Insurance distribution and related services company offering a range of insurance products and solutions.
BRP Group, Inc. is a prominent player in the U.S. insurance market, specializing in marketing and selling a wide array of insurance products and services. Established in 2011 and headquartered in Tampa, Florida, the company operates through four distinct segments: Middle Market, Specialty, MainStreet, and Medicare. Each segment caters to specific client needs across different demographics and business sectors.
The Middle Market segment of BRP Group focuses on providing comprehensive commercial risk management and employee benefits solutions. It serves mid-to-large size businesses and high net worth individuals, offering tailored insurance strategies to mitigate risks and protect assets. Additionally, this segment addresses the private risk management needs of affluent families, enhancing their financial security through personalized insurance offerings.
BRP Group's Specialty segment is pivotal in delivering specialized insurance solutions to insurers, professionals, and industry-specific businesses. It acts as a managing general agent through its Future platform, leveraging proprietary technology to underwrite and place insurance products efficiently. This segment plays a critical role in accessing specialty markets and developing innovative insurance programs that meet unique client requirements. Meanwhile, the MainStreet segment provides essential personal and commercial insurance solutions, alongside life and health coverage, directly benefiting individuals and businesses within local communities. Lastly, the Medicare segment focuses on advising seniors and Medicare-eligible individuals on government assistance programs, including Medicare and Medicare Advantage, through a network of independent contractor agents.