BRP Partners with Foundation Insurance of Florida

Baldwin Risk Partners (BRP), a Tampa, Florida based insurance distribution holding company, has partnered with Foundation Insurance of Florida, a Boca Raton, Fla.-based insurance agency.

Foundation Insurance of Florida was founded in Stuart, Fla., in 2009. Shortly after, the group moved their headquarters to Boca Raton, Florida where they have operated since 2010. The group, which offers insurance lines ranging from home & auto to commercial, has serviced over 100,000 individuals and businesses since their inception. Foundation Insurance of Florida specializes in multiple lines of personal and commercial coverages.

Their partnership with BRP is expected to augment support for the firm in order to accelerate growth.
The partnership became effective on Thursday, Aug. 1, 2019.

Both BRP and Foundation Insurance of Florida operate as organic growth-focused businesses in the insurance industry. BRP was founded in 2007 and has since become one of the largest independent insurance agencies in the United States, serving clients in all 50 states.

BRP’s growth path includes increased geographic representation across the U.S., expanded client value propositions and new lines of insurance to meet the needs of evolving lifestyles, business risks, and healthcare funding.

Topics Florida Mergers & Acquisitions