Expanded Roles for Chief Operating Officer
Dan Galbraith and Chief Insurance Innovation Officer Jim
Roche
BRP Group, Inc. (“BRP Group”) (NASDAQ: BRP), an independent
insurance distribution firm delivering tailored insurance solutions
to a wide range of personal and commercial Clients, today announced
executive appointments for the next phase of the firm’s growth.
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the full release here:
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Dan Galbraith, President, BRP and CEO,
Retail Brokerage Operations (Photo: Business Wire)
BRP Group’s Chief Operating Officer, Dan Galbraith, and Chief
Insurance Innovation Officer, Jim Roche, have been promoted to
Co-Presidents of BRP Group with shared firmwide responsibility for
BRP’s continued performance and operations. In addition to their
Enterprise roles, Mr. Galbraith and Mr. Roche will also serve as
Chief Executive Officers of their respective areas of our business
operations.
Mr. Galbraith will serve as President, BRP and CEO, Retail
Brokerage Operations, which includes the Insurance Advisory
Solutions (IAS) segment and the Medicare and Mainstreet personal
insurance businesses in the Mainstreet Insurance Solutions (MIS)
segment.
Mr. Roche will serve as President, BRP and CEO, Underwriting,
Capacity, and Technology Operations, encompassing the businesses in
the Underwriting, Capacity and Technology Solutions (UCTS) segment
and the Westwood operations of the Mainstreet Insurance Solutions
(MIS) segment.
The promotions take effect immediately with Mr. Galbraith and
Mr. Roche continuing to report directly to BRP Group, Inc.’s Chief
Executive Officer Trevor Baldwin.
“As we move forward with our strategic roadmap, we are deepening
our focus on execution and strengthening our team dynamic to foster
sustained high performance in this next phase of BRP’s growth,”
said Trevor Baldwin.
“Dan and Jim have delivered exceptional results and made
significant contributions to BRP’s growth and evolution since
joining the firm. These newly created roles were architected to
broaden their scope of responsibilities and enable them to maintain
a sharper focus on day-to-day P&L responsibility, operational
excellence, and acceleration of best practice sharing across the
organization. I am pleased to work alongside Dan and Jim to further
support their work with our Clients and Colleagues to drive the
next stage of BRP’s expansion,” emphasized Mr. Baldwin.
As Chief Operating Officer, Mr. Galbraith led BRP’s significant
expansion in retail broking since joining the firm prior to its
2019 initial public offering. He oversaw the integration of 41
partner firms, built a national platform, and established and
implemented BRP’s specialization strategy across the Commercial
Risk Management, Employee Benefits and Private Risk Management
lines of business. In addition, Mr. Galbraith also led the effort
to design and build a sustainable shared services infrastructure to
support BRP’s operating businesses for increased executional
effectiveness and economies of scale.
Mr. Galbraith joined BRP Group in 2019. Prior to that, he was
Senior Vice President of Sales for Stericycle’s North America
Compliance Services Business.
Before that, he was with Cintas Corporation in a variety of
operations and sales leadership roles across their business
lines.
Since joining BRP in 2019, Mr. Roche, who most recently served
as the firm’s Chief Insurance Innovation Officer, has overseen
exponential growth in the firm’s MGA of the Future and embedded
digital insurance operations including Millennial Specialty
Insurance (MSI) and Westwood. Under his leadership, the platform
has expanded significantly with offerings serving both commercial
and personal insurance segments. In addition, he recently led BRP’s
expansion into reinsurance broking with the introduction of Juniper
Re.
Prior to co-founding MSI and serving as its Managing Partner,
Mr. Roche was Vice President of Strategy, Initiatives and Analytics
at QBE Insurance.
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 Group represents over two million 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, 2022 and in BRP Group’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 BRP Group. 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20240119760995/en/
BRP MEDIA RELATIONS Anna Rozenich, Sr. Director of
Enterprise Communications Baldwin Risk Partners 630.561.5907 |
anna.rozenich@baldwinriskpartners.com
BRP INVESTOR RELATIONS Bonnie Bishop, Executive Director,
Investor Relations Baldwin Risk Partners 813.259.8032 |
IR@baldwinriskpartners.com
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