Insurance Brokers Stocks
Insurance Brokers: SelectQuote, Inc. owns the largest revenue base; Ethos Technologies Inc. has the fastest current growth.
How has Insurance Brokers moved against S&P 500?
The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this industry is 54% behind S&P 500. Earnings across its companies grew 6% on average over the last four reported quarters — close to flat. It has been ahead of S&P 500 on a rolling three-month view for 7 weeks running.
RS ↑7w · 10/14 >200d (+3) · 11/15 lead (+3) · EPS 3/14↑
Both lines start at 200 in the same week, so the distance between them is the whole story: the industry line is an equal-weighted index of its 15 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the industry taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.
Is Insurance Brokers outperforming S&P 500?
Insurance Brokers has underperformed S&P 500 by 27.6% over the last 52 weeks. Over 13 weeks the gap is a lead of 14.2%. 4 of 13 covered companies currently beat the S&P 500 on Mansfield relative strength, so leadership inside the sector is selective. The Baldwin Insurance Group, Inc. is the strongest against the sector itself at +8.6%.
Sector metric: — as of latest available · unclassified · direction unavailable.
The central tension: the companies with the most scale are not necessarily the companies creating the most change.
Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.
Bottom line
Insurance Brokers has underperformed S&P 500 by 27.6% over 52 weeks and 14.2% over 13 weeks. 4 of 13 covered companies beat the S&P 500 on Mansfield relative strength, while 5 of 13 beat the sector itself. SelectQuote, Inc. leads with income of $1,642 million, based on 6 of 15 comparable companies through Mar 2026.
4-Factor Sector Score
An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.
How this score is built, and what the marks mean
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led S&P 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1TWFG, Inc.TWFG | 61.8/100Mixed-positive evidence70% evidence | BREAKING OUT | 25.6/35 Income 25.9% · PAT 65.5% 71% evidence | 15.4/25 ROA 3.2% · ROE 4.6% · GNPA — 68% evidence | 5.8/20 P/BV 3.77× · P/BV÷ROE 0.82 70% evidence | 15.0/20 RS sector 6.1% · RS bench 2.3% · 1Y 6%7 of 12 weeks ahead 70% evidence |
| Exact sum: 25.6 + 15.4 + 5.8 + 15 = 61.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 2SelectQuote, Inc.SLQT | 51.1/100Mixed-positive evidence70% evidence | ASLEEP | 25.4/35 Income 10.3% · PAT 100% 71% evidence | 14.1/25 ROA 2.5% · ROE 6.6% · GNPA — 68% evidence | 8.6/20 P/BV 0.17× · P/BV÷ROE 0.03 70% evidence | 3.0/20 RS sector -44.6% · RS bench -48.6% · 1Y -61.9%7 of 12 weeks ahead 70% evidence |
| Exact sum: 25.4 + 14.1 + 8.6 + 3 = 51.1 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -44.6% and the one-year return is -61.9%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth. | ||||||
| 3Marsh & McLennan Companies, Inc.MRSH | 48.0/100Mixed-negative evidence60% evidence | TURNING | 17.1/35 Income — · PAT — 26% evidence | 16.3/25 ROA 2.4% · ROE 8.2% · GNPA — 68% evidence | 7.6/20 P/BV 5.25× · P/BV÷ROE 0.64 70% evidence | 7.0/20 RS sector -3.4% · RS bench -6% · 1Y -6%2 of 12 weeks ahead 100% evidence |
