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BRP GROUP, INC. Announces Executive Appointments

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BRP Group, Inc. (NASDAQ: BRP) announced key executive appointments to enhance its Middle Market Operating Group. Kelly Nash becomes President of Middle Market Client Experience, while Ryan Shinkle is appointed President of Middle Market Business Development. Jeff Hughes steps in as Regional President of Baldwin Krystyn Sherman Partners. Nash and Shinkle will focus on improving client services and expanding sales strategies, respectively, as BRP continues its growth in commercial risk management and employee benefits. These changes aim to bolster BRP's national capabilities and enhance client experiences.

Positive
  • Appointment of Kelly Nash enhances Middle Market client services.
  • Ryan Shinkle's role focuses on building sales leadership and best practices.
  • Jeff Hughes' experience is expected to drive business in the southeast U.S.
Negative
  • None.

TAMPA, Fla., Aug. 3, 2022 /PRNewswire/ -- BRP Group, Inc. ("BRP Group") (NASDAQ: BRP) today announced the appointments of Kelly Nash to President, Middle Market Client Experience and Go-to-Market Strategy, and Ryan Shinkle to President, Middle Market Business Development. Jeff Hughes has been appointed Regional President, Baldwin Krystyn Sherman Partners, LLC ("BKS Partners"), succeeding Ms. Nash.

BRP's Middle Market Operating Group provides commercial risk management, employee benefits, and private risk management solutions to clients nationwide. 

In her newly created role, Ms. Nash will be responsible for delivering best-in-class platforms and services for the firm's Middle Market clients.  She will support BRP's regional leaders in building and executing national capabilities for client service, operations, placement, and other client-facing resources.

Ms. Nash joined BRP in 2017 and most recently served as Regional President of BKS Partners. She has been recognized as a Power Broker by Risk and Insurance and an Elite Woman in Insurance by Insurance Business America.  

Mr. Hughes will succeed Ms. Nash in the role of Regional President for BKS Partners. As Regional President, he will take holistic responsibility over the BKS Partners business in the southeast region of the U.S. Most recently, Mr. Hughes served as Managing Director of Employee Benefits, BKS Partners.

As President of Business Development, Mr. Shinkle will be responsible for supporting BRP's U.S. regions in building sales leadership, implementing best practices, and developing the firm's network of advisors across the Middle Market Segment. He will develop and deliver strategies and programs across the organization to build on BRP's track record of exceptional organic growth.

Mr. Shinkle joined BRP in 2020 as part of the firm's Partnership, BRP Group's nomenclature for a strategic acquisition, with Insgroup, Inc. ("Insgroup"). Most recently, he served as Managing Director, Middle Market Business Strategy.

"This is an exciting time for our Middle Market segment as our business continues to rapidly grow and evolve," said Dan Galbraith, Chief Operating Officer, BRP Group. "Both Kelly and Ryan have been instrumental in the expansion of our Middle Market presence and capabilities across the nation. Together, they will make a lasting impact on the way we deliver excellence to our clients and colleagues."

"We're thrilled to announce Jeff's appointment to Regional President of BKS Partners," said Mr. Galbraith. "His experience and expertise will help to drive our business in the southeast region of the U.S. forward. We're excited to see continued growth with him in this leadership role."

ABOUT BRP GROUP, INC.

BRP Group, Inc. (NASDAQ: BRP) is an independent insurance distribution firm delivering tailored insurance and risk management insights and solutions that give our Clients the peace of mind to pursue their purpose, passion and dreams. We are innovating the industry by taking a holistic and tailored approach to risk management, insurance and employee benefits, and support our Clients, Colleagues, Insurance Company Partners and communities through the deployment of vanguard resources and capital to drive our growth. BRP Group represents over 1,200,000 Clients across the United States and internationally. For more information, please visit www.baldwinriskpartners.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 BRP Group's expectations or beliefs concerning future events. Forward-looking statements are statements other than historical facts and may include statements that address future operating, financial or business performance or BRP Group'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 BRP Group's Annual Report on Form 10-K for the year ended December 31, 2021 and in BRP Group's other filings with the SEC, which are available free of charge on the Securities and Exchange Commission's website at: www.sec.gov, including those risks and other factors relevant to the business, financial condition and results of operations of BRP Group and factors related to the potential effects of the COVID-19 pandemic on BRP Group'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 BRP Group or to persons acting on behalf of BRP Group 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 BRP Group 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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SOURCE Baldwin Risk Partners

FAQ

Who has been appointed President of Middle Market Client Experience at BRP Group?

Kelly Nash has been appointed President of Middle Market Client Experience at BRP Group.

What is Ryan Shinkle's new role at BRP Group?

Ryan Shinkle has been appointed President of Middle Market Business Development at BRP Group.

Who succeeds Kelly Nash as Regional President of BKS Partners?

Jeff Hughes succeeds Kelly Nash as Regional President of Baldwin Krystyn Sherman Partners.

What does BRP Group's Middle Market Operating Group focus on?

BRP Group's Middle Market Operating Group focuses on commercial risk management, employee benefits, and private risk management solutions.

What is the significance of the new executive appointments at BRP Group?

The new appointments are aimed at enhancing client services and expanding the company's market presence amid ongoing growth.

The Baldwin Insurance Group, Inc.

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