Welcome to our dedicated page for Baldwin Insurance Group news (Ticker: BWIN), a resource for investors and traders seeking the latest updates and insights on Baldwin Insurance Group stock.
The Baldwin Insurance Group, Inc. (BWIN) is a prominent insurance distribution firm based in the United States. With a diverse range of products, the company caters to different insurance needs, offering Business Insurance, Benefits Consulting, Reinsurance, Specialty MGA, Embedded Insurance, and Personal Insurance. The firm is dedicated to providing comprehensive insurance solutions, ensuring clients have the necessary coverage for their specific requirements.
The Baldwin Insurance Group has built a robust portfolio by consistently delivering high-quality services to its clients. Recent achievements include strategic partnerships that expand their market reach and enhance their service offerings, as well as innovative projects aimed at integrating technology to streamline insurance processes and improve customer experience.
Financially, The Baldwin Insurance Group remains strong and stable, reflecting prudent management and a steady growth trajectory. The company's collaborations with industry leaders have further solidified its position in the competitive insurance market.
Current projects focus on advancing digital insurance platforms, which allow for easier access and management of insurance products. These initiatives demonstrate the company’s commitment to innovation and customer-centric solutions.
The Baldwin Insurance Group's significant role in the insurance industry emphasizes its importance to shareholders and stakeholders. With a clear vision for the future and ongoing development in its service provision, BWIN continues to be a key player in insurance distribution.
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.
Millennial Specialty Insurance, a leading independent managing general agency (MGA) in the United States, has unveiled its new brand as MSI. This rebranding reflects the company's evolution and commitment to delivering specialized insurance solutions. Founded in 2015, MSI has grown significantly through organic growth and strategic acquisitions, becoming a top three independent MGA with over $1 billion in in-force written premium and supporting more than 1.5 million customers.
The new brand includes the promise of 'Building Insurance Better' and will be implemented across the company's updated website and LinkedIn page. MSI started as a digital renters insurance provider and has since expanded to offer more than 20 products and solutions across personal, commercial, and professional lines. Amy Carlisle, President of MGA Solutions at MSI, emphasized the company's commitment to enhancing and creating solutions for the most important risks facing individuals and businesses.
Würk, the leading human capital management (HCM) company in the cannabis industry, has announced a groundbreaking insurance collaboration with The Baldwin Group (formerly AHT Insurance). This partnership aims to revolutionize how legal cannabis companies approach health benefits evaluation. The collaboration introduces Employee Benefit Captives, Predictive Risk Scoring, and other innovative solutions to the cannabis industry.
By combining Würk's expertise in HCM with The Baldwin Group's insurance and risk management knowledge, the partnership seeks to provide cannabis companies with more control over their health insurance benefits. This initiative expands Würk's suite of HR solutions and marks a significant development in addressing the unique needs of the cannabis industry workforce.
The Baldwin Group (NASDAQ: BWIN) announced its participation in the KBW Insurance Conference on September 5, 2024. CEO Trevor Baldwin and CFO Brad Hale will present at 12:50 pm Eastern Time. The presentation will be livestreamed on the company's investor relations website, with a replay available afterward.
This event provides an opportunity for investors to gain insights into Baldwin's strategies and performance. The company, formerly known as BRP Group, Inc., operates under the brand name The Baldwin Insurance Group, Inc. Their participation in this conference demonstrates their commitment to engaging with the financial community and maintaining transparency with stakeholders.
Millennial Specialty Insurance (MSI), a major managing general agency (MGA) in the U.S. and a subsidiary of The Baldwin Insurance Group (NASDAQ: BWIN), has achieved a landmark of $1 billion in-force written premium in Q2 2024.
Founded in 2015, MSI offers over 20 insurance products across personal, commercial, and professional lines. It partners with insurance companies to design and distribute these products through agents, brokers, and technology partners. MSI joined Baldwin in 2019 and is part of its Underwriting, Capacity, and Technology Solutions operating group.
Jim Roche, President of Baldwin and CEO of MSI's operations, highlighted the company's commitment to delivering tailored solutions and exceptional service. Amy Carlisle, President of MGA Solutions at MSI, emphasized the scalable, tech-enabled MGA platform aimed at operational excellence and effective risk management.
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