| Exact sum: 17.1 + 16.3 + 7.6 + 7 = 48 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 4Brown & Brown, Inc.BRO | 44.2/100Mixed-negative evidence60% evidence | TURNING | 17.8/35 Income — · PAT — 26% evidence | 11.3/25 ROA 1.1% · ROE 2.4% · GNPA — 68% evidence | 7.0/20 P/BV 1.68× · P/BV÷ROE 0.7 70% evidence | 8.1/20 RS sector -12% · RS bench -15.5% · 1Y -24%2 of 12 weeks ahead 100% evidence |
| Exact sum: 17.8 + 11.3 + 7 + 8.1 = 44.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 5Willis Towers Watson Public Limited CompanyWTW | 44.2/100Mixed-negative evidence60% evidence | TURNING | 15.3/35 Income — · PAT — 26% evidence | 10.4/25 ROA 1% · ROE 2.9% · GNPA — 68% evidence | 4.9/20 P/BV 3.16× · P/BV÷ROE 1.09 70% evidence | 13.6/20 RS sector 2.1% · RS bench -0.8% · 1Y 3.6%2 of 12 weeks ahead 100% evidence |
| Exact sum: 15.3 + 10.4 + 4.9 + 13.6 = 44.2 · Decision use: Price leads the evidence: RS versus the benchmark is -0.8%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 6CorVel CorporationCRVL | 43.4/100Mixed-negative evidence76% evidence | ASLEEP | 16.2/35 Income 7.1% · PAT 9.1% 71% evidence | 18.6/25 ROA 5.2% · ROE 8.7% · GNPA — 68% evidence | 5.8/20 P/BV 7.06× · P/BV÷ROE 0.81 70% evidence | 2.8/20 RS sector -16.6% · RS bench -19.9% · 1Y -31.4%4 of 12 weeks ahead 100% evidence |
| Exact sum: 16.2 + 18.6 + 5.8 + 2.8 = 43.4 · Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression. | ||||||
| 7Erie Indemnity CompanyERIE | 42.7/100Mixed-negative evidence60% evidence | TURNING | 14.9/35 Income — · PAT — 26% evidence | 17.1/25 ROA 4.8% · ROE 7.8% · GNPA — 68% evidence | 7.2/20 P/BV 5.08× · P/BV÷ROE 0.65 70% evidence | 3.5/20 RS sector -17.2% · RS bench -20.2% · 1Y -31.6%2 of 12 weeks ahead 100% evidence |
| Exact sum: 14.9 + 17.1 + 7.2 + 3.5 = 42.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 8Crawford & CompanyCRD-A | 39.7/100Mixed-negative evidence70% evidence | TURNING | 9.5/35 Income -3.2% · PAT -41.9% 71% evidence | 9.8/25 ROA 1% · ROE 2.9% · GNPA — 68% evidence | 5.4/20 P/BV 2.75× · P/BV÷ROE 0.95 70% evidence | 15.0/20 RS sector 5.8% · RS bench 3.7% · 1Y 37.9%3 of 12 weeks ahead 70% evidence |
| Exact sum: 9.5 + 9.8 + 5.4 + 15 = 39.7 · Decision use: Price leads the evidence: RS versus the benchmark is 3.7%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 9Arthur J. Gallagher & Co.AJG | 37.8/100Mixed-negative evidence60% evidence | BREAKING OUT | 18.2/35 Income — · PAT — 26% evidence | 8.1/25 ROA 0.6% · ROE 1.4% · GNPA — 68% evidence | 3.8/20 P/BV 2.49× · P/BV÷ROE 1.78 70% evidence | 7.7/20 RS sector -6.9% · RS bench -10.2% · 1Y -14.3%5 of 12 weeks ahead 100% evidence |
| Exact sum: 18.2 + 8.1 + 3.8 + 7.7 = 37.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 10Aon plcAON | 37.7/100Mixed-negative evidence60% evidence | BREAKING OUT | 16.6/35 Income — · PAT — 26% evidence | 12.9/25 ROA 1.3% · ROE 6.3% · GNPA — 68% evidence | 3.5/20 P/BV 7.39× · P/BV÷ROE 1.17 70% evidence | 4.7/20 RS sector -4.4% · RS bench -6.7% · 1Y -2.7%4 of 12 weeks ahead 100% evidence |
| Exact sum: 16.6 + 12.9 + 3.5 + 4.7 = 37.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 11Accelerant HoldingsARX | 32.3/100Thin evidence · provisional58% evidence | ASLEEP | 12.7/35 Income 54.2% · PAT -4779.3% 71% evidence | 6.2/25 ROA -0.1% · ROE -0.7% · GNPA — 68% evidence | 9.6/20 P/BV 4.27× · P/BV÷ROE — 10% evidence | 3.8/20 RS sector -22.5% · RS bench -25.5% · 1Y -55.8%4 of 12 weeks ahead 70% evidence |
