Is hull & Company part of Bridge Specialty?

Editorial team Published on

Yes, Hull & Company, LLC is a brand and part of the Bridge Specialty Group.

Details

  • Relationship: Bridge Specialty Group is comprised of more than 25 boutique and specialty brands, and Hull & Company is one of its primary wholesale insurance branding operations.
  • Parent Organization: Bridge Specialty Group itself operates as a division of Brown & Brown, Inc.
  • Focus: Hull & Company provides wholesale insurance solutions for complex, hard-to-place, and specialty risks across various regions.

Who owns Hull & Company?

Hull & Company is owned by Brown & Brown, Inc., a major American insurance brokerage firm.

Ownership Details

  • Parent Company: Brown & Brown, Inc. (NYSE: BRO) acquired Hull & Company in March 2005.
  • Current Status: Hull & Company operates as a wholly-owned subsidiary and part of the Bridge Specialty Group wholesale brokerage segment under Brown & Brown.
  • Origins: The company was originally founded in December 1962 in Fort Lauderdale, Florida, by Richard F. "Dick" Hull.

Is hull part of bridge specialty?

Yes, Hull & Company is a brand and part of the Bridge Specialty Group.

Overview of the Relationship

  • Hull & Company: A major wholesale insurance broker and managing general agent handling complex and hard-to-place risks.
  • Bridge Specialty Group: A collection of over 25 specialty and boutique insurance brands operating as a wholesale brokerage marketplace, owned by Brown & Brown, Inc.
  • Connection: Hull & Company operates as one of the key core divisions and brands under the umbrella of Bridge Specialty Group.

Who owns Bridge Specialty Group?

Bridge Specialty Group is owned by Brown & Brown, Inc. (NYSE: BRO), a major American insurance brokerage firm.

Ownership & Structure

  • Parent Company: Brown & Brown, Inc. operates Bridge Specialty Group as a subsidiary and core part of its wholesale brokerage operations.
  • Leadership: The division is led by Anurag Batta, who serves as president of Bridge Specialty Group.
  • Operations: It functions as a leading global wholesale insurance brokerage and managing general agent (MGA) platform.

Is Bridge Specialty Group legit?

Yes, Bridge Specialty Group is a legitimate, major global insurance wholesaler and a division of Arrowhead Intermediaries.

Company Overview

  • Scale: The company operates over 28 niche-focused specialty brands with more than 55 locations across the U.S., UK, and Europe, supporting an $8.8 billion premium book.
  • Operations: They function as a wholesale insurance broker connecting retail insurance agents with more than 300 excess and surplus (E&S) lines carriers, standard carriers, and Lloyd’s markets.
  • Industry Standing: They actively engage with top industry bodies like the Wholesale and Specialty Insurance Association (WSIA) and the Council of Insurance Agents and Brokers (CIAB). You can view more details on their official Bridge Specialty Group Website.

Ep. #69 - Basics of the Wholesale Insurance Brokerage Market

9 related questions found

Is Hull and company a broker?

Yes, Hull & Company is a wholesale insurance broker and managing general agency (MGA).

  • Wholesale Focus: It does not sell insurance directly to the general public.
  • Client Base: It works with licensed retail insurance agents and brokers rather than individual consumers.
  • Specialty: It specializes in excess and surplus (E&S) lines, hard-to-place risks, and complex commercial or personal insurance coverages.

Which is the largest insurance agency in the US?

The largest insurance broker and agency organization in the United States is Marsh McLennan.

Key Details

  • Annual Revenue: Marsh McLennan generates over $25 billion globally, leading the Business Insurance U.S. Brokers Rankings with billions in U.S. and worldwide brokerage revenue.
  • Core Services: It provides risk management, insurance brokerage, employee benefits consulting, and reinsurance solutions.
  • Other Top U.S. Competitors: Following closely behind in scale and revenue are Arthur J. Gallagher & Co. and Aon PLC.
  • Top Property & Casualty Insurer (Carrier): If you meant the largest direct insurance carrier (writer of policies) rather than an agency/broker, State Farm ranks number one in the U.S. by market share.

What is Bridge Specialty Group?

Bridge Specialty Group is a leading global insurance wholesaler and wholesale brokerage division operating under Brown & Brown, Inc.

Core Overview

  • What they do: They connect retail insurance agents and brokers with specialized excess and surplus (E&S) lines and admitted insurance carriers.
  • Scale: The company comprises over 28 specialty brands, more than 55 office locations globally (including the U.S., UK, and Europe), and over 2,200 team members.
  • Access: They provide placement access to over 300 insurance carriers and international markets like Lloyd's.

Key Areas of Expertise

  • Specialty Lines: Property, casualty, professional liability, executive risk, environmental, cyber liability, and personal lines.
  • Industries Served: Healthcare, life sciences, public entities, transportation, construction, and farm and ranch.

Who owns Brown & Brown?

Brown & Brown, Inc. is a publicly traded company on the New York Stock Exchange (NYSE: BRO), meaning it is owned by its shareholders, including institutional investors, mutual funds, and individual stockholders, with significant equity still held and guided by the founding Brown family.

Key Ownership and Leadership Details

  • Public Ownership: It is an S&P 500 company owned by public shareholders.
  • The Brown Family: J. Hyatt Brown (Chairman) and his family maintain a substantial ownership stake, continuing a legacy that began when J. Hyatt Brown acquired the firm in 1961 (originally founded in 1939).
  • Executive Leadership: J. Powell Brown serves as the Chief Executive Officer.
  • Employee Ownership: Teammates and employees also hold a notable portion of equity through ownership and stock plans.

You can review official corporate governance details through Brown & Brown Investor Relations.

How to contact Bridge Specialty Group?

You can contact Bridge Specialty Group through their corporate website or by reaching out to their main office locations and international hubs.

Main and International Contacts

  • Global Website: Visit the Bridge Specialty Group Official Website to explore specific brands and regional offices.
  • London / International Office: Call +44 (0)20 7204 3600 or visit Bridge Specialty International located at Corn Exchange, 55 Mark Lane, London.

Select Regional Office Locations

  • Ashburn, Virginia: 20755 Williamsport Pl, Suite 120 | Call 571-210-4382
  • Daytona Beach, Florida: 300 N Beach St. | Call 386-366-3600
  • Franklin, Tennessee: 725 Cool Spring Blvd, Suite 470 | Call 615-292-2771
  • Dallas, Texas: 14785 Preston Road, Suite 675 | Call 214-274-3101
  • Metairie, Louisiana: 3850 N. Causeway Blvd., Ste. 850 | Call 504-830-7336