agency consolidation News

Going Public: BRP CEO Baldwin On the Company’s IPO, What’s Next

Florida-based broker Baldwin Risk Partners (BRP) has come a long way since it was formed less than 10 years ago. The company has grown exponentially both through acquisitions and expansion and it is now beginning a new chapter of its …

Insurance Agency BRP Group’s IPO Starts Today at $14 a Share

Independent insurance distribution firm BRP Group Inc. could raise as much as $300 million in its initial public offering (IPO) of 16.4 million shares of its Class A common stock priced to the public at $14 per share. The stock …

Consultant Sees Larger, Fewer P/C Insurance Agencies Going Forward

There will be fewer insurance agencies operating in the property/casualty insurance industry in the future and those that remain will be larger and more tech-savvy, says an insurance-focused executive at the consulting firm, Ernst & Young (EY). Ed Majkowski, EY’s …