Brown & Brown to Acquire RSC June 10, 2025 Information Regarding Forward Looking Statements This presentation contains certain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created by those laws. You can identify these statements by forward-looking words such as "may," "will," "should," "expect," "anticipate," "believe," "intend," "estimate," "plan" and ...

Financial Performance Highlights - The company achieved an all-time high quarterly operating EPS of $3.17[47] - The annualized operating return on average common equity (ROACE) reached 19.2%[13, 35, 48] - The diluted book value per share hit a record of $66.48, marking a 16.4% increase over the past 12 months[48] - The company executed $440 million in share repurchases during the first quarter of 2025[19, 44, 47] Underwriting Performance - The current accident year combined ratio, excluding catastrophes and weather, improved to 87.9%, a 1.7 percentage point improvement year-over-year[48] - The insurance segment's gross premiums written (GPW) reached $1.7 billion, a 5% increase year-over-year, representing the highest first-quarter volume for the segment[33, 47] - Reinsurance segment GPW increased by 5% year-over-year to $1.1 billion, driven by new business in Professional Lines and Credit & Surety lines[33] Strategic Focus and Portfolio - The company's total capital stands at $7.2 billion, with a debt-to-total capital ratio of 18.2%[13] - The company's gross premiums written (GPW) is $9.1 billion[13, 22] - The company aims for a G&A ratio of less than 11% by 2026 through the "How We Work" program[38]

Core Points - The article emphasizes the importance of securing car insurance before purchasing a new vehicle, as dealerships require proof of insurance to complete the sale [1][16] - It outlines the different scenarios for obtaining insurance, whether the buyer has an existing policy or is purchasing a new one [3][4] Group 1: Insurance for New Car Buyers - Buyers without existing insurance must obtain quotes and purchase a policy before finalizing the car purchase [4][6] - Insurance premiums are influenced by various factors, including coverage options and limits, making it essential to compare quotes from different insurers [5][11] - New car buyers should ensure they have at least the state minimum coverage, with full coverage recommended for added protection [8][12] Group 2: Existing Policy Holders - Buyers with an existing auto insurance policy typically have a grace period of seven to 30 days to update their policy with the new vehicle information [8][9] - It is crucial to confirm with the insurer that the existing coverage extends to the new vehicle before completing the purchase [10][20] - Premiums may change when transferring coverage to a new vehicle due to differences in vehicle value and coverage adjustments [11][20] Group 3: Coverage Considerations - Buyers should assess their coverage needs based on factors such as financing, repair costs, and personal asset growth [12][13] - Common forms of insurance include liability, comprehensive, collision, and personal injury protection, with full coverage being a combination of these [13][18] - Additional coverage options like gap insurance and new car replacement can provide further financial protection [17][18] Group 4: Tips for Insuring a New Vehicle - It is advisable to shop around for quotes and assess coverage needs specific to the new vehicle [14][15] - Buyers should consider going beyond minimum coverage requirements to ensure adequate financial protection [14] - Discounts may be available from insurers, which can help reduce overall insurance costs [14]