an AI-enabled software development lifecycle, expected to improve developer productivity, strengthen software quality and accelerate delivery.

"Brown & Brown's engineers are using Claude Code to develop in hours what used to take days, cutting troubleshooting time dramatically and catching vulnerabilities that other tools missed — and the company is now expanding Claude from a handful of pilot teams to the entire enterprise," said Michael Hartman, head of Americas enterprise, Anthropic. "That's what becoming an AI-first enterprise looks like — proving the value first, then giving every teammate the same capability." 

Early Claude Code usage across select pilot teams at Brown & Brown shows promising results:

Improved developer productivity: participating teams have reported productivity gains of approximately 2x to 8x, with certain work that previously took days completed in hours.Enhanced security and code quality: AI-enabled workflows have reduced analysis and troubleshooting time by an estimated 80–90% in certain use cases and helped identify software vulnerabilities not detected by other tools.Strong teammate adoption: participating teams reported high confidence in Claude Code, with 80% rating its value 5 out of 5 during the rollout. Together, these efforts position Brown & Brown to scale responsible AI across its business while keeping teammates, customers, security and measurable outcomes at the center of its transformation.

About Brown & Brown Inc.

Brown & Brown, Inc. (NYSE: BRO) is a leading insurance brokerage firm delivering comprehensive and customized insurance solutions and specialization since 1939. With a global presence spanning 700+ locations and a team of more than 23,000 professionals, we are dedicated to delivering scalable, innovative strategies for our customers at every step of their growth journey. Learn more at BBrown.com.

Forward-Looking Statements

This press release contains forward-looking statements, including statements relating to Brown & Brown’s plans and expectations regarding AI, the next phase of its transformation, estimated efficiency improvements, teammate adoption metrics and statements regarding its early results and expected benefits. 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. Such factors include the requirement for additional resources and time to adequately respond to dynamics resulting from rapid technological change, including the increasing use of artificial intelligence and robotic processing automation; a cybersecurity attack or any other interruption in formation technology and/or data security that may impact our operations or the operations of third parties that support us; our reliance on vendors and other third parties to perform key functions of our business operations and provide services to our customers; improper disclosure of confidential information; and changes in data privacy and protection laws and regulations or any failure to comply with such laws and regulations. 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:

Jenny Goco
Vice President of Public Relations & Communications
(386) 333-6066
[email protected]  
2026-07-13 17:44 12d ago
2026-07-13 13:10 12d ago
Brown & Brown zaostává, ale obchoduje se se slevou
BRO Brown & Brown
FMP Stock News 78
Original source text
Key Takeaways Brown & Brown benefits from higher commissions, strong retention and rate increases across insurance lines.Accession integration and ongoing acquisitions continue to expand scale and drive revenue growth. BRO's diversified business mix and strong cash generation support acquisitions and shareholder returns. Shares of Brown & Brown, Inc. (BRO - Free Report) have lost 37.3% in the past year compared with the industry’s 27.9% decline.

The decline reflects slowing organic revenue growth, margin pressure from higher expenses, valuation compression, and concerns that a softer insurance pricing environment could slow premium and commission growth. Despite these factors, the company's strong client retention, new business generation and acquisitions remain intact. Recovery depends on improving earnings growth, stronger insurance market conditions and margin stabilization.

Shares of other insurers like Aon plc. (AON - Free Report) , Arthur J. Gallagher & Co. (AJG - Free Report) and Willis Towers Watson Public Limited Company (WTW - Free Report) have lost 0.8%, 19.7% and 6.3%, respectively, over the past year.

1-Year Price Performance - BRO, AON, AJG, WTW & Industry 
 

Image Source: Zacks Investment Research

BRO’s Average Target Price Suggests UpsideBased on short-term price targets offered by 16 analysts, the Zacks average price target is $74.25 per share. The average suggests a potential 9.7% upside from the last closing price.

Image Source: Zacks Investment Research

BRO’s ValuationShares of Brown & Brown are trading at a discount compared with the Zacks Brokerage Insurance industry. Its forward price-to-earnings multiple of 14.39X is lower than the industry average of 16.35X. It currently carries a Value Score of C.

Image Source: Zacks Investment Research

BRO’s Growth ProjectionThe Zacks Consensus Estimate for Brown & Brown’s 2026 earnings per share (EPS) indicates a year-over-year increase of 5.9%. The consensus estimate for revenues is pegged at $7.10 billion, implying a year-over-year improvement of 20.3%. The consensus estimate for 2027 EPS and revenues indicates increases of 8.2% and 5.2%, respectively, from the corresponding 2026 estimates.

Earnings have grown 19.2% in the past five years, better than the industry average of 13.9%. The expected long-term earnings growth rate is 4.8%.

Muted Analyst Sentiment on BROThe Zacks Consensus Estimate for 2026 earnings remained unchanged, while 2027 earnings moved 0.2% south in the last 30 days.

Factors That Benefit BROCommissions and fees, the main component of the top line, benefit from increasing new business, strong retention, and ongoing rate rises across most lines of coverage, supporting recurring revenue and earnings visibility. The company surpassed its intermediate annual revenue target of $4 billion in 2024 and now targets $8 billion in revenues. Last year, its revenues reached $5.9 billion. Additionally, strong contingent commission income supports earnings growth, with contingent commissions increasing $54 million in the first quarter of 2026, including a $22 million contribution from the Accession acquisition.

Brown & Brown’s strategic buyouts help it capitalize on growing market opportunities, strengthen its products and service portfolio, expand global reach and accelerate growth rate. From 1993 through the first quarter of 2026, Brown & Brown acquired 725 insurance intermediary operations. Brown & Brown's growth continues to be driven by the successful integration of the Accession acquisition, which significantly expanded the company's scale and contributed approximately $445 million in first-quarter revenues, helping total revenues rise 35.4% year over year.

The company operates across Retail and Specialty Distribution businesses, providing broad exposure to multiple insurance markets. Revenues from the retail segment have contributed a lion’s share to the company’s total revenues. In the first quarter of 2026, retail revenues increased 33.4% year over year, while Specialty Distribution revenues rose 40%. The balanced contribution from multiple business lines reduces reliance on any single product line.

The company also benefits from robust cash generation and disciplined capital allocation. While BRO effectively deploys cash towards acquisitions and capital expenditure, it also distributes wealth to shareholders via dividend increases. The company has an annualized dividend growth rate of 13.2% over the past five years.

HeadwindsBrown & Brown has been experiencing rising expenses due to higher employee compensation and benefits, amortization, other operating expenses and interest expense. These factors are creating pressure on margins despite revenue growth.

BRO's expanding international operations expose it to foreign currency, regulatory and economic risks across global markets. Additionally, rising debt levels from acquisition-driven growth are increasing interest expenses.

Profitability metrics also lag industry levels. Brown & Brown’s return on equity is 12.9%, well below the industry average of 18.8%.

ConclusionBRO’s commission growth, new business, strong retention, strategic buyouts, diversified brokerage platform and impressive dividend history position the company well for growth. Its robust capital position, favorable estimates, and cheap valuation are other positives. However, international expansion risks, unfavorable ROE, rising expenses, and debt levels are the headwinds.

Therefore, it is wise to adopt a wait-and-see approach on this Zacks Rank #3 (Hold) stock. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.