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Baldwin Insurance Group, Inc. (BWIN) company profile

BWINNasdaqInsurance Agents, Brokers & ServiceFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 9, 2026Score 5/30
$32.05+0.01 (+0.03%)

Close on Nov 13, 2026Market cap $4.47BP/E –Yield –

About Baldwin Insurance

Insurance Agents, Brokers & Service, SIC 6411

The Baldwin Insurance Group, Inc. is an independent insurance distribution firm that provides risk management, insurance products, and employee benefit solutions. Its business operations are structured into three groups: Insurance Advisory Solutions, Underwriting, Capacity & Technology Solutions, and Mainstreet Insurance Solutions. The firm distributes commercial property and casualty coverage, personal lines policies, employee benefits, wealth management and retirement services, and Medicare coverage. It serves a diversified client base consisting of individuals, professionals, niche businesses, and specialty insurers.

The company represents more than three million clients across the United States and internationally, with operations in the United Kingdom and Bermuda. Its distribution network includes approximately 125 offices located across 24 states, supported by roughly 5,000 colleagues and more than 8,300 independent contracted agents. The provided text details these operating locations but does not identify the city or state of the corporate headquarters.

Summary of the business section of Baldwin Insurance's latest annual report, written by StockData.

Company profile

Company

Legal name
Baldwin Insurance Group, Inc.
Founded
2011
Headquarters
Tampa, FL
Address
4211 W. Boy Scout Blvd., Suite 800 33607
Phone
(866) 279-0698
Employees
5,000, Dec 31, 2025
Industry
Insurance Agents, Brokers & Service
Incorporated in
Delaware
Fiscal year ends
December 31
Auditor
PricewaterhouseCoopers LLP, Tampa, Florida

Stock & identifiers

Ticker
BWIN
Former tickers
BRP until May 29, 2024
Exchange
Nasdaq
IPO date
Oct 25, 2019
Shares outstanding
139M, Jul 24, 2026
Public float
$3.63B, Jun 30, 2025
Filer category
Large accelerated filer
SEC CIK
1781755
CUSIP
05589G102
ISIN
US05589G1022
FIGI
BBG00QDCHF36
Share class FIGI
BBG00QDCHF45
EIN
61-1937225

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Trevor BaldwinChief Executive Officer, Director2,074,613
Willis Johnathan DanielInterim CAO38,553
Seth Bala CohenGeneral Counsel14,024
Bradford HaleChief Financial Officer184,501
Corbyn N. LichonChief Accounting Officer57,291
James Morgan RocheSee Remarks1,104,223
Daniel GalbraithSee Remarks1,264,880
Lowry BaldwinDirector12,545,940
Chris Thomas SullivanDirector86,506
Myron K. WilliamsDirector15,269
Joseph John KadowDirector25,424
Sunita ParasuramanDirector15,269
Sathish MuthukrishnanDirector11,078
Paul Eugene SparksDirector1,114,397
Jay A. CohenDirector19,447
Ellyn ShookDirector15,269
Barbara Ruth MatasDirector20,424

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025$5.25M-$2.41M$2.15M$80$165
FY2024$5.71M$11.53M$2.64M$129$180
FY2023$6.40M$3.75M$5.55M$80$148
FY2022$4.75M$3.80M$2.17M$84$135
FY2021$3.45M$3.91M$1.86M$120$138
FY2020$1.12M$1.12M$1.20M$187$107

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Executive compensation, fiscal 2025

Summary compensation table from the latest proxy statement

ExecutiveSalaryStock awardsIncentive payOtherTotalvs. prior year
Trevor Baldwin
Chief Executive Officer
$400.00K$3.07M$1.79M–$5.25M-8%
Bradford Hale
Chief Financial Officer
$300.00K$1.38M$672.19K$20.24K$2.37M-16%
Daniel Galbraith
President, The Baldwin Group and CEO, Retail Brokerage Operations
$300.00K$1.38M$670.50K$22.30K$2.37M-34%
Jim Roche
President, The Baldwin Group and CEO, Underwriting, Capacity & Technology Operations
$300.00K$1.38M$807.19K$12.00K$2.50M-11%
Seth Cohen
General Counsel
$300.00K$613.56K$448.13K$11.84K$1.37M-0%

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

IPO

From the final prospectus (Form 424B4) and the first day of trading

Offering

Type
Initial public offering
Final prospectus filed
Oct 25, 2019
Offer price
$14.00
Securities offered
16,400,000
Gross proceeds
$229.60M
Exchange
Nasdaq
First trading day
Oct 24, 2019
First-day close
$16.37+16.9%
Lock-up ends (est.)
Apr 21, 2020

“The initial public offering price of our Class A common stock is $14.00 per share.”

Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.

Employees

Headcount reported in annual reports

“We now have approximately 5,000 colleagues, including those who joined us through our January 2026 partnerships, the vast majority of whom are full-time.”

Corporate history

Events identified from SEC filings

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