Insurance Brokerage / Risk Advisory

Capital-light insurance brokers and risk advisors that earn commissions, fees, contingent compensation, fiduciary investment income, and consulting revenue from placing client insurance risk with third-party carriers and advising on risk, reinsurance, health, benefits, retirement, and wealth programs. These companies do not take primary underwriting risk on their own balance sheets; carrier premiu

Each company on its own headline number

TickerCompanyTheir metricPeriodYoYA year ago
TWFGTWFG, Inc. Common StockAdjusted Net IncomeFY2026-Q2+76.5%+17.3%
EQHEquitable Holdings, Inc.Non-GAAP Operating Earnings Per Common ShareFY2026-Q1+24.6%-9.1%
ERIEErie Indemnity CompanyService AgreementFY2026-Q2+8.3%-18.1%
AJGArthur J. Gallagher & Co.Risk ManagementFY2026-Q2+15.2%+9.3%
WTWWillis Towers Watson Public Limited CompanyOrganic revenue growthFY2026-Q2+0.0 pts-1.0 pts
RDZNRoadzen, Inc.Agent and Fleet Customer AgreementsFY2027-Q1+11.6%+11.8%
BROBrown & Brown, Inc.Adjusted EBITDAC MarginFY2026-Q2-1.0 pts+1.0 pts
GSHDGoosehead Insurance, IncTotal Written PremiumsFY2026-Q2+11.7%+20.1%
MRSHMarsh & McLennan Companies, Inc.Risk and Insurance Services RevenueFY2026-Q2+4.3%+15.0%
SLQTSelectQuote, Inc.Life RevenueFY2026-Q4-0.1%+14.1%
BWINThe Baldwin Insurance Group, Inc.Adjusted Diluted Earnings per ShareFY2026-Q1-3.1%+16.1%
HITHealth In Tech, Inc.Underwriting Modeling RevenueFY2026-Q2-39.1%+27.5%
AONAon plcOrganic revenue growthFY2026-Q2
EHTHeHealth, Inc.Adjusted Earnings Before Interest, Taxes, Depreciation, and AmortizationFY2026-Q2
LIFEEthos Technologies Inc.Contribution ProfitFY2026-Q2+63.9%
NPNeptune Insurance Holdings Inc.Adjusted Earnings before Interest, Taxes, Depreciation, and Amortization MarginFY2026-Q1
PRIPrimerica, Inc.Total adjusted operating income before income taxesFY2026-Q1
RYANRyan Specialty Holdings, Inc.Adjusted diluted earnings per shareFY2026-Q1+20.5%

Where they use the same metric

  • United States — reported by 6 of 32
  • Adjusted Earnings before Interest, Taxes, Depreciation, and Amortization Margin — reported by 6 of 32
  • Adjusted net income — reported by 6 of 32
  • Adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization — reported by 6 of 32
  • United Kingdom — reported by 5 of 32
  • Adjusted diluted earnings per share — reported by 5 of 32
  • Organic revenue growth — reported by 4 of 32
  • Adjusted EBITDAC Margin — reported by 4 of 32

A side-by-side appears only when three or more companies report the same metric under their own definition. Nothing is translated from one company's segment into another's.

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