| Exact sum: 12.7 + 6.2 + 9.6 + 3.8 = 32.3 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 12Goosehead Insurance, Inc.GSHD | 62.2/100Thin evidence · provisional48% evidence | BREAKING OUT | 21.0/35 Income — · PAT — 26% evidence | 13.3/25 ROA 5.1% · ROE -10.7% · GNPA — 68% evidence | 9.8/20 P/BV -10.27× · P/BV÷ROE — 10% evidence | 18.1/20 RS sector 6.9% · RS bench 1.4% · 1Y -20.3%6 of 12 weeks ahead 100% evidence |
| Exact sum: 21 + 13.3 + 9.8 + 18.1 = 62.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 13Neptune Insurance Holdings Inc.NP | 50.5/100Thin evidence · provisional28% evidence | FADING | 16.2/35 Income — · PAT — 26% evidence | 14.5/25 ROA 35.4% · ROE -14.2% · GNPA — 68% evidence | 9.8/20 P/BV -19.45× · P/BV÷ROE — 10% evidence | 10.0/20 RS sector — · RS bench — · 1Y —11 of 12 weeks ahead 0% evidence |
| Exact sum: 16.2 + 14.5 + 9.8 + 10 = 50.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 14The Baldwin Insurance Group, Inc.BWIN | 48.1/100Thin evidence · provisional48% evidence | BREAKING OUT | 13.6/35 Income — · PAT — 26% evidence | 5.3/25 ROA -0.2% · ROE -4.5% · GNPA — 68% evidence | 9.8/20 P/BV 2.9× · P/BV÷ROE — 10% evidence | 19.4/20 RS sector 8.6% · RS bench 4.5% · 1Y -10.6%6 of 12 weeks ahead 100% evidence |
| Exact sum: 13.6 + 5.3 + 9.8 + 19.4 = 48.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 15Ethos Technologies Inc.LIFE | 37.7/100Thin evidence · provisional44% evidence | ASLEEP | 13.1/35 Income 67% · PAT -305.8% 71% evidence | 4.8/25 ROA -30.8% · ROE -42.6% · GNPA — 68% evidence | 9.8/20 P/BV 1.59× · P/BV÷ROE — 10% evidence | 10.0/20 RS sector — · RS bench — · 1Y —11 of 12 weeks ahead 0% evidence |
| Exact sum: 13.1 + 4.8 + 9.8 + 10 = 37.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
Market action
Crawford & Company has the strongest one-year price move in Insurance Brokers at +37.9%. The Baldwin Insurance Group, Inc. leads on Mansfield relative strength against the S&P 500 at +4.5%. 4 of 13 covered companies are above zero on that measure. Every line covers 314 weekly closes through 2026-08-04.
Every company, the sector's own index and S&P 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.
How far ahead of or behind S&P 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS S&P 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.
The same measure taken against Insurance Brokers itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.
Income Scale & Growth Durability
SelectQuote, Inc. has the highest Income among the 15 Insurance Brokers companies compared here, at $1,642 million. Crawford & Company is next at $1,308 million. Ethos Technologies Inc. has the highest Income growth at 67%, so level and change sit with different companies. 6 of 15 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: SelectQuote, Inc. is the scale leader at $1,642 million, 25.5% ahead of Crawford & Company. Ethos Technologies Inc.'s growth is 67% from a $486 million base, with 9 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.
Investor read: SelectQuote, Inc. is the scale benchmark; Ethos Technologies Inc. is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.
This conclusion weakens if: SelectQuote, Inc.'s growth falls below Ethos Technologies Inc.'s for two consecutive comparable reports while operating margin also compresses.
On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.
