BRP Group Inc. Announces Official Launch of Atténuer Risk
BRP Group has officially launched Atténuer Risk, a new risk and resiliency consulting firm focused on families of exceptional wealth, family offices, and advisory firms. This independent entity will offer services including outsourced risk management, broker review, and resiliency planning. Led by Kate Norris, who has over 25 years of industry experience, Atténuer Risk aims to address the unique risk challenges faced by wealthy families. This move expands BRP Group's service offerings without directly selling insurance or managing assets.
- Launch of Atténuer Risk provides tailored consulting services to wealthy families and family offices.
- Expansion of BRP's service offerings enhances its market position.
- Led by experienced industry professional, Kate Norris, ensuring credibility.
- None.
TAMPA, Fla., Nov. 4, 2021 /PRNewswire/ -- BRP Group, Inc. ("BRP Group" or the "Company") (NASDAQ: BRP), a rapidly growing independent insurance distribution firm delivering tailored insurance solutions, announced today the official launch of "Atténuer Risk, LLC ("Atténuer Risk")", a risk and resiliency consulting firm.
Atténuer Risk is a consulting firm serving families of exceptional wealth, single family offices, multi-family offices, and advisory firms.
Atténuer Risk will serve as a consulting firm providing outsourced risk management, property and casualty integration, broker review and selection, enterprise and venture risk assessment, resiliency planning, family office benchmarking, and family member and staff education.
Atténuer Risk does not sell insurance or manage assets and operates independently from other BRP Partner Firms.
"Family offices are looking for alternative risk solutions that are aligned with their lifestyle and exposure profiles," says Lowry Baldwin, BRP Chairman of the Board. "Atténuer Risk is designed to do just that – fill the gap in the marketplace for objective risk management and insurance consultancy and serve as an advisory firm for those looking for guidance and advice."
It is led by Kate Norris, who joins the firm from Chubb where she served as Vice President and Family Office Practice Leader. She has 25+ years experience in the wealth and family office industry.
"I've spent my career serving family offices, multi-family office, and wealth advisory firms, and have witnessed firsthand the challenges families of exceptional wealth face when they do not have an advocate or risk and resiliency expert on their side of the table," says Kate Norris, Atténuer Risk Managing Principal. "Atténuer Risk provides the consultative approach and experience that these individuals need, and we do it by looking at individual and family's complete risk profile."
About Atténuer Risk
Atténuer Risk is a risk and resiliency consulting firm serving families of exceptional wealth, single family offices, multi-family offices and advisory firms. We combine innovative thinking with unrivalled family office risk and resiliency experience to deliver indispensable, objective, client-aligned solutions to ensure our clients, their passions, and their legacies are safeguarded. Learn more at www.Attenuerrisk.com.
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 700,000 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, including those about this Partnership. 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, 2020, and 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 BRP Group's completion and integration of this Partnership, matters assessed in BRP Group's due diligence, the occurrence of any event, change or other circumstances that could give rise to the termination of the definitive agreements, the risk that necessary regulatory approvals may not be obtained or may be obtained subject to conditions that are not anticipated, the risk that this Partnership will not be consummated in a timely manner, risks related to the disruption of management time from ongoing business operations due to this Partnership, the business, financial condition and results of operations of BRP Group or this Partner, or both, 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
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