BRP Group, Inc. Welcomes Naimish Patel as President of Newly Established “Homeowners Insurance Group” Within BRP Group’...
June 21 2021 - 8:00AM
BRP Group, Inc. (“BRP Group”) (NASDAQ: BRP), an independent
insurance distribution firm delivering tailored insurance
solutions, is pleased to welcome Naimish Patel as President of a
newly established “Homeowners Insurance Group” within Millennial
Specialty Insurance (“MSI” – BRP Group’s “MGA of the Future”
platform), which became effective June 7, 2021.
In his role reporting to Jim Roche, Founder and Managing Partner
of MSI, Naimish will build and lead a new team dedicated to scaling
a suite of tech-enabled, homeowners-focused MGA solutions for
insureds across the United States.
“Naimish brings invaluable experience to our MGA of the Future
platform as we look to leverage our proprietary technology to build
homeowners MGA solutions for our internal agents and external
sources of sheltered distribution across the U.S., with a goal to
facilitate seamless, embedded experiences much like we do in our
renters HO4 product today,” said Trevor Baldwin, BRP Group’s Chief
Executive Officer. “We believe Naimish’s strong industry
relationships, experience building and managing national homeowners
programs for some of the largest, most respected carriers in the
country, and track record of applying modern technology and data
& analytics will help facilitate that mission. We are thrilled
to welcome him to the team!”
For over 20 years, Naimish has held leadership roles at some of
the most established insurance companies in the U.S., including
AIG, Plymouth Rock, Farmers, and Liberty Mutual. With a career
spanning management of marketing, product, claims and other
functions, he brings a wealth of hands-on experience to the BRP
leadership team. More recently, Naimish has helped launch and scale
several data & analytics focused insurtech startups, including
Gradient AI where he served as the company’s Chief Product
Officer.
“I am thrilled to be joining BRP Group and the Millennial
Specialty Insurance team,” added Mr. Patel. “As our industry enters
into a period of unprecedented technological change, it’s exciting
to join forces with a team that shares my passion for innovation
and the “grit” to make great things happen.”
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 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, BRP Group’s
Quarterly Report on Form 10-Q for the three months ended March 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 factors
relevant to BRP Group’s business, financial condition and results
of operations of BRP Group and factors related to the potential
effects of the COVID-19 pandemic on our 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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