Brown & Brown Appoints Joel Sulkes as Head of the Financial Institution Team

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Brown & Brown Appoints Joel Sulkes as Head of the Financial Institution Team

(DAYTONA BEACH, Fla, Jan. 19, 2024) – Brown & Brown today announced that Joel Sulkes has been appointed senior managing director, financial institutions. In this role, Joel will be responsible for the continued development of Brown & Brown’s financial institutions team with an immediate focus on product, analytics and talent development.

Sulkes comes to Brown & Brown from a large competing broker. Prior to that, he spent 15 years with various investment institutions, including 11 years at Goldman Sachs, where he led the insurance function and co-headed part of the operational risk department responsible for understanding, monitoring and managing first-line operational risk across all firm divisions and legal entities. He will be based in New York City and report to Joe Siech, chief executive officer of the Brown & Brown Risk Solutions team.

“Joel’s background and understanding of the business risks facing financial institutions is a tremendous asset for our team as we help organizations optimize their risk financing strategies in a rapidly evolving operational risk environment,” states Siech.

“I’m excited to join the Brown & Brown team,” comments Sulkes. “The culture of doing what is best for customers and collaborating with teammates, customers and the markets to develop and deliver fit-for-purpose service and solutions is refreshing.”

Sulkes holds a juris doctor degree from New York Law School, where he graduated cum laude from the evening division program. He received his Bachelor of Arts in political science from Rutgers University.

About Brown & Brown
Brown & Brown, Inc. (NYSE: BRO) is a leading insurance brokerage firm, delivering risk management solutions to individuals and businesses since 1939. With approximately 16,000 teammates and 500+ locations worldwide, we are committed to providing innovative strategies to help protect what our customers value most. For more information or to find an office near you, please visit bbrown.com.

This press release may contain certain statements relating to future results, which are forward-looking statements, including those associated with the timing of the release of our fourth-quarter results. These statements are not historical facts but instead represent only the current belief of Brown & Brown, Inc., and its subsidiaries (collectively the “Company”) regarding future events, many of which, by their nature, are inherently uncertain and outside of the Company’s control. It is possible that actual events may differ from anticipated events contemplated by these forward-looking statements and that we may release our fourth-quarter results at a later date as a result. Further information concerning the Company and its business, including factors that potentially could materially affect the Company’s release of its financial results, is contained in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements made herein are made only as of the date of this release, and the Company does not undertake any obligation to publicly update or correct any forward-looking statements to reflect events or circumstances that subsequently occur or of which the Company hereafter becomes aware.

Joel Sulkes