Welcome to our dedicated page for The Baldwin Insurance Group news (Ticker: BRP), a resource for investors and traders seeking the latest updates and insights on The Baldwin Insurance Group stock.
The Baldwin Insurance Group, Inc. (BRP) provides strategic insurance solutions through its network of specialized companies. This news hub delivers official updates and market insights for stakeholders tracking BRP's industry leadership in risk management and insurance distribution.
Access timely reports on corporate milestones including earnings announcements, strategic acquisitions, and technology partnerships that shape BRP's growth trajectory. Our curated collection features press releases spanning Medicare program developments, reinsurance innovations, and operational expansions across BRP's portfolio companies.
Monitor critical updates on capital allocation strategies, leadership appointments, and data-driven risk assessment initiatives that underscore BRP's market position. This resource serves investors and industry professionals seeking comprehensive coverage of BRP's insurance distribution ecosystem.
Bookmark this page for continuous access to verified information about BRP's market activities. Check regularly for updates reflecting the company's commitment to advancing insurance solutions through strategic investments and technological integration.
MSI, a leading independent managing general agency (MGA), has launched a new commercial general liability (CGL) insurance solution targeting habitational property owners. The product, backed by an A.M. Best A+ rated insurance company, addresses rising challenges in the market including increasing claims costs and tightening capacity.
The CGL coverage is specifically designed for owners of residential dwellings, including apartments, condominiums, and townhomes. This addition expands MSI's portfolio to over 20 products and solutions, reinforcing their commitment to providing specialized risk management options for individuals and businesses.
The Baldwin Group (NASDAQ: BWIN) has scheduled its first quarter 2025 financial results announcement for Tuesday, May 6, 2025, after market close. The company will host a conference call at 5:00 PM ET on the same day to discuss the results.
Investors can access the conference call via toll-free number (877) 451-6152 or international number (201) 389-0879. Participants are advised to dial in 10 minutes before the scheduled start time. A live webcast will be available on Baldwin's investor relations website at ir.baldwin.com, with a replay accessible for one year following the call.
The Baldwin Group (NASDAQ: BWIN) has announced that its Builder Reciprocal Insurance Exchange (BRIE) has secured a $110 million note purchase agreement for surplus financing through debentures. Gallatin Point Capital will fund $95 million, while Baldwin affiliates will provide the remaining amount.
The transaction is expected to close in Q2 2025, subject to regulatory approvals. BRIE will focus on Baldwin's builder-sourced homeowners book of business, enabling its managing general agency (MSI) to accelerate the transition from its existing carrier partner. MSI has secured an extension of its current Program Administrator Agreement with its existing carrier partner during the transition.
An affiliate of Baldwin will serve as BRIE's attorney-in-fact (AIF). Notably, Baldwin does not expect to consolidate BRIE's or AIF's financial results, and the Notes will not represent additional debt for Baldwin or its affiliates.
Baldwin Insurance Group (NASDAQ: BWIN) reported strong Q4 and full-year 2024 results, demonstrating significant growth across key metrics. Q4 highlights include:
- Total revenue up 16% to $329.9M with 19% organic growth
- Adjusted EBITDA grew 38% to $63.2M with margin expansion of 310bps to 19.1%
- Net loss of $34.8M ($0.31 per share), but adjusted EPS up 93% to $0.27
Full-year 2024 performance showed:
- Revenue increased 14% to $1.4B with 17% organic growth
- Adjusted EBITDA rose 25% to $312.5M, margin expanded 200bps to 22.5%
- Net loss of $41.1M ($0.39 per share), adjusted EPS grew 34% to $1.50
- Adjusted free cash flow up 97% to $134.9M
The company maintains strong liquidity with $148.1M cash and $588.0M available credit facility.
The Baldwin Group (NASDAQ: BWIN) has announced its participation in the upcoming Raymond James Institutional Investor Conference. The Company's CEO Trevor Baldwin and CFO Brad Hale will deliver a presentation on Monday, March 3, 2025, at 11:35 am Eastern Time.
Investors and interested parties can access the live webcast of the presentation through the investor relations section of Baldwin's website at ir.baldwin.com. A replay of the presentation will also be made available on the same platform following the conference.
MSI, one of the largest independent managing general agencies in the US, marks its 10-year anniversary since its founding in 2015. The company has evolved from a digital renters insurance startup to a top-three independent MGA offering over 20 products across personal, commercial, and professional lines.
Key achievements include reaching $1 billion in in-force premium last year and serving over 1.5 million customers. Co-founded by Jim Roche and Brian Schultz, MSI initially focused on creating a better business model for renters insurance through technology-driven solutions.
As MSI enters its second decade, the company plans to continue its growth by focusing on profitable underwriting results, technology investments, product expansion, and talent acquisition. Under the leadership of Amy Carlisle, President of MGA Solutions, MSI remains committed to maintaining disciplined risk management and operational excellence while strengthening partnerships.
The Baldwin Group (NASDAQ: BWIN) has announced it will release its fourth quarter 2024 financial results after market close on Tuesday, February 25, 2025. The company will host a conference call at 5:00 PM ET on the same day to discuss the results.
Investors can access the conference call via toll-free number (877) 451-6152 or international number (201) 389-0879. Participants are advised to dial in 10 minutes before the scheduled start time. A live webcast will be available on Baldwin's investor relations website, with a replay accessible for one year following the call.
The Baldwin Group (NASDAQ: BWIN) announced two significant debt-related developments through its subsidiary Baldwin Holdings: (1) the successful repricing of its $837.9 million senior secured first lien term loan facility maturing in May 2031, and (2) the pricing of a $100 million incremental term B loan.
The combined Term Loan Facility will have an interest rate of term SOFR plus 300 bps margin, with potential reduction to 275 bps if first lien net leverage ratio reaches 4.00x or below. The transaction is expected to close on January 10, 2025. The incremental loan proceeds will be used to settle contingent earnout liabilities and for general corporate purposes.
The Baldwin Group (NASDAQ: BWIN) reported Q3 2024 results with total revenue growing 11% to $338.9 million and organic revenue growth of 14%. Despite posting a GAAP net loss of $14.5 million ($0.13 per share), the company showed strong adjusted metrics with adjusted diluted EPS growing 14% to $0.33. Adjusted EBITDA increased 14% to $72.8 million with a margin of 21.5%, expanding 60 basis points year-over-year. For the nine months of 2024, revenue reached $1.1 billion, up 13%, with organic growth of 16%. The company maintained strong liquidity with $181.8 million in cash and $600.0 million available under its credit facility.
The Baldwin Group (NASDAQ: BWIN), formerly known as BRP Group, Inc., has announced its plans to release third quarter 2024 financial results on Monday, November 4, 2024, after market close. The company will host a conference call at 5:00 PM ET on the same day to discuss the results.
Interested parties can access the call via phone using the dial-in numbers (877) 451-6152 (toll-free) or (201) 389-0879 (international). Participants are advised to dial in 10 minutes before the scheduled start time. Additionally, a live webcast of the conference call will be available on Baldwin's investor relations website at ir.baldwin.com. For those unable to attend live, a webcast replay will be accessible on the same website for one year following the call.