All-company data · latest reported quarter
In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Income | Income growth | Reported |
|---|---|---|---|
| Marsh & McLennan Companies, Inc. MRSH | $7.6B | 7.6% | Jun 2026 |
| Aon plc AON | $5.0B | 6.5% | Jun 2026 |
| Arthur J. Gallagher & Co. AJG | $4.8B | 28% | Jun 2026 |
| Willis Towers Watson Public Limited Company WTW | $2.4B | 8.5% | Jun 2026 |
| Brown & Brown, Inc. BRO | $1.9B | 36% | Jun 2026 |
| Erie Indemnity Company ERIE | $1.0B | 2.3% | Jun 2026 |
| The Baldwin Insurance Group, Inc. BWIN | $532M | 29% | Jun 2026 |
| SelectQuote, Inc. SLQT | $431M | 5.6% | Mar 2026 |
| Crawford & Company CRD-A | $320M | -0.9% | Mar 2026 |
| Accelerant Holdings ARX | $273M | 53% | Mar 2026 |
| CorVel Corporation CRVL | $249M | 7.3% | Mar 2026 |
| Ethos Technologies Inc. LIFE | $193M | 103% | Mar 2026 |
| Goosehead Insurance, Inc. GSHD | $93M | 22% | Jun 2026 |
| TWFG, Inc. TWFG | $73M | 35% | Mar 2026 |
| Neptune Insurance Holdings Inc. NP | $38M | 31% | Jun 2026 |
Full 20-quarter history · every available company
Income · reported quarter history
Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Aon plc · AON
Arthur J. Gallagher & Co. · AJG
Brown & Brown, Inc. · BRO
CorVel Corporation · CRVL
Erie Indemnity Company · ERIE
Ethos Technologies Inc. · LIFE
Goosehead Insurance, Inc. · GSHD
Marsh & McLennan Companies, Inc. · MRSH
Neptune Insurance Holdings Inc. · NP
The Baldwin Insurance Group, Inc. · BWIN
Willis Towers Watson Public Limited Company · WTW
Income growth · reported quarter history
Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Accelerant Holdings · ARX
Aon plc · AON
Arthur J. Gallagher & Co. · AJG
Brown & Brown, Inc. · BRO
CorVel Corporation · CRVL
Erie Indemnity Company · ERIE
Ethos Technologies Inc. · LIFE
Goosehead Insurance, Inc. · GSHD
Marsh & McLennan Companies, Inc. · MRSH
Neptune Insurance Holdings Inc. · NP
The Baldwin Insurance Group, Inc. · BWIN
Willis Towers Watson Public Limited Company · WTW
Profit Scale & Acceleration
CorVel Corporation has the highest Net profit among the 15 Insurance Brokers companies compared here, at $530 million. SelectQuote, Inc. is next at $92 million. SelectQuote, Inc. has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies. Its Net profit series carries 19 reported observations across the 20-quarter window.
What the numbers say: CorVel Corporation leads with $530 million of TTM profit, 476.1% above SelectQuote, Inc.. SelectQuote, Inc. shows ≥100% on the scoring scale (2966.7% uncapped) growth from a $92 million profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.
Investor read: CorVel Corporation sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.
All-company data · latest reported quarter
| Company | Net profit | Profit growth | Reported |
|---|---|---|---|
| Aon plc AON | $1.2B | 26% | Jun 2026 |
| Marsh & McLennan Companies, Inc. MRSH | $1.2B | -16% | Jun 2026 |
| Arthur J. Gallagher & Co. AJG | $823M | 16% | Jun 2026 |
| Brown & Brown, Inc. BRO | $427M | 28% | Jun 2026 |
| Willis Towers Watson Public Limited Company WTW | $303M | 27% | Jun 2026 |
| Erie Indemnity Company ERIE | $150M | 8.7% | Jun 2026 |
| SelectQuote, Inc. SLQT | $40M | 54% | Mar 2026 |
| CorVel Corporation CRVL | $31M | 19% | Mar 2026 |
| TWFG, Inc. TWFG | $13M | 86% | Mar 2026 |
| Goosehead Insurance, Inc. GSHD | $8M | 167% | Jun 2026 |
| Neptune Insurance Holdings Inc. NP | $7M | -30% | Jun 2026 |
| Crawford & Company CRD-A | $5M | -29% | Mar 2026 |
| The Baldwin Insurance Group, Inc. BWIN | $-2M | -108% | Jun 2026 |
| Accelerant Holdings ARX | $-4M | -150% | Mar 2026 |
| Ethos Technologies Inc. LIFE | $-166M | -1,483% | Mar 2026 |
Full 20-quarter history · every available company
Net profit · reported quarter history
Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Accelerant Holdings · ARX
Aon plc · AON
Arthur J. Gallagher & Co. · AJG
Brown & Brown, Inc. · BRO
CorVel Corporation · CRVL
Erie Indemnity Company · ERIE
Ethos Technologies Inc. · LIFE
Goosehead Insurance, Inc. · GSHD
Marsh & McLennan Companies, Inc. · MRSH
Neptune Insurance Holdings Inc. · NP
The Baldwin Insurance Group, Inc. · BWIN
Willis Towers Watson Public Limited Company · WTW
Profit growth · reported quarter history
Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Accelerant Holdings · ARX
Aon plc · AON
Arthur J. Gallagher & Co. · AJG
Brown & Brown, Inc. · BRO
CorVel Corporation · CRVL
Erie Indemnity Company · ERIE
Ethos Technologies Inc. · LIFE
Goosehead Insurance, Inc. · GSHD
Marsh & McLennan Companies, Inc. · MRSH
Neptune Insurance Holdings Inc. · NP
The Baldwin Insurance Group, Inc. · BWIN
Willis Towers Watson Public Limited Company · WTW
Funding Base & Its Composition
No company in this Insurance Brokers comparison reports a funding base figure this section can compare, so the Deposits rank is empty. On Borrowings, Marsh & McLennan Companies, Inc. is highest at $22,382 million, across 14 of 15 companies with a usable reading.
