BRP Group, Inc. Announces New Exclusive Collaboration With Nasdaq to Offer D&O Insurance Solutions
June 17 2021 - 8:00AM
BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP), a
rapidly growing independent insurance distribution firm delivering
tailored insurance solutions, today announced an exclusive
collaboration with Nasdaq, to offer tailored D&O Liability
Insurance programs and solutions for companies listed on Nasdaq
through its subsidiary, AHT Insurance.
AHT Insurance provides property and casualty, employee benefits,
retirement, personal and international services for clients. They
have specialized expertise and experience in providing D&O
insurance services. AHT has created innovative and exclusive
programs for Nasdaq listed companies, IPOs, and SPACs that
incorporate both corporate governance initiatives and unique
captive insurance risk transfer solutions.
“We’re thrilled about our new collaboration with Nasdaq,” says
Trevor Baldwin, BRP Group’s Chief Executive Officer. “BRP Group and
AHT have deep expertise and experience in providing solutions that
can meet the needs of the high-growth companies on The Nasdaq Stock
Market.”
Mike Tomasulo, AHT’s National Management Liability practice
leader added, “D&O Insurance has become a major budget item for
public companies, especially IPOs & SPACs. We understand
that companies are looking for new and creative solutions to help
them manage these increasing costs while also securing best in
class coverage.”
ABOUT AHT INSURANCE
AHT is an insurance brokerage and consulting firm offering
property and casualty, employee benefits, retirement, personal and
international services for clients throughout the United States. We
support numerous industries and boast national recognition for
practices in areas, such as technology, manufacturing, government
contracting and nonprofits. Learn more at www.ahtinsurance.com.
ABOUT BRP GROUP
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 represents over 600,000 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, 2020 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.
Media Contact:Rachel DeAngelo |
813.387.6842rdeangelo@baldwinriskpartners.com
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