Westwood Insurance Agency LLC (“Westwood”), an indirect
subsidiary of The Baldwin Insurance Group, Inc. (“Baldwin”)
(NASDAQ: BRP), a leading full-service agency specializing in
personal lines insurance for the homebuilding industry, announced
today a new strategic collaboration with Landsea Homes, a
publicly-traded residential homebuilder.
This relationship will enable Landsea Homes to offer home
insurance to their customers through Landsea Insurance Agency by
using Westwood’s technology platform. This new offering enhances
the insurance buying experience by using an embedded model that
allows Landsea Homes’ customers to efficiently secure home
insurance early in the home-buying journey. With recognized
expertise in procuring insurance for new construction homes,
Westwood works with more than half of the top 40 homebuilders in
the United States and can offer insurance to more than 99 percent
of the communities built by these homebuilders.
"We are thrilled to collaborate with Landsea Homes, a company
that shares our commitment to providing an excellent customer
experience at every step of the home-buying process," said Alan
Umaly, President of Westwood. "This collaboration aligns with our
mission to provide competitive home insurance solutions to our
clients, even in a hard market, and to help our builder partners
and their buyers close on time.”
As the preeminent insurance agency for the homebuilding
industry, Westwood offers a fast and easy home insurance
experience. Once homebuyers sign a contract to buy a new home, they
can receive a personalized quote within 24 hours and can secure a
home policy online within minutes.
“With the latest launch of Landsea Insurance Agency, our hope is
to help make the process of finding competitive insurance rates as
seamless as possible, whether you’re buying your first home or your
fifth,” said Mike Forsum, President and Chief Operating Officer of
Landsea Homes.
About Westwood Insurance Agency
Established in 1952, Westwood Insurance Agency LLC is a leading,
full-service personal lines agency specializing in builder-sourced
homeowners insurance. Licensed in all 50 states, Westwood has
served more than one million homeowners through relationships with
leading U.S. homebuilders and top insurance companies. Westwood’s
unique platform facilitates seamless home closings by connecting
builders, carriers, lenders and homebuyers with click-to-bind
technology. For more information, please visit
www.westwoodinsurance.com.
About Landsea Homes Corporation
Landsea Homes Corporation (Nasdaq: LSEA) is a publicly-traded
residential homebuilder based in Dallas, Texas that designs and
builds best-in-class homes and sustainable master-planned
communities in some of the nation’s most desirable markets. Landsea
Homes was honored as the Green Home Builder 2023 Builder of the
Year, after being named the 2022 winner of the prestigious Builder
of the Year award, presented by BUILDER magazine, in recognition of
a historical year of transformation.
For more information on Landsea Homes, visit:
www.landseahomes.com.
ABOUT THE BALDWIN GROUP
The Baldwin Group, the go-to-market brand name for The Baldwin
Insurance Group, Inc. (NASDAQ: BRP) and its affiliates, is an
independent insurance distribution firm providing indispensable
expertise and insights that strive to give our clients the
confidence to pursue their purpose, passion, and dreams. As a team
of dedicated entrepreneurs and insurance professionals, we have
come together to help protect the possible for our clients. We do
this by delivering bespoke client solutions, services, and
innovation through our comprehensive and tailored approach to risk
management, insurance, and employee benefits. We support our
clients, colleagues, insurance company partners, and communities
through the deployment of vanguard resources and capital to drive
our organic and inorganic growth. The Baldwin Group proudly
represents more than two million clients across the United States
and internationally. For more information, please visit
www.baldwin.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 Baldwin’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
Baldwin’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 Baldwin’s Annual Report on Form 10-K
for the year ended December 31, 2023 and in Baldwin’s other filings
with the SEC, which are available free of charge on the SEC's
website at: www.sec.gov, including those risks and other factors
relevant to the business, financial condition and results of
operations of Baldwin. 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 Baldwin or to persons
acting on behalf of Baldwin 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 Baldwin 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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version on businesswire.com: https://www.businesswire.com/news/home/20240502940154/en/
MEDIA RELATIONS Anna Rozenich, Senior Director,
Enterprise Communications, The Baldwin Group 630.561.5907 |
Anna.rozenich@baldwin.com INVESTOR RELATIONS Bonnie Bishop,
Executive Director, Investor Relations, The Baldwin Group
813.259.8032 | IR@baldwin.com MEDIA RELATIONS Westwood
Insurance Agency Mira Choi, Communications Manager, Westwood
Insurance Agency 951.283.7801 mira.choi@msimga.com Landsea
Homes Michelle Byrge Vice President of Corporate Sales &
Marketing, Landsea Homes 801.643.3902 mbyrge@landseahomes.com
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