Baldwin Insurance Group Stock (NASDAQ:BRP)
Previous Close
$32.51
52W Range
$17.33 - $35.46
50D Avg
$29.53
200D Avg
$25.31
Market Cap
$2.16B
Avg Vol (3M)
$359.20K
Beta
1.54
Div Yield
-
BRP Company Profile
BRP Group, Inc. markets and sells insurance products and services in the United States. The company operates through four segments: Middle Market, Specialty, MainStreet, and Medicare. The Middle Market segment provides commercial risk management, employee benefits solutions, and private risk management for mid-to-large size businesses and high net worth individuals, as well as its families. The Specialty segment delivers specialty insurers, professionals, individuals, and industry businesses the access to specialty markets, as well as capabilities and programs requiring underwriting and placement. This segment also operates as a managing general agent of the Future platform, which delivers proprietary, technology-enabled insurance solutions. The MainStreet segment offers personal insurance, commercial insurance, and life and health solutions to individuals and businesses in its communities. The Medicare segment provides consultation for government assistance programs and solutions, including Medicare and Medicare Advantage to seniors and Medicare-eligible individuals through a network of primarily independent contractor agents. The company was founded in 2011 and is headquartered in Tampa, Florida.
BRP Performance
Revenue Breakdown
Revenue Breakdown by Product/Service
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Commission Revenue | $967.55M | $786.79M | - |
| Consulting and Service Fee Revenue | $74.64M | $61.24M | $29.05M |
| Profit Sharing Revenue | $93.44M | $66.09M | $37.39M |
| Policy Fee and Installment Fee Revenue | $65.39M | $55.36M | $19.86M |
| Insurance, Other | $10.82M | $11.23M | $8.50M |
| Direct Bill Revenue | - | - | $269.60M |
| Agency Bill Revenue | - | - | $202.89M |
Fiscal year ends in Dec 23 | Currency in USD