Loading...
•
Dec 31, 2020
Baldwin Insurance Q4 2020 Earnings Report
BRP Group reported strong revenue growth and strategic expansion in Q4 2020.
Key Takeaways
BRP Group announced a 91% increase in revenue for Q4 2020, reaching $69.6 million, driven by a 17% organic revenue growth and the expansion of the 'MGA of the Future' platform. The company also acquired three top U.S. brokers, demonstrating its position as a preferred destination for successful independent insurance brokers.
Revenue increased 91% year-over-year to $69.6 million.
Organic Revenue Growth was 17% year-over-year.
“MGA of the Future” revenue grew 73% to $16.4 million.
Adjusted EBITDA grew 79% to $10.6 million.
Baldwin Insurance
Baldwin Insurance
Forward Guidance
BRP Group did not provide specific forward guidance in this earnings report.