Brown & Brown announced the launch of a fully integrated National Healthcare Practice, a new specialty distribution platform that will serve hospitals, health systems, physician groups and other healthcare organizations across the United States and abroad.
The practice brings together more than 140 seasoned professionals, led by co‑leaders Matthew Siciliani and Tracy Hoffman, with Bob Dubraski serving as practice chairman. It offers a comprehensive suite of services—including professional liability, managed care reinsurance, value‑based care, property, cyber liability, workers’ compensation, captive management, actuarial services, surety and data‑analytics platforms—designed to address the complex risks faced by modern healthcare providers.
The move is intended to leverage Brown & Brown’s existing MGA/MGU capabilities and capture higher‑margin, fee‑generating business in a sector that is growing faster than the broader property‑and‑casualty market. By deepening relationships with large medical customers, the firm aims to generate new revenue streams that are less sensitive to traditional property‑rate cycles and to strengthen cross‑sell opportunities.
Brown & Brown’s global footprint—over 700 locations and more than 23,000 professionals—provides a strong foundation for scaling the new practice. The company has been active in acquisitions, including the $9.8 billion purchase of Accession Risk Management Group in August 2025 and the acquisition of J. Kevin Campbell Agency to bolster workers’ compensation expertise.
Steve Hearn, president of the Retail segment, said the launch reflects the company’s commitment to delivering integrated, innovative risk‑management solutions to complex healthcare organizations. The announcement comes as analysts expect Q4 2025 revenue of $1.61 billion and EPS of $0.89, underscoring the importance of the healthcare platform to future earnings.
The new practice positions Brown & Brown to compete more directly with specialty brokers that already have established healthcare platforms, potentially strengthening its competitive position and providing a more resilient revenue mix.
The content on EveryTicker is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.