Brown & Brown's growth is driven by insurance premium growth, strategic acquisitions, and potential corporate tax cuts, justifying a 'Strong Buy' rating with a fair value of $154 per share. Recent acquisitions of Quintes Holding B.V. and Drewberry expand Brown & Brown's international footprint, enhancing revenue and cost synergies. BRO achieved 13.8% organic revenue growth and 22.6% adj. EBITDAC growth in FY24, benefiting from market share gains and rising insurance premiums. Despite economic uncertainties, Brown & Brown's stable business model and strategic M&A pipeline position it well for continued growth and resilience. In my previous 'Strong Buy' thesis on Brown & Brown (NYSE:BRO) in August 2024, I highlighted their growth potential from insurance premium growth and recent acquisitions. In recent years, Brown & Brown has been expanding its international business via tuck-in acquisitions. I think

Brown & Brown: A Shield Against Market Turbulence (NYSE:BRO)

Brown & Brown, a leading insurance brokerage and risk management services company, has achieved strong financial performance in FY24, with 13.8% organic revenue growth and 22.6% adjusted EBITDAC growth. The company's strategic acquisitions, particularly of Quintes Holding B.V. and Drewberry, have expanded its international footprint and enhanced revenue and cost synergies. Despite economic uncertainties, Brown & Brown's stable business model and robust M&A pipeline position it well for continued growth and resilience.