Brown & Brown (BRO) Q3 2025 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Mon, January 26, 2026 astatine 9:24 AM CST 47 min read

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Tuesday, October 28, 2025 astatine 8:00 a.m. ET

• President and Chief Executive Officer — J. Powell Brown

• Executive Vice President and Chief Financial Officer — R. Andrew Watts

Operator: Good morning, and invited to the Brown & Brown, Inc. Third Quarter Earnings Call. Today's telephone is being recorded. Please enactment that definite accusation discussed during this call, including accusation contained successful the descent presumption posted successful transportation with this telephone and including answers fixed successful effect to your questions whitethorn subordinate to aboriginal results and events oregon different beryllium forward-looking successful nature. Such statements bespeak our existent views with respect to aboriginal events, including those relating to the company's anticipated fiscal results for the 3rd 4th and are intended to autumn wrong the harmless harbor provisions of the securities laws.

Actual results oregon events successful the aboriginal are taxable to a fig of risks and uncertainties and whitethorn disagree materially from those presently anticipated oregon desired oregon referenced successful immoderate forward-looking statements made arsenic a effect of a fig of factors. Such factors see the company's determination arsenic it finalizes its fiscal results for the 3rd 4th that its fiscal results disagree from the existent preliminary unaudited numbers acceptable distant successful the property merchandise issued yesterday, different factors that the institution whitethorn not person presently identified oregon quantified and those risks and uncertainties identified from clip to clip successful the company's reports filed with the Securities and Exchange Commission.

Additional treatment of these and different factors affecting the company's businesses and prospects arsenic good arsenic further accusation regarding forward-looking statements is contained successful the descent presumption posted successful transportation with this telephone and successful the company's filings with the Securities and Exchange Commission. We disclaim immoderate volition oregon work to update oregon revise immoderate forward-looking statements, whether arsenic a effect of caller information, aboriginal events oregon otherwise. In addition, determination are definite non-GAAP fiscal measures utilized successful this league call.

A reconciliation of immoderate non-GAAP fiscal measures to the astir comparable GAAP fiscal measurement tin beryllium recovered successful the company's net property merchandise oregon successful the capitalist presumption for this telephone connected the company's website astatine www.bbrown.com by clicking connected Investor Relations and past Calendar of Events. With that said, I volition present crook the telephone implicit to Powell Brown, President and Chief Executive Officer. You whitethorn begin.