earnings joining quarter thank everyone. Good for us our call. morning, XXXX Lisa. you, for And Thank first you
our of and would results directly COVID-XX. our indirectly those like affected prayers we are Before to at Brown first all about & quarter we by or people with Brown thoughts say talk
to for customers lines We also home like successfully all these and they're and doing transitioning XX,XXX to for challenging the those times thank from those everything our a finally front of I'd all plus want teammates thank of everything work doing on they're for during our people to for environment.
and thoughts give quarters. we'll our Today you results the next few in QX our discuss
you Here for points are a couple keep key in to mind.
a quarter. had we very First, good
have a access strong of conversion traded dollars cash highest liquidity. publicly approximately have to peers In balance sheet, a billion and among addition, we the our
philosophy Our business to run providing on our how operating on has a to and conservative indicative that's are the of focused capital-light continue our We're be term will business. and unique we every long day. customers solutions focused
of growing in was seeing January Northwest. and quarter started The A February were March. then We Cities. the and on first impact Two Tale on nicely torque our hit early of customers Pacific we the
As emphasis we've believe upper around with country for seeing are the an middle said We on economy mid-March. the in our we before, the market. the began proxy a impact on middle and customers we
of many assess customers the support difficult our One will of what today systems. efforts things through government from is Government mitigation the U.S. to for due
from home During helped these in a very their to of XX,XXX time. a of us period environment we're and the short teammates investments in security transition plus our work of on previous our safety times, Many technology and unusual families. teammates have very focused
your well advantage customers Act, Relief or combined how loans, B&B restaurant how received SBA a on have everything meals certain Our continue solutions for from on our furloughs to get supplies. take and can These been supplies. layoffs audience. on updates for discounts from the insights you and search others the prospects Center with have alike of to use customers been our to deliver CARES vehicle by to and certain We and customers intended opened to actions weekly personal
dedication determination, have our what our customers. for I'm by commitment teammates humbled of the addition, In and they
for to the transition the quarter. let's results Now
I'm Slide X. on
and X.X% into very performance more few total $XXX.X delivered we about each organic pleased growth For I'll this at quarter, strong with the a first organically. our minutes XX.X% in revenue of get of We're detail in million the growing and revenue segments.
the of quarter Our EBITDA basis ‘XX. which was up margin $XX.X, XXX points first is versus
income quarter XX.X% the XX% amount increasing first adjusted for is per $X.XX change XXXX same period in excluding per On adjusted to income compared the year. share the net for per net prior net QX. $X.XX share delivered Our the basis share the in we payables income an acquisition as growing of over
$XX approximately the another businesses During revenues acquired quarter annual we five million. of
presentation we our quarter. the In was and grew summary, line in XXXX. line bottom will Later really how a strong It the top results quarter discuss financial delivering a we're very this detail. Andy great in pleased after more
X. Slide on Now
quarter and changed most The the economy ultimately expansion grow in one. employees hire early we to exposure March their interesting an U.S. companies units. everything due Until businesses, continue driving first in invest the March middle was to of many and Then of putting them continued the saw of is on for We've lower stay exposure we're that and driving terminating and organic either units. of at shelter-in-place drivers companies home the first primary growth or furlough or the now mandate our beyond. said employees in GDP past seeing quarter one to
over do quarters. that More we later impact the So on the get when coming an outlook. we expect
up ENS auto coastal quarters. to X% to unknown. XX% expected to XX% an in to increased rates General of lines X% the in X% increased From of property rate From carriers admitted rate liability increases The future we for perspective XX% the low year. a and now versus given to for last to line to the and standards. a prior property rates X% as account. Premium the increased excluding The in were on rate of market for driven is is X% substantially which XX%. to loss XX%. was about pandemic Ultimately, X% the cyber with up we're tightens Professional the impact was XX%. and the generally were continue experience had a few loss what accounts on to first similar we coverage see rates rate primarily perspective quarter by amount underwriting increases modest continue most increase
landscape, the competitive. it very Regarding M&A remained
During five the with transactions closed first we estimated million, quarter an annual another $XX revenue.
are since handle will companies on receive. evaluation their slowdown to impact trying they but talk affect pandemic sellers a therefore as We with a businesses the how and get of lots to continue
on I'm X. Slide
Now, four of let's our talk the segments. about performance
strong organic delivered segment X.X% revenue QX. another Retail quarter in growing with Our
Our Andy in points in economic resulting organic with revenue the $XX.X future not growth more for revenues change have related Retail would detail describe if approximately for million later. to associated from this higher disruption COVID-XX. will XXX been basis a estimate
of for the delivering Retail quarter Our rate new quarter. another We congratulate teammates segment business growth first customers, improvement. and like to our was great in driven for for improved the expansion unit all retention, existing exposure by would
grew ever this Programs quarter. the The XX.X% when of organic one highest flood National we've revenue organically of impact growth claims. was exclude you the delivered delivering great another quarter
Our division. to for to really We're quarters our we growth many all Overall this including years. was opportunities well commercial lender wanted January, that and by personal to our in our completed acquisition driven thank insurance teammates special of our as managers. you over great present with say early a I pleased programs, our it's performance and risk acquisition programs, Canada of our us first earthquake, we continuing and in property national In quarter other our the believe strong a number place, from coming the of as programs. and will
Thank good strong from year. businesses. quarter due solid our Binding team and is pull organic from segment with wildfires growing you performance revenue back all of driven Brokerage we Wholesale quarter. losses X.X% delivered both Our another last even California Brokerage experienced This from lines delivering carriers another while our writing some by Authority personal for to
The processing the one organic Services year X% half Advocacy revenue Services Security decreased being and Social segment for revenue We XX.X% businesses. in the the segment terminated organic our decline driven by by of of business contract it originally for the customer our quarter. in expected first to claims our for
growth the segment was however, Services During lower to claims. our advocacy revenue due social further impacted weather-related organic and security quarter of
can As timing volume based seen revenues the on its activity. claims past Services in more we've volatility segment have the in and of our
detail. financial performance in more me let over Andy turn discuss to Now it our
