Baldwin Insurance Group, Inc. (BWIN) company profile
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
- Website
- baldwin.com
- 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
| Name | Position | Shares owned |
|---|---|---|
| Trevor Baldwin | Chief Executive Officer, Director | 2,074,613 |
| Willis Johnathan Daniel | Interim CAO | 38,553 |
| Seth Bala Cohen | General Counsel | 14,024 |
| Bradford Hale | Chief Financial Officer | 184,501 |
| Corbyn N. Lichon | Chief Accounting Officer | 57,291 |
| James Morgan Roche | See Remarks | 1,104,223 |
| Daniel Galbraith | See Remarks | 1,264,880 |
| Lowry Baldwin | Director | 12,545,940 |
| Chris Thomas Sullivan | Director | 86,506 |
| Myron K. Williams | Director | 15,269 |
| Joseph John Kadow | Director | 25,424 |
| Sunita Parasuraman | Director | 15,269 |
| Sathish Muthukrishnan | Director | 11,078 |
| Paul Eugene Sparks | Director | 1,114,397 |
| Jay A. Cohen | Director | 19,447 |
| Ellyn Shook | Director | 15,269 |
| Barbara Ruth Matas | Director | 20,424 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer 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
| Executive | Salary | Stock awards | Incentive pay | Other | Total | vs. 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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