What the numbers say: There is not enough comparable evidence to name a reliable deposits leader.
Investor read: The current leader sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current borrowings signal.
All-company data · latest reported quarter
| Company | Deposits | Borrowings | Reported |
|---|---|---|---|
| Marsh & McLennan Companies, Inc. MRSH | — | $22.4B | Jun 2026 |
| Aon plc AON | — | $15.7B | Jun 2026 |
| Arthur J. Gallagher & Co. AJG | — | $14.1B | Jun 2026 |
| Willis Towers Watson Public Limited Company WTW | — | $7.1B | Jun 2026 |
| Brown & Brown, Inc. BRO | — | $8.0B | Jun 2026 |
| Erie Indemnity Company ERIE | — | $0M | Jun 2026 |
| The Baldwin Insurance Group, Inc. BWIN | — | $75M | Jun 2026 |
| CorVel Corporation CRVL | — | $21M | Mar 2026 |
| Accelerant Holdings ARX | — | $121M | Mar 2026 |
| Goosehead Insurance, Inc. GSHD | — | $373M | Jun 2026 |
| Ethos Technologies Inc. LIFE | — | $2M | Mar 2026 |
| TWFG, Inc. TWFG | — | $8M | Mar 2026 |
| Crawford & Company CRD-A | — | $271M | Mar 2026 |
| SelectQuote, Inc. SLQT | — | $403M | Mar 2026 |
Full 20-quarter history · every available company
No consistent historical series is available for deposits.
Borrowings · reported quarter history
Showing the 12 largest of 14 companies with a series here. The remaining 2 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Accelerant Holdings · ARX
Aon plc · AON
Arthur J. Gallagher & Co. · AJG
Brown & Brown, Inc. · BRO
CorVel Corporation · CRVL
Erie Indemnity Company · ERIE
Ethos Technologies Inc. · LIFE
Goosehead Insurance, Inc. · GSHD
Marsh & McLennan Companies, Inc. · MRSH
The Baldwin Insurance Group, Inc. · BWIN
TWFG, Inc. · TWFG
Willis Towers Watson Public Limited Company · WTW
Return On Assets
Neptune Insurance Holdings Inc. has the highest ROA among the 15 Insurance Brokers companies compared here, at 35.4%. CorVel Corporation is next at 5.2%. Goosehead Insurance, Inc. has the highest ROA change at +1.8 percentage points, so level and change sit with different companies. 15 of 15 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: Neptune Insurance Holdings Inc. leads roa at 35.4%; Goosehead Insurance, Inc. leads roa change at +1.8 percentage points.
Investor read: Neptune Insurance Holdings Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roa change signal.
