Westwood Insurance Agency LLC (“Westwood”), an indirect
subsidiary of The Baldwin Group, the go-to-market brand name for
The Baldwin Insurance Group, Inc. (formerly BRP Group, Inc.)
(“Baldwin”) (NASDAQ: BWIN), a leading full-service agency
specializing in personal lines insurance for the homebuilding
industry, announced today a new collaboration with Stanley Martin
Homes, LLC (“Stanley Martin Homes”), one of the nation’s
fastest-growing homebuilders.
Through this collaboration, Stanley Martin Homes will be able to
offer homeowners insurance to its customers early in the
home-buying process using Westwood’s embedded insurance model. When
homebuyers sign a contract to buy a new home, Westwood can provide
a personalized quote to them within 24 hours, thus enabling buyers
to seamlessly secure home insurance before closing.
“We are delighted to collaborate with Stanley Martin Homes to
offer homebuyers the peace of mind that comes from knowing that
their new home is protected,” said Alan Umaly, President of
Westwood. “Our goal is to ensure that obtaining home insurance is
the easiest part of buying a house, even in a challenging insurance
market. This helps our builder partners and their customers close
on time.”
Founded by a homebuilder, Westwood has established itself as the
preeminent insurance agency for the homebuilding industry. 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.
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 STANLEY MARTIN HOMES
Stanley Martin Homes, LLC has been building new homes since
1966. Headquartered in Reston, VA, Stanley Martin is one of the
nation’s fastest-growing homebuilders, having built more than
20,000 homes and operating in seventeen metropolitan areas and
seven states, including Florida, Georgia, Maryland, North Carolina,
South Carolina, Virginia, West Virginia, and Washington, DC. Named
National Builder of the Year in 2021 by Builder Magazine, Stanley
Martin is driven to deliver on its mission to “design and build
homes people love at a price they can afford.”
Stanley Martin Homes, LLC is a subsidiary of the Daiwa House
Group. The Daiwa House Group is headquartered in Osaka, Japan and
is one of the largest housing, construction, and development
companies in the world. For more information about Stanley Martin
Homes and its neighborhoods, visit stanleymartin.com.
ABOUT THE BALDWIN GROUP
The Baldwin Group, the go-to-market brand name for The Baldwin
Insurance Group, Inc. (NASDAQ: BWIN) 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 Baldwin’s 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 U.S. Securities and Exchange Commission (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 Baldwin’s
business, financial condition and results of operations. 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 Baldwin’s behalf
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/20240709850531/en/
ENTERPRISE 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 WESTWOOD
MEDIA RELATIONS Mira Choi, Communications Manager,
Westwood Insurance Agency 951.283.7801 | mira.choi@msimga.com
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