Brown & Brown (BRO) Q2 FY26 earnings call

Brown & Brown reported a mixed Q2 FY26, with strong total revenue growth driven by acquisitions and robust contingent commissions, offsetting a decline in organic revenue excluding contingents. The company is actively investing in AI partnerships and talent acquisition to drive future organic growth and margin expansion, while navigating competitive insurance markets and managing the integration of Accession. Management remains confident in its capital allocation strategy, balancing share repurchases, debt reduction, and strategic M&A.