All-company data · latest reported quarter
| Company | ROA | ROA change | Reported |
|---|---|---|---|
| Neptune Insurance Holdings Inc. NP | 35% | −46.1 pp | Jun 2026 |
| CorVel Corporation CRVL | 5.2% | −0.1 pp | Mar 2026 |
| Goosehead Insurance, Inc. GSHD | 5.1% | +1.8 pp | Jun 2026 |
| Erie Indemnity Company ERIE | 4.8% | −0.6 pp | Jun 2026 |
| TWFG, Inc. TWFG | 3.2% | +1.0 pp | Mar 2026 |
| SelectQuote, Inc. SLQT | 2.5% | +1.2 pp | Mar 2026 |
| Marsh & McLennan Companies, Inc. MRSH | 2.4% | −0.2 pp | Jun 2026 |
| Aon plc AON | 1.3% | −0.1 pp | Jun 2026 |
| Brown & Brown, Inc. BRO | 1.1% | −0.1 pp | Jun 2026 |
| Willis Towers Watson Public Limited Company WTW | 1.0% | −0.4 pp | Jun 2026 |
| Crawford & Company CRD-A | 1.0% | −0.4 pp | Mar 2026 |
| Arthur J. Gallagher & Co. AJG | 0.6% | 0.0 pp | Jun 2026 |
| Accelerant Holdings ARX | -0.1% | −0.3 pp | Mar 2026 |
| The Baldwin Insurance Group, Inc. BWIN | -0.2% | −1.1 pp | Jun 2026 |
| Ethos Technologies Inc. LIFE | -31% | −35.8 pp | Mar 2026 |
Full 20-quarter history · every available company
ROA · reported quarter history
Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Accelerant Holdings · ARX
Aon plc · AON
Arthur J. Gallagher & Co. · AJG
Brown & Brown, Inc. · BRO
CorVel Corporation · CRVL
Erie Indemnity Company · ERIE
Ethos Technologies Inc. · LIFE
Goosehead Insurance, Inc. · GSHD
Marsh & McLennan Companies, Inc. · MRSH
Neptune Insurance Holdings Inc. · NP
The Baldwin Insurance Group, Inc. · BWIN
Willis Towers Watson Public Limited Company · WTW
ROA change · reported quarter history
Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Accelerant Holdings · ARX
Aon plc · AON
Arthur J. Gallagher & Co. · AJG
Brown & Brown, Inc. · BRO
CorVel Corporation · CRVL
Erie Indemnity Company · ERIE
Ethos Technologies Inc. · LIFE
Goosehead Insurance, Inc. · GSHD
Marsh & McLennan Companies, Inc. · MRSH
Neptune Insurance Holdings Inc. · NP
The Baldwin Insurance Group, Inc. · BWIN
Willis Towers Watson Public Limited Company · WTW
ROE — Leaders & Improvers
CorVel Corporation has the highest ROE among the 15 Insurance Brokers companies compared here, at 8.7%. Marsh & McLennan Companies, Inc. is next at 8.2%. Neptune Insurance Holdings Inc. has the highest ROE change at +16 percentage points, so level and change sit with different companies. 15 of 15 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: CorVel Corporation leads roe at 8.7%; Neptune Insurance Holdings Inc. leads roe change at +16 percentage points.
Investor read: CorVel Corporation sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roe change signal.
All-company data · latest reported quarter
| Company | ROE | ROE change | Reported |
|---|---|---|---|
| CorVel Corporation CRVL | 8.7% | −0.6 pp | Mar 2026 |
| Marsh & McLennan Companies, Inc. MRSH | 8.2% | −0.1 pp | Jun 2026 |
| Erie Indemnity Company ERIE | 7.8% | −0.9 pp | Jun 2026 |
| SelectQuote, Inc. SLQT | 6.6% | +0.8 pp | Mar 2026 |
| Aon plc AON | 6.3% | −2.0 pp | Jun 2026 |
| TWFG, Inc. TWFG | 4.6% | +0.6 pp | Mar 2026 |
| Willis Towers Watson Public Limited Company WTW | 2.9% | −0.9 pp | Jun 2026 |
| Crawford & Company CRD-A | 2.9% | −1.6 pp | Mar 2026 |
| Brown & Brown, Inc. BRO | 2.4% | −0.3 pp | Jun 2026 |
| Arthur J. Gallagher & Co. AJG | 1.4% | −0.7 pp | Jun 2026 |
| Accelerant Holdings ARX | -0.7% | −3.9 pp | Mar 2026 |
| The Baldwin Insurance Group, Inc. BWIN | -4.5% | −4.0 pp | Jun 2026 |
| Goosehead Insurance, Inc. GSHD | -11% | +0.3 pp | Jun 2026 |
| Neptune Insurance Holdings Inc. NP | -14% | +16.0 pp | Jun 2026 |
| Ethos Technologies Inc. LIFE | -43% | −49.8 pp | Mar 2026 |
Full 20-quarter history · every available company
ROE · reported quarter history
Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Accelerant Holdings · ARX
Aon plc · AON
Arthur J. Gallagher & Co. · AJG
Brown & Brown, Inc. · BRO
CorVel Corporation · CRVL
Erie Indemnity Company · ERIE
Ethos Technologies Inc. · LIFE
Goosehead Insurance, Inc. · GSHD
Marsh & McLennan Companies, Inc. · MRSH
Neptune Insurance Holdings Inc. · NP
The Baldwin Insurance Group, Inc. · BWIN
Willis Towers Watson Public Limited Company · WTW
ROE change · reported quarter history
Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Accelerant Holdings · ARX
Aon plc · AON
Arthur J. Gallagher & Co. · AJG
Brown & Brown, Inc. · BRO
CorVel Corporation · CRVL
Erie Indemnity Company · ERIE
Ethos Technologies Inc. · LIFE
Goosehead Insurance, Inc. · GSHD
Marsh & McLennan Companies, Inc. · MRSH
Neptune Insurance Holdings Inc. · NP
The Baldwin Insurance Group, Inc. · BWIN
Willis Towers Watson Public Limited Company · WTW
Gross NPA — Leaders & Improvers
No company in this Insurance Brokers comparison reports gross NPA on a comparable basis, so there is nothing to rank here — 0 of 15 companies have a usable current reading. The section is shown rather than removed so an unavailable metric is not mistaken for one that was quietly left out. Filings were read through Jun 2026.
