Brown & Brown released its first financial statement since fully integrating its $9.825 billion acquisition of Accession Risk Management Group. The company’s financial results show how much larger Brown & Brown is after the acquisition.
Brown & Brown reported revenues of $1.6 billion in the third quarter. The total is 35.4% higher than the company’s third-quarter 2024 revenues.
Brown & Brown reported third-quarter 2025 profits fell 3% from the third quarter of 2024. The slowing profits can be attributed to rising costs.
Brown & Brown’s expenses totaled $1.295 billion in the third quarter, up 49% from the third quarter of 2024.
The insurance giant added over 5,000 employees in the third quarter, stemming from the Accession Risk Management Group acquisition.
J. Powell Brown, company president and CEO, said, “We continue to deliver our solutions for our customers locally, but draw upon enhanced global capabilities. We are pleased with our overall growth, profitability and cash-flow conversion.”
The global company has over 700 locations and 23,000 employees.
