Brown & Brown promotes Mike Bruce to chief executive officer of Brown & Brown Europe; enhances collaboration of European operations
07 September 2023 - 2:00PM
Brown & Brown promotes Mike Bruce to chief executive officer of
Brown & Brown Europe; enhances collaboration of European
operations
Brown & Brown, Inc. (NYSE: BRO) has announced the promotion of
Mike Bruce to chief executive officer of Brown & Brown Europe.
Mike was formerly the chief executive officer of Global Risk
Partners (GRP), which was acquired by Brown & Brown in July
2022. In his new role, Mike will lead Brown & Brown’s overall
European strategy.
Commenting on the business rationale, Mike said
his goal is to enable the European teams to build more connectivity
and leverage the financial strength and scale of Brown & Brown
with insurers, customers and potential acquisitions. Mike says,
”Our teammates will be able to derive value from our combined
capabilities and deeper collaboration. ‘The Power of We’ is one of
Brown & Brown’s consistent cultural focuses, which I am excited
to have the opportunity to facilitate in our growing European
operations.”
“To be successful, you need to adapt,
collaborate and think one step ahead,” said Barrett Brown,
president of Retail and executive vice president. “Mike has
consistently proven that he can help optimize processes for
multiple businesses, using creative strategies and solutions to
drive positive outcomes for our customers and teammates.”
Powell Brown, chief executive officer and
president of Brown & Brown, says, “The growth trajectory in
Europe is a testament to our teammates in the United Kingdom,
Ireland and beyond; the attractiveness of our acquisition
solutions; and the effectiveness of our model. We feel very
positive about our global value proposition as we increase
collaboration and look to make future investments. We are confident
that Mike is a leader that will assist in implementing our
collective vision."
Mike will work directly with Brown & Brown
senior leaders, Barrett Brown, executive vice president; Chris
Walker, executive vice president; and Stephen Boyd, executive vice
president.
About Brown & Brown Brown
& Brown, Inc. (NYSE: BRO) is a leading insurance brokerage
firm, delivering risk management solutions to individuals and
businesses since 1939. With 15,000+ teammates in approximately 500
locations worldwide, we are committed to providing innovative
strategies to help protect what our customers value most. For more
information or to find an office near you, please visit
bbinsurance.com.
For more information:
R. Andrew WattsChief Financial
Officer386-239-5770
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/9633dd7d-a41a-401b-8652-07a8b50cf5aa
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