Brown & Brown Inc.
BRO.US | Activities of insurance agents and brokers
Brown & Brown, Inc. is an insurance brokerage firm providing risk management solutions to businesses, corporations, governmental institutions, professional organizations, and individuals. The company operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The Re...Show More
Better Health for All
0
Brown & Brown has been awarded the Platinum Level Bell Seal for Workplace Mental Health for two consecutive years, achieving a perfect score of 100%
1
and ranking among the top in the U.S. for its initiatives
2
. These include Mental Health Allies, Mental Health TRG, and interactive webinars led by a board-certified psychiatrist
3
, fostering a psychologically safe workplace. The company's core services, as an insurance brokerage, involve advising healthcare organizations to enhance healthcare access and public health outcomes
4
, and improving employee well-being through partnerships like the one with Cylinder Health for a personalized gastrointestinal care platform
5
. The company's business activities do not generate revenue from products with negative health outcomes, nor do they have direct safety implications, health externalities, addiction potential, or involve clinical trials, pharmaceutical patents, or food products. The company's own products do not carry health risks requiring disclosure or transparency.
Fair Money & Economic Opportunity
0
The provided articles focus exclusively on Brown & Brown's internal workplace culture, diversity, and inclusion initiatives for its employees. This includes designations as a Military Friendly® Employer
1
and a Great Place To Work®
2
, as well as internal programs like Belonging Sessions
3
, Culture Day
4
, and Teammate Resource Groups
5
. There is no information regarding the company's financial products or services, customer demographics, pricing fairness, financial literacy programs, or any other metrics related to fair money and economic opportunity for its clients or underserved communities. Therefore, no KPIs under this value can be scored based on the evidence provided.
Fair Pay & Worker Respect
0
Brown & Brown, Inc. has received Great Place To Work® Certification for six consecutive years
1
and was named to the 2024 Fortune Best Workplaces for Women™ list for the fourth consecutive year
2
, reflecting its dedication to inclusion, fair pay, and worker respect
3
. The company also earned the Platinum Level Bell Seal for Workplace Mental Health for the second consecutive year
4
, acknowledging its commitment to employee well-being
5
. Initiatives include a Diversity, Inclusion, and Belonging advisory council
6
and Teammate Resource Groups
7
. In 2024, the company reported no work-related fatalities and 17 injuries
8
. Its compensation system focuses on competitive base salaries, annual cash incentives, and long-term equity awards
9
. However, the provided articles do not contain specific quantitative data points required to score any of the KPIs, such as living wage coverage, CEO-median pay ratio, collective bargaining share, safety incident rate (TRIR), pay equity ratio, worker engagement score, turnover rate, labor violation incidents, insecure contract share, or health insurance coverage.
Fair Trade & Ethical Sourcing
0
Brown & Brown, Inc. operates as an insurance brokerage firm, a business model that does not involve the procurement or trade of physical commodities. Consequently, KPIs related to fair-trade certifications, supply chain audits for welfare, exposure to upstream labor practices, traceability of materials, remediation processes for sourcing violations, ethical sourcing clauses in supplier contracts, or spend on high-risk materials are not applicable to its core operations. No evidence was provided regarding the percentage of procurement budget directed to indigenous, minority, or local community suppliers.
Honest & Fair Business
-10
Brown & Brown maintains a formal, anonymous whistleblower policy, EthicsPoint, which requires teammates to report violations and ensures prompt investigations.
1
All employees receive annual training on the Code of Ethics, which encompasses this policy.
2
The company also has a comprehensive anti-corruption framework, integrating its Code of Ethics with the Foreign Corrupt Practices Act, Anti-Bribery Policy, and Anti-Money Laundering Policy.
3
These policies establish strict rules prohibiting bribery, corruption, anti-competitive behavior, insider trading, and money laundering, with all employees receiving training upon hiring and annually thereafter.
4
Kind to Animals
0
Brown & Brown is an insurance brokerage firm, and its core business model does not involve animal testing, animal-derived ingredients, animal agriculture, or direct impact on wildlife habitats, making most animal welfare KPIs not applicable. The company offers pet insurance products, including through its 2024 acquisition of VetsMediCover, which facilitates access to medical care for pets
1
. It also provides insurance services to nonprofits, potentially including those involved in animal welfare
2
. Furthermore, Brown & Brown supports cheetah conservation through donations to the Cheetah Conservation Fund and the Ann van Dyk Cheetah Centre in South Africa
3
.
No War, No Weapons
0
No evidence available to assess Brown & Brown Inc on No War, No Weapons.
Planet-Friendly Business
0
Brown & Brown has undertaken several initiatives to enhance its environmental sustainability and reduce its carbon footprint.
1
These include supporting recycling and reuse programs, installing energy-efficient equipment across office locations, and migrating technology infrastructure to cloud environments to decrease energy consumption.
2
The company has incorporated LED lighting and motion sensors in new and renovated office spaces, with some facilities achieving LEED certification.
3
Additionally, 94% of offices have paperless operations, 81% use automatic lights, and 75% utilize reusable kitchenware.
4
Respect for Cultures & Communities
0
No specific, quantifiable evidence was found in the provided article to assess the company against the defined Key Performance Indicators for Respect for Cultures & Communities. The article mentions diversity, inclusion, and belonging initiatives, including Teammate Resource Groups and Culture Day, and a Tribal Nation team providing tailored risk management solutions
1
, but these are general statements of initiatives and services, not concrete data points that map to the rubric's quantitative thresholds.
Safe & Smart Tech
0
Brown & Brown has implemented a comprehensive information security program that includes internal scans, external scans, software code scans, and penetration tests.
1
The company addresses AI-related risks in hiring, acknowledging potential biases and emphasizing compliance with civil rights laws to prevent discrimination.
2
A structured vulnerability management program is in place to identify vulnerabilities through scans and assessments.
3
They conduct annual security and compliance training covering ethical conduct and cybersecurity awareness, and maintain compliance with industry certifications.
4
Specific investment percentages in cybersecurity are not disclosed.
5
Zero Waste & Sustainable Products
-30
Brown & Brown has implemented several waste reduction initiatives. Approximately 88% of its offices are committed to going paperless, which has significantly reduced paper waste.
1
Additionally, around 74% of offices are equipped with water fountains and refill stations to encourage reusable containers and reduce single-use plastic waste.
2
The company also supports recycling and reuse initiatives across its office locations.
3