Valuation Against Growth & Quality
SelectQuote, Inc. has the lowest P/BV ÷ ROE among the 15 Insurance Brokers companies compared here, at 0.03×. Marsh & McLennan Companies, Inc. is next at 0.64×. Neptune Insurance Holdings Inc. has the lowest P/BV at -19.4×, so level and change sit with different companies. 10 of 15 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: SelectQuote, Inc. has the lowest comparable P/BV ÷ ROE at 0.03×, 95.3% below Marsh & McLennan Companies, Inc.. Only 10 of 15 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.
All-company data · latest reported quarter
| Company | P/BV ÷ ROE | P/BV | Reported |
|---|---|---|---|
| Accelerant Holdings ARX | 26.0 | 4.3 | Mar 2026 |
| The Baldwin Insurance Group, Inc. BWIN | 2.2 | 2.9 | Jun 2026 |
| Arthur J. Gallagher & Co. AJG | 1.8 | 2.5 | Jun 2026 |
| Aon plc AON | 1.2 | 7.4 | Jun 2026 |
| Willis Towers Watson Public Limited Company WTW | 1.1 | 3.2 | Jun 2026 |
| Crawford & Company CRD-A | 1.0 | 2.8 | Mar 2026 |
| TWFG, Inc. TWFG | 0.8 | 3.8 | Mar 2026 |
| CorVel Corporation CRVL | 0.8 | 7.1 | Mar 2026 |
| Goosehead Insurance, Inc. GSHD | 0.7 | -10.3 | Jun 2026 |
| Brown & Brown, Inc. BRO | 0.7 | 1.7 | Jun 2026 |
| Erie Indemnity Company ERIE | 0.7 | 5.1 | Jun 2026 |
| Marsh & McLennan Companies, Inc. MRSH | 0.6 | 5.3 | Jun 2026 |
| SelectQuote, Inc. SLQT | 0.0 | 0.2 | Mar 2026 |
| Neptune Insurance Holdings Inc. NP | — | -19.5 | Jun 2026 |
| Ethos Technologies Inc. LIFE | — | 1.6 | Mar 2026 |
Full 20-quarter history · every available company
P/BV ÷ ROE · reported quarter history
Showing the 12 largest of 13 companies with a series here. The remaining 1 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Accelerant Holdings · ARX
Aon plc · AON
Arthur J. Gallagher & Co. · AJG
Brown & Brown, Inc. · BRO
CorVel Corporation · CRVL
Crawford & Company · CRD-A
Erie Indemnity Company · ERIE
Goosehead Insurance, Inc. · GSHD
Marsh & McLennan Companies, Inc. · MRSH
The Baldwin Insurance Group, Inc. · BWIN
TWFG, Inc. · TWFG
Willis Towers Watson Public Limited Company · WTW
P/BV · reported quarter history
Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Accelerant Holdings · ARX
Aon plc · AON
Arthur J. Gallagher & Co. · AJG
Brown & Brown, Inc. · BRO
CorVel Corporation · CRVL
Erie Indemnity Company · ERIE
Ethos Technologies Inc. · LIFE
Goosehead Insurance, Inc. · GSHD
Marsh & McLennan Companies, Inc. · MRSH
Neptune Insurance Holdings Inc. · NP
The Baldwin Insurance Group, Inc. · BWIN
Willis Towers Watson Public Limited Company · WTW
What can make this comparison misleading?
