Millennial Specialty Insurance, LLC (“MSI”), one of the largest
non-carrier-affiliated managing general agencies (MGAs) in the
United States and an indirect subsidiary of The Baldwin Insurance
Group, Inc. (formerly BRP Group, Inc.) (“Baldwin”) (NASDAQ: BWIN),
announced today a significant milestone of achieving $1 billion
in-force written premium in the second quarter of 2024.
“This milestone is a reflection of our relentless pursuit of
excellence and our commitment to offering tailored insurance
solutions that meet the evolving needs of our distribution partners
and more than 1.5 million policy holders nationwide,” said Jim
Roche, a founder of MSI; President, The Baldwin Group; and CEO,
Underwriting, Capacity, and Technology Operations. “This
accomplishment demonstrates the value we offer and the dedication
of our colleagues who are committed to delivering outstanding
service and innovative insurance solutions.”
Founded in 2015, MSI has grown to offer an expanding suite of
more than 20 insurance products and solutions across personal,
commercial, and professional lines. It collaborates with insurance
company partners to design and distribute insurance products
through agents, brokers, and technology partners. MSI joined
Baldwin in 2019 and is part of the company’s Underwriting,
Capacity, and Technology Solutions operating group.
“As we continue to grow and innovate our diverse product suite,
we remain focused on building strong relationships with our
capacity partners, providing disciplined underwriting focus to
manage risk effectively,” said Amy Carlisle, President of MGA
Solutions, MSI. “Our scalable, tech-enabled MGA platform is
designed to deliver capabilities with the highest standards of
operational excellence, exposure management, and service across our
offerings today and those we are building for the future.”
ABOUT MILLENNIAL SPECIALTY INSURANCE, LLC
Millennial Specialty Insurance, LLC is one of the largest
non-carrier-affiliated managing general agencies (MGAs) in the
United States. Combining expert underwriting with industry-leading
technology, MSI creates a superior insurance experience for
carriers, distribution partners, and customers. MSI collaborates
with insurance carriers to design and distribute products through
agents, brokers, and technology partners. Founded in 2015, MSI has
grown to offer a wide range of insurance products across
commercial, specialty, and personal lines. In 2019, MSI joined The
Baldwin Group. For more information, please visit
www.msimga.com.
ABOUT THE BALDWIN GROUP
The Baldwin Group, the go-to-market brand name for The Baldwin
Insurance Group, Inc. (NASDAQ: BWIN) and its affiliates, is an
independent insurance distribution firm providing indispensable
expertise and insights that strive to give our clients the
confidence to pursue their purpose, passion, and dreams. As a team
of dedicated entrepreneurs and insurance professionals, we have
come together to help protect the possible for our clients. We do
this by delivering bespoke client solutions, services, and
innovation through our comprehensive and tailored approach to risk
management, insurance, and employee benefits. We support our
clients, colleagues, insurance company partners, and communities
through the deployment of vanguard resources and capital to drive
our organic and inorganic growth. The Baldwin Group proudly
represents more than two million clients across the United States
and internationally. For more information, please visit
www.baldwin.com.
NOTE REGARDING FORWARD-LOOKING STATEMENTS
This press release may contain various “forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act of 1995, which represent Baldwin’s expectations or
beliefs concerning future events. Forward-looking statements are
statements other than historical facts and may include statements
that address Baldwin’s future operating, financial or business
performance or Baldwin’s strategies or expectations. In some cases,
you can identify these statements by forward-looking words such as
“may,” “might,” “will,” “should,” “expects,” “plans,”
“anticipates,” “believes,” “estimates,” “predicts,” “projects,”
“potential,” “outlook” or “continue,” or the negative of these
terms or other comparable terminology. Forward-looking statements
are based on management’s current expectations and beliefs and
involve significant risks and uncertainties that could cause actual
results, developments and business decisions to differ materially
from those contemplated by these statements.
Factors that could cause actual results or performance to differ
from the expectations expressed or implied in such forward-looking
statements include, but are not limited to, those described under
the caption “Risk Factors” in Baldwin’s Annual Report on Form 10-K
for the year ended December 31, 2023 and in Baldwin’s other filings
with the U.S. Securities and Exchange Commission (the “SEC”), which
are available free of charge on the SEC's website at: www.sec.gov, including those risks and other
factors relevant to Baldwin’s business, financial condition and
results of operations. Should one or more of these risks or
uncertainties materialize, or should underlying assumptions prove
incorrect, actual results may vary materially from those indicated.
All forward-looking statements and all subsequent written and oral
forward-looking statements attributable to Baldwin or to persons
acting on Baldwin’s behalf are expressly qualified in their
entirety by reference to these risks and uncertainties. You should
not place undue reliance on forward-looking statements.
Forward-looking statements speak only as of the date they are made,
and Baldwin does not undertake any obligation to update them in
light of new information, future developments or otherwise, except
as may be required under applicable law.
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version on businesswire.com: https://www.businesswire.com/news/home/20240807694087/en/
MEDIA RELATIONS Anna Rozenich, Senior Director,
Enterprise Communications, The Baldwin Group 630.561.5907 |
anna.rozenich@baldwin.com
INVESTOR RELATIONS Bonnie Bishop, Executive Director,
Investor Relations, The Baldwin Group 813.259.8032 |
IR@baldwin.com
MSI MEDIA RELATIONS Mira Choi, Communications Manager,
Millennial Specialty Insurance, LLC 951.283.7801 |
mira.choi@msimga.com
Baldwin Insurance (NASDAQ:BWIN)
過去 株価チャート
から 7 2024 まで 8 2024
Baldwin Insurance (NASDAQ:BWIN)
過去 株価チャート
から 8 2023 まで 8 2024
