MSI™, one of the largest independent managing general agencies
(MGAs) in the United States, announced today its 10-year
anniversary, marking a decade of commitment to finding specialized
insurance solutions to important risks facing individuals and
businesses.
Founded in 2015, MSI has grown from a start-up offering fully
digital renters insurance to a top three independent MGA offering
more than 20 products and solutions across personal, commercial,
and professional lines. It collaborates with insurance company
partners to design and distribute insurance solutions through
agents, brokers, and technology partners. Last year, the company
achieved a significant milestone of writing more than $1 billion in
in-force premium.
“Our 10-year anniversary is a celebration of the trust that our
capacity providers, distribution partners, and customers have in
us, along with the dedication of our talented colleagues who have a
passion for building insurance better,” said Jim Roche, Co-Founder
of MSI. “As we look to the future, we remain committed to
delivering innovative insurance products and solutions that make a
positive impact on those we serve.”
In addition to Roche, MSI was co-founded by Brian Schultz with a
vision to build a better business model for renters insurance by
leveraging technology to deliver an easy online experience for
customers. Building from that platform, MSI now serves over 1.5
million customers across a broad suite of insurance products to
protect what matters most to them.
As MSI enters its second decade, the company plans to build on
its legacy by continuing to deliver profitable underwriting
results, invest in technology, expand product offerings, and
cultivate its reputation for attracting industry-leading
talent.
"We look forward to the next decade of serving our customers and
strengthening our relationships with our capacity and distribution
partners," said Amy Carlisle, President of MGA Solutions at MSI.
"As we continue to expand our diverse product suite, we remain
focused on maintaining a disciplined approach to risk management
and the highest standards of operational excellence."
ABOUT MSI
MSI, the go-to-market brand name for Millennial Specialty
Insurance, LLC, is one of the largest independent managing general
agencies (MGAs) in the United States and an indirect subsidiary of
The Baldwin Insurance Group, Inc. (“Baldwin”) (NASDAQ: BWIN).
Offering more than 20 insurance products and solutions across
personal, commercial, and professional lines, MSI thrives on
solving challenges, delivering responsive service, and providing an
easy insurance experience to its distribution partners and more
than 1.5 million customers. Combining deep underwriting expertise
with (re)insurer risk capacity, MSI creates specialized insurance
solutions that empower our distribution partners to meet customers’
unique needs. MSI is committed to delivering exceptional service
and rapid resolutions to customers throughout the policy lifecycle
and to building insurance better. Founded in 2015, MSI joined The
Baldwin Group in 2019. For more information, please visit
www.msimga.com.
ABOUT THE BALDWIN GROUP
The Baldwin Group, the 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/20250128362705/en/
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
MSI MEDIA RELATIONS Mira Choi, Communications Manager,
MSI 951.283.7801 | mira.choi@msimga.com
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