Reinsurance News
The Baldwin Group
The Baldwin Group’s total revenue grows to $378.8m in Q2’25
6th August 2025
The Baldwin Group, an independent insurance distribution firm, has announced its financial results for the second quarter of 2025, reporting total revenue growth of 11% year-over-year despite a net loss of $5.1 million. The company’s total revenue stood at $378.8 million for Q2 2025, which compares to the $339.8 million reported ... Read the full article
Commercial property rates flatline while liability costs climb: The Baldwin Group
31st July 2025
The Baldwin Group, an insurance brokerage and advisory firm, has released its Q2 2025 Market Pulse Report, providing a clear view into a commercial insurance market that is becoming increasingly divided. According to the report, stability and renewed competition are returning to commercial property insurance, while casualty lines—particularly those influenced by ... Read the full article
The Baldwin Group’s Westwood to acquire Hippo’s homebuilder distribution network
12th June 2025
The Baldwin Group has announced that its indirect subsidiary, Westwood Insurance Agency LLC, has entered into an agreement to acquire the homebuilder distribution network from Hippo Holdings, Inc. and its affiliates, expected to close on or around July 1st, 2025. Westwood will acquire all outstanding equity interests of the entities comprising ... Read the full article
The Baldwin Group total revenue up 9% to $413.4m in Q1’25
7th May 2025
Independent insurance distribution firm, The Baldwin Group, has reported total revenue growth of 9% to $413.4 million for the first quarter of 2025 compared to $380.3 million last year, reflecting organic revenue growth of 10%. Total GAAP net income in Q1’25 hit $24.9 million, with GAAP diluted earnings per share of ... Read the full article
The Baldwin Group signs $110m note purchase agreement for insurance exchange
26th March 2025
The Baldwin Group's reciprocal insurance exchange, Builder Reciprocal Insurance Exchange (BRIE), has entered into a note purchase agreement to raise $110 million of surplus financing through the issuance of surplus debentures (the notes). BRIE, Baldwin's soon-to-launch reciprocal insurance exchange, will reportedly focus on providing capacity for the firm's builder-sourced homeowners book ... Read the full article
Baldwin Group bolsters Insurance Advisory Solutions with two appointments
10th March 2025
The Baldwin Group has strengthened its Insurance/Advisory Solutions (IAS) division with the appointment of Leslie Nylund as National Managing Director for Broking and Insurance Company Partnerships, and Matt Kashdin as National Director of Client Engagement. The two appointments align with the group’s focus to deepen client solutions and firm-wide execution of ... Read the full article
The Baldwin Group reports total revenue growth of 16% to $330m in Q4’24
6th March 2025
Independent insurance distribution firm, The Baldwin Group, has posted fourth quarter 2024 total revenue growth of 16% to $329.9 million, reflecting organic revenue growth of 19%, as the firm's reported full year total revenue growth of 14% and organic revenue growth of 17%. Full year 2024 total revenues amounted to $1.4 ... Read the full article
Juniper Re enters London market, appoints Nick Hawke Head of Office
16th January 2025
Juniper Re, the specialist reinsurance broking arm of The Baldwin Group, has announced its entry into the London market and the appointment of industry veteran Nick Hawke as Head of Office. Leveraging his extensive four decades of reinsurance expertise in the London market, Hawke has been hired to lead Juniper Re's ... Read the full article
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
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