Reinsurance News

The Baldwin Group

The Baldwin Group total revenue up 11% to $338.9m in Q3’24

5th November 2024

The Baldwin Group has announced that total revenue has grown 11% in the third quarter of 2024, to $338.9 million from the $306.2 million reported in the same period last year. At the same time, the company also posted organic revenue growth of 14% during Q3 2024. However, the organisation also posted ... Read the full article

Written premiums top $1 billion for Millennial Specialty Insurance

22nd August 2024

Millennial Specialty Insurance, LLC, (MSI) an independent managing general agency (MGA) in the US, and a subsidiary of The Baldwin Insurance Group, Inc., an insurance distribution firm, recently announced that it has surpassed $1 billion in in-force written premiums during the second quarter of 2024. "This milestone is a reflection of ... Read the full article

The Baldwin Group’s total revenue climbs 14% to reach $339.8m in Q2’24

7th August 2024

The Baldwin Group has announced that total revenue climbed 14% year-over-year to $339.8 million in the second quarter of 2024, compared to $297.1 million from the second quarter of 2023. At the same time, the company also posted organic revenue growth of 19% during Q2'24. However, the organisation also posted a net ... Read the full article

The Baldwin Group announces three executive hires to lead UCTS segment

23rd July 2024

The Baldwin Group, formerly known as BRP Group, has announced the appointment of three new executives to lead the MGA and non-MGA segments within the company's Underwriting, Capacity, and Technology Solutions (UCTS) Operating Group as it continues to grow. Firstly, Amy Carlisle has been named President of MGA Solutions at Millennial ... Read the full article

The Baldwin Group unveils digital placement platform for cyber

7th June 2024

The Baldwin Group has unveiled Cyber Navigator – its Application Program Interface (API)-connected cyber insurance placement platform. According to the announcement, business insurance buyers will be able to complete a digital application to receive quotes within minutes. As well as this, the platform also provides a competitive cost analysis and comparison of terms ... Read the full article

The Baldwin Group posts 15% total revenue growth in Q1’24

8th May 2024

The Baldwin Group, formerly known as BRP Group, Inc., has posted their results for the first quarter of 2024, which includes total revenues increasing 15% year over year to $380.4 million, compared to $330.4 million from the prior year quarter. At the same time, the firm posted GAAP net income ... Read the full article

BRP becomes The Baldwin Group to demonstrate cohesive structure

1st May 2024

BRP Group has rebranded to the Baldwin Group to reportedly reflect its transformation, growth and integration. The change is effective today, with the firm’s retail brokerage operations, which include the Insurance Advisory Solutions and Mainstreet Insurance Solutions operating segments, also anticipated to transition to The Baldwin Group brand in the coming ... Read the full article