What caused Brown & Brown's 2025 valuation drop?

Organic growth slowed to 3.6% in Q2, spooking investors despite low use—multiples fell from 17.8x to 12.9x.

Are insurance broker valuations crashing in 2026?

Midmarket holding at ~11x, supported by M&A demand, but public brokers down 21%; AI pressures loom.

How will AI impact insurance brokers?

AI automates quoting and claims, forcing brokers to specialize or consolidate—valuations hinge on adaptation speed.

Brown & Brown Plunges 28% in Multiples: Insurance Broker Wake-Up Call

Brown & Brown's brutal 28% valuation plunge in 2025 isn't just a stock hiccup—it's the canary in the coal mine for insurance brokers everywhere. Amid resilient midmarket deals, whispers of AI disruption loom large.

Fintech Dose Apr 14, 2026 3 min read

Chart showing Brown & Brown EBITDA multiple decline from 17.8x to 12.9x in 2025 amid rising S&P

⚡ Key Takeaways

Brown & Brown's multiples crashed 28% in 2025 from 17.8x to 12.9x on organic growth slowdown. 𝕏
Midmarket broker valuations resilient at 11.4x, buoyed by 50 buyers per deal and M&A frenzy. 𝕏
AI emerges as platform shift, mirroring 2008 consolidation—valuations face reset unless brokers adapt. 𝕏

Written by

Haruto Suzuki

Japanese crypto correspondent covering bitFlyer, Coincheck, FSA licensing, and Japan's stablecoin regulatory framework.

#AI insurance #Brown & Brown #EBITDA-multiples #M&A-trends #insurance-broker-valuations

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Originally reported by Insurance Journal

⚡ Key Takeaways

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Haruto Suzuki

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