{"id":772292,"date":"2023-07-25T12:39:50","date_gmt":"2023-07-25T16:39:50","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/brp-group-inc-introduces-government-contracting-center-of-excellence\/"},"modified":"2023-07-25T12:39:50","modified_gmt":"2023-07-25T16:39:50","slug":"brp-group-inc-introduces-government-contracting-center-of-excellence","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/brp-group-inc-introduces-government-contracting-center-of-excellence\/","title":{"rendered":"BRP Group, Inc. Introduces Government Contracting Center of Excellence"},"content":{"rendered":"

<\/p>\n

BRP Group, Inc. Introduces Government Contracting Center of Excellence<\/b><\/p>\n

The dedicated practice offers clients access to unparalleled insurance expertise and solutions for P&C, employee benefits and retirement insurance needs<\/i><\/b><\/p>\n

TAMPA, Fla.–(BUSINESS WIRE<\/a>)–BRP Group, Inc. (\u201cBRP Group\u201d)<\/a> (NASDAQ: BRP) today announced the establishment of its newest national Center of Excellence (\u201cCOE\u201d) \u2014 Government Contracting (\u201cGovCon\u201d) \u2013 to join the firm\u2019s expanding portfolio of specialty practices.<\/p>\n

\nThe new practice launch is part of BRP Group\u2019s intentional strategy of leveraging the deep expertise of its national network of risk management and insurance partnerships, and their experts and specialists, to make a greater difference for their clients\u2019 business needs regardless of geographic location.<\/p>\n

\nBRP Group\u2019s GovCon COE team is comprised of knowledgeable insurance experts with broad experience advising clients who operate in the government contracting space. This COE is specifically structured to support federal contracting clients with property and casualty, employee benefits and retirement insurance solutions, GovCon M&A due diligence and in-house compliance specialists.<\/p>\n

\n\u201cOur new Government Contracting (GovCon) Center of Excellence (COE) is an expansion of BRP Group\u2019s specialized solutions and capabilities that work to meet the unique needs of current and prospective clients. By combining the expertise from our two partner firms, Armfield, Harrison & Thomas (AHT) and The Capital Group, we are excited to bring this additional practice to the marketplace,\u201d said Dan Galbraith, BRP Group\u2019s Chief Operating Officer. \u201cNot only do government contractors encounter typical risk management and insurance issues, they also navigate unique challenges associated with conducting business within a rapidly-evolving, highly-regulated environment. With more than 25 years of experience and a proven track record of designing specialized insurance coverage for these complex business and regulatory conditions, our dedicated colleagues, led by BRP Group\u2019s Senior Director of Sales Kevin FitzPatrick, keep clients protected, in compliance and proactively prepared to mitigate risk and manage costs.\u201d<\/p>\n

\nThe GovCon COE focuses on addressing the unique needs and challenges of clients in the hyper- competitive federal contracting space that are best solved by a unified team approach. The GovCon COE helps federal contractors navigate these mission critical areas:<\/p>\n

\n– Controlling fringe expenses to keep competitive Wrap Rates
\n
– GovCon Employee Benefits Benchmarking – designing programs that help improve employee attraction and retention.
\n
– Risk Management Strategy
\n
– Defense Base Act (DBA) Coverage
\n
– International Coverage
\n
– Cyber Liability Insurance
\n
– Service Contract Act (SCA) Compliance and Strategy
\n
– 401K plan development and administration<\/p>\n

\nIn addition, the GovCon COE has integrated two key programs:<\/p>\n

\n– GovTech<\/span><\/b><\/a>\u2122<\/b><\/span>: <\/b>The Government Technology Insurance Company offers robust commercial insurance policies that flow down the Federal Acquisition Regulation (FAR) and Defense Federal Acquisition Regulation Supplement (DFARS) framework and provides easy access to GovCon insurance subject matter experts at premiums that accurately reflect the exposures.<\/p>\n

\n– GovConHealth<\/b><\/a>: <\/b>Provides go-to-market strategies to federal contractors to help them control employee benefits expenses. The initiative is powered by a unique and proprietary consortium-funded stop-loss arrangement that bands together high-performing federal contractors to safely and conservatively partially self-fund their employer-based healthcare.<\/p>\n

