BRP Group Inc (BRP) Sector
Consumer Discretionary

(Current) $32.66
0.01 (0.03%) Open Price: 32.66


BRP Group Inc. is a rapidly growing independent insurance distribution firm that operates as a middle-market-focused broker. Established in 2011 and headquartered in Tampa, Florida, the company has rapidly expanded its footprint in the insurance industry through a combination of organic growth and strategic acquisitions.


BRP Group operates under a unique model known as "BRP Network," which brings together a diverse group of regional and specialty insurance agencies. These agencies retain their local identities and expertise while benefiting from the resources, technology, and support provided by BRP Group. This decentralized approach allows the company to offer clients a personalized and tailored approach to insurance solutions.


The company's wide-ranging capabilities encompass various lines of insurance, including property and casualty, employee benefits, surety, and more. BRP Group's commitment to delivering customized solutions has earned it a reputation for providing clients with comprehensive coverage that meets their specific needs and risk profiles.


BRP Group's growth strategy includes a strong focus on strategic acquisitions. The company identifies and acquires insurance agencies that align with its values, culture, and growth objectives. These acquisitions not only expand BRP Group's geographic reach but also provide opportunities for cross-selling and leveraging expertise across its network.


An important aspect of BRP Group's success is its emphasis on fostering a collaborative and innovative company culture. The company invests in technology and data analytics to enhance its offerings and provide clients with insights to better manage their risks. Additionally, BRP Group's commitment to diversity and inclusion contributes to a dynamic and inclusive environment for employees and clients alike.



(05/17/24) $32.66
(05/20/24) $32.65
(05/20/24) (Qty.)681,955
(05/17/24) $31.94
(05/17/24) $33.03
(04/28/24) $26.08
(05/12/24) $33.03
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