Brown & Brown, Inc.benefits

Brown & Brown, Inc.'s benefits plans covered 12,117 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $9,055,575. Insurance brokers and agents were paid $2,088,505 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 23.1% of premiums. That is $172 per covered person, below the median for employer plans that report broker pay. Broker pay fell 76% from $8,528,343 in 2023.