July 28 (Reuters) - Brown & Brown ( BRO ) posted a rise

in second-quarter profit on Monday as the insurance broker

benefited from higher commissions and fees driven by growing

demand.

Insurance spending has continued to grow, even as businesses

and individuals pull back in other areas, driven by efforts to

guard against climate-related disasters and emerging risks such

as cyber threats.

The sector's resilience stems from its role as a financial

safeguard, making it less sensitive to shifts in discretionary

spending or broader economic slowdowns.

Its commissions and fees jumped 8.2% to $1.25 billion in the

three months ended June 30.

Insurance brokerages such as Brown & Brown ( BRO ) act as

intermediaries between insurers and customers, helping clients

find policies that best match their coverage needs.

Unlike insurance agents who usually represent one insurer,

brokerages work with multiple providers to offer clients a wider

range of coverage options.

In June, the company said it will buy rival Accession Risk

Management in a $9.83 billion cash-and-stock deal.

The deal is expected to add heft to Brown & Brown's ( BRO ) property

and casualty, and employee benefit insurance businesses, while

bolstering its footing in the middle-market segment.

Total revenue increased 9.1% to $1.29 billion in the

reported quarter.

Brown & Brown's ( BRO ) adjusted net income per share came at $1.03

per share in the second quarter. That compares with 93 cents per

share, a year earlier.