May 7, 2026 Brown & Brown, Inc. 300 North Beach Street Daytona Beach, Florida 32114 |
Re: Brown & Brown, Inc. – Registration Statement on Form S-8
Ladies and Gentlemen:
We have acted as counsel to Brown & Brown, Inc., a Florida corporation (the “Company”), with respect to the preparation and filing with the Securities and Exchange Commission (the “Commission”) of a Registration Statement on Form S-8 (the “Registration Statement”) pursuant to the Securities Act of 1933, as amended (the “Securities Act”), relating to the registration under the Securities Act by the Company of an additional 6,900,000 shares of its common stock, par value $0.10 per share (the “Shares”), issuable under the Company’s 2019 Stock Incentive Plan, as amended and restated (the “Plan”). This opinion is being issued pursuant to the requirements of the Securities Act.
In connection with the opinions expressed herein, we have examined, among other things, original counterparts or copies of original counterparts of the following documents:
(i) The Registration Statement and all exhibits thereto.
(ii) The Amended and Restated Articles of Incorporation of the Company.
(iii) The Amended and Restated By-Laws of the Company.
(iv) The Plan.
(v) The records of corporate proceedings of the Company that have occurred prior to the date hereof with respect to the Registration Statement.
We have also examined originals or copies of such other records of the Company, certificates and web sites of public officials and of officers or other representatives of the Company and agreements and other documents, and made such other investigations, as we have deemed necessary, subject to the assumptions set forth below, as a basis for the opinions expressed below.
In rendering the opinions expressed below, we have assumed: (i) the genuineness of all signatures (whether manual, electronic or otherwise) and, to the extent that a signature on a document is manifested by electronic or similar means, such signature has been executed or adopted by a signatory with an intent to authenticate and sign the document; (ii) the authenticity of the originals of the
