BRO (Brown & Brown) Allowance For Loans And Lease Losses

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What is Brown & Brown Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.

Brown & Brown Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Brown & Brown Inc (NYSE:BRO) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

BRO:Mexico BTW:Germany BTW:Germany

Address

300 North Beach Stree, Daytona Beach, FL, USA, 32114

Website

https://www.bbinsurance.com

Brown & Brown Inc is an insurance agent and broker that offers insurance products and services, primarily in the areas of property, casualty, and employee benefits, by connecting customers with insurance companies. It earns its revenue via commissions from insurance companies and direct fees from customers, and it generally has no underwriting risk exposure. More than half of its revenue is from its retail segment, which provides a broad range of insurance products and services to entities and individuals. Roughly a fourth of revenue is from its national programs segment, which provides, among other things, professional liability coverage for professionals. The company operates primarily in the United States, with its highest exposure in Florida.

Executives

Hyatt J Brown	director, 10 percent owner, officer: Chairman and CEO	300 N. BEACH STREET, DAYTONA BEACH FL 32114
R. Andrew Watts	officer: EVP, CFO and Treasurer	220 S. RIDGEWOOD AVE., DAYTONA BEACH FL 32114
Julie Turpin	officer: EVP/Chief People Officer	300 N. BEACH STREET, DAYTONA BEACH FL 32114
Stephen M Boyd	officer: EVP/ Pres Wholesale Brokerage	300 N. BEACH STREET, DAYTONA BEACH FL 32114
Bronislaw Edmund Masojada	director	POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Paul J Krump	director	C/O CHUBB & SON, 15 MOUNTAIN VIEW RD P O BOX161, WARREN NJ 07061-1615
Proctor H Palmer Jr	director
James Charles Hays	director	100 S. POINTE DRIVE, UNIT 2605, MIAMI BEACH FL 33139
Gellerstedt Lawrence L Iii	director	3344 PEACHTREE ROAD, SUITE 1800, ATLANTA GA 30326
Jaymin B Patel	director	C/O GTECH HOLDINGS CORPORATION, 55 TECHNOLOGY WAY, WEST GREENWICH RI 02817
Robert W Lloyd	officer: VP & Chief Litigation Officer	300 N. BEACH STREET, DAYTONA BEACH FL 32114
Hugh M Brown	director	3740 RANEY DRIVE, TITUSVILLE FL 32780
Nester Kenneth Gray Ii	officer: EVP/Chief Information Officer	300 N. BEACH STREET, DAYTONA BEACH FL 32114
Chris L Walker	officer: Regional Executive VP	220 S RIDGEWOOD AVE, DAYTONA BEACH FL 32114-4318
P Barrett Brown	officer: EVP and Pres.- Retail Segment	300 N. BEACH STREET, DAYTONA BEACH FL 32114