Discontinued — last reported Q1 '24
Brown & Brown National Programs — Revenue increased by 2.8% to $286.10M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 19.1%, from $240.20M to $286.10M. Over 2 years (FY 2021 to FY 2023), National Programs — Revenue shows an upward trend with a 23.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Higher revenue indicates strong market demand and effective sales execution within the segment.
This represents the total gross income generated by the segment through insurance brokerage commissions and fees. It is...
Standard across all insurance brokers; peers report this as 'Segment Revenue' or 'Net Commissions and Fees'.
bro_segment_national_programs_revenues| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $154.90M | $176.30M | $191.10M | $179.60M | $162.20M | $225.70M | $231.40M | $240.20M | $229.80M | $283.30M | $278.20M | $286.10M |
| QoQ Change | — | +13.8% | +8.4% | -6.0% | -9.7% | +39.1% | +2.5% | +3.8% | -4.3% | +23.3% | -1.8% | +2.8% |
| YoY Change | — | — | — | — | +4.7% | +28.0% | +21.1% | +33.7% | +41.7% | +25.5% | +20.2% | +19.1% |