This Insurance Brokers comparison names 6 specific ways its own evidence can mislead, all listed below. All 15 companies here report on comparable dates, so no rank carries a stale marker. 2 of the 7 ranked sections have fewer than three usable current readings. A high growth rate can still be a low-base artefact.
Keep these limits visible
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROE can be manufactured with leverage. Read it beside ROA and asset quality.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
- Banks and lenders are not forced through operating-margin or ROCE comparisons; missing lender-specific fields remain visibly missing.
- Thin comparisons: Funding base, Asset quality have fewer than three usable current readings.
How was this comparison built?
This comparison is built from the reported filings of 15 Insurance Brokers companies, normalized to a common $ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-08-04. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.
Insurance Brokers company comparison FAQs
These 21 answers restate the Insurance Brokers comparison above in question form. Every one is computed from the same 15 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-08-04. Nothing here is estimated, and none of it is a recommendation.
Is the Insurance Brokers sector outperforming S&P 500?
Insurance Brokers has underperformed S&P 500 by 27.6% over 52 weeks and 14.2% over 13 weeks. 4 of 13 covered companies beat the S&P 500 on Mansfield relative strength, while 5 of 13 beat the sector itself.
Which Insurance Brokers company is largest by income?
SelectQuote, Inc. leads with income of $1,642 million, based on 6 of 15 comparable companies through Mar 2026.
Which Insurance Brokers company is growing fastest?
Ethos Technologies Inc. has the fastest current income growth at 67%, across 6 of 15 comparable companies.
Which Insurance Brokers company has the strongest 4-Factor Sector Score?
TWFG, Inc. ranks first at 61.8/100 with 70% evidence confidence. The score prioritizes research; it is not a buy recommendation.
Which Insurance Brokers company has the lowest comparable P/BV-to-ROE?
SelectQuote, Inc. has the lowest comparable P/BV ÷ ROE at 0.03, among 10 of 15 companies whose earnings and growth are steady enough for the ratio to mean anything.
How much history does this Insurance Brokers comparison include?
The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.
How is the 4-Factor Sector Score calculated?
The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.
Which Insurance Brokers company is the biggest?
SelectQuote, Inc. is the largest, with trailing-twelve-month income of $1,642 million, ahead of Crawford & Company at $1,308 million. That covers 6 of 15 companies with comparable reporting through Mar 2026.
Which Insurance Brokers company makes the most profit?
CorVel Corporation earns the most, at $530 million of trailing-twelve-month net profit, from 6 of 15 comparable companies. SelectQuote, Inc. has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.
Which Insurance Brokers company earns the highest return on capital?
Neptune Insurance Holdings Inc. leads on return on assets at 35.4%, across 15 of 15 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.
Which Insurance Brokers stock is the cheapest?
On price-to-book divided by return on equity — where a LOWER number is cheaper — SelectQuote, Inc. screens cheapest at 0.03×. Only 10 of 15 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.
Is the Insurance Brokers sector beating the market?
Insurance Brokers has underperformed S&P 500 by 27.6% over the last 52 weeks and 14.2% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 4 of 13 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.
Which Insurance Brokers stock has the strongest price momentum?
The Baldwin Insurance Group, Inc. has the strongest relative strength against S&P 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.
Which Insurance Brokers company scores highest for research priority?
TWFG, Inc. scores 61.8 out of 100 with 70% evidence confidence, from 25.6 points on growth and earnings, 15.4 on capital efficiency, 5.8 on valuation and 15 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.
How many Insurance Brokers companies does this comparison cover, and over what period?
It compares 15 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.
What is the total market cap of the Insurance Brokers sector?
The 15 Insurance Brokers companies on this page carry $319,198 million of combined market value. Marsh & McLennan Companies, Inc. is the largest at $91,362 million, about 29% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-04.
What is the Insurance Brokers sector's P/B ratio?
The median price-to-book ratio across the 15 Insurance Brokers companies on this page is 3.2×, measured on the 13 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-08-04.
How is the Insurance Brokers sector performing?
4 of the 13 covered Insurance Brokers companies are beating S&P 500 on Mansfield relative strength. The sector itself is 27.6% behind S&P 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-04.
How many Insurance Brokers stocks are listed in the US?
This comparison covers 15 listed Insurance Brokers companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Jun 2026. Membership is the full industry list — nothing is dropped for having thin data.
Why are some values on this page blank?
A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.
Is this investment advice?
No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.