BROWN & BROWN, INC. - 10-K - Management's Discussion and Analysis of Financial Condition and Results of Operations.
We are a diversified insurance agency, wholesale brokerage, insurance programs and services organization headquartered in Daytona Beach, Florida. Our revenues grew from $95.6 million in 1993 to $3.1 billion in 2021, reflecting a compound annual growth rate of 13.2%. In the same 28- year period, we increased net income from $8.1 million to $587.1 million in...