The Baldwin Insurance Group, Inc.

The Baldwin Insurance Group, Inc. is an independent insurance distribution firm that provides insurance and risk management solutions across the United States. Its operations are divided into three segments: Insurance Advisory Solutions, which offers private risk management, commercial risk management, employee benefits, and Medicare insurance for businesses and high-net-worth individuals; Underwriting, Capacity & Technology Solutions, which operates a managing general agent (MGA) platform that manufactures technology-enabled insurance products covering personal, commercial, and professional lines; and Mainstreet Insurance Solutions, which delivers personal insurance, commercial insurance, and life and health solutions to individuals and businesses in local communities. The company also provides reinsurance brokerage and consultation for government assistance programs like Medicare Advantage and the Affordable Care Act.

The Baldwin Insurance Group, Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol BWIN. Its shares are traded in US dollars (USD), reflecting its primary listing in the United States. The company was formerly known as BRP Group, Inc. before rebranding to The Baldwin Insurance Group in May 2024, and its current ticker symbol BWIN was adopted as part of that rebranding.

The Baldwin Insurance Group operates in the Financial Services sector, specifically within the Insurance Brokers industry. As an insurance broker, the company acts as an intermediary between clients and insurance carriers, helping businesses and individuals find appropriate coverage. Unlike insurance carriers that underwrite policies, Baldwin focuses on distribution, advisory, and risk management services. Its industry classification reflects its role in connecting clients with insurance products from various providers, rather than assuming the risk itself.

The Baldwin Insurance Group is headquartered in Tampa, Florida, United States. It was founded in 2011 and serves clients across the United States. The company's operations are national in scope, with a focus on providing insurance and risk management solutions to businesses, high-net-worth individuals, and local communities. Through its three segments, it reaches a broad range of customers, including commercial enterprises, affluent families, and individuals seeking personal insurance, life and health coverage, or government program assistance such as Medicare and Affordable Care Act plans.

The Baldwin Insurance Group generates revenue primarily through commissions and fees earned from placing insurance policies with carriers, as well as from its underwriting and technology solutions. Its Insurance Advisory Solutions segment earns commissions from private risk management, commercial insurance, employee benefits, and Medicare policies. The Underwriting, Capacity & Technology Solutions segment generates revenue through its MGA platform, which manufactures and distributes technology-enabled insurance products, earning underwriting fees and profit-sharing arrangements. The Mainstreet Insurance Solutions segment earns commissions from personal and commercial lines, as well as life and health insurance. Additionally, the company provides reinsurance brokerage and consultation services for government programs, which also contribute to its revenue.