\nFor more information about BRP Group\u2019s industry and product specializations, visit: www.baldwinriskpartners.com<\/a>.<\/p>\n

Investment advisory and asset management services are offered by investment adviser representatives (IARs) through the Capital Group Investment Advisory Services, LLC (TCGIAS), a registered investment adviser, and indirect subsidiary of Baldwin Risk Partners, LLC and BRP Group, Inc. You may learn more about our services at<\/i>www.capgroupfinancial.com<\/a><\/p>\n

ABOUT BRP GROUP<\/b><\/p>\n

\nBRP Group, Inc. (NASDAQ: BRP) is an independent insurance distribution firm delivering tailored insurance and risk management insights and solutions that give our Clients the peace of mind to pursue their purpose, passion and dreams. We are innovating the industry by taking a holistic and tailored approach to risk management, insurance, and employee benefits, and support our Clients, Colleagues, Insurance Company Partners and communities through the deployment of vanguard resources and capital to drive our growth. BRP Group represents over 1.3 million clients across the United States and internationally. For more information, please visit www.baldwinriskpartners.com<\/a>.<\/p>\n

NOTE REGARDING FORWARD-LOOKING STATEMENTS<\/b><\/p>\n

\nThis press release may contain various \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995, which represent BRP Group\u2019s expectations or beliefs concerning future events. Forward-looking statements are statements other than historical facts and may include statements that address future operating, financial or business performance or BRP Group\u2019s strategies or expectations. In some cases, you can identify these statements by forward-looking words such as \u201cmay\u201d, \u201cmight\u201d, \u201cwill\u201d, \u201cshould\u201d, \u201cexpects\u201d, \u201cplans\u201d, \u201canticipates\u201d, \u201cbelieves\u201d, \u201cestimates\u201d, \u201cpredicts\u201d, \u201cprojects\u201d, \u201cpotential\u201d, \u201coutlook\u201d or \u201ccontinue\u201d, or the negative of these terms or other comparable terminology. Forward-looking statements are based on management\u2019s 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.<\/p>\n

\nFactors 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 \u201cRisk Factors\u201d in BRP Group\u2019s Annual Report on Form 10-K for the year ended December 31, 2022 and in BRP Group\u2019s other filings with the SEC, which are available free of charge on the SEC\u2019s website at: www.sec.gov<\/a>, including those risks and other factors relevant to the business, financial condition and results of operations of BRP Group. 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 BRP Group or to persons acting on behalf of BRP Group 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 BRP Group 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.<\/p>\n

\nSource: BRP Group, Inc.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230725780239\/en\/<\/a><\/span><\/p>\n

PRESS
\n<\/b>
Anna Rozenich, Sr. Director of Enterprise Communications
\n
Baldwin Risk Partners
\n
630.561.5907 | anna.rozenich@baldwinriskpartners.com
\n<\/a><\/p>\n

INVESTOR RELATIONS
\n<\/b>
Bonnie Bishop, Executive Director, Investor Relations
\n
Baldwin Risk Partners
\n
813.259.8032 | IR@baldwinriskpartners.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Florida<\/p>\n

INDUSTRY KEYWORDS:<\/b> Insurance Professional Services<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

BRP Group, Inc. Introduces Government Contracting Center of Excellence The dedicated practice offers clients access to unparalleled insurance expertise and solutions for P&C, employee benefits and retirement insurance needs TAMPA, Fla.–(BUSINESS WIRE)–BRP Group, Inc. (\u201cBRP Group\u201d) (NASDAQ: BRP) today announced the establishment of its newest national Center of Excellence (\u201cCOE\u201d) \u2014 Government Contracting (\u201cGovCon\u201d) \u2013 to join the firm\u2019s expanding portfolio of specialty practices. The new practice launch is part of BRP Group\u2019s intentional strategy of leveraging the deep expertise of its national network of risk management and insurance partnerships, and their experts and specialists, to make a greater difference for their clients\u2019 business needs regardless of geographic location. BRP Group\u2019s GovCon COE team is comprised of knowledgeable insurance experts … <\/p>\n

Continue reading “BRP Group, Inc. Introduces Government Contracting Center of Excellence”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-772292","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nBRP Group, Inc. Introduces Government Contracting Center of Excellence - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/brp-group-inc-introduces-government-contracting-center-of-excellence\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BRP Group, Inc. 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