Loading
BRP Group, a Tampa-based independent insurance firm, says it will sell its wholesale brokerage platform, Connected Risk Solutions, for $59 million to Amwins, an Orlando-based specialty insurance provider.
BRP Group CEO Trevor Baldwin told investors on Wednesday's quarterly earnings call that the sale was made "as a part of our efforts to streamline operations, increase margin and focus on our core businesses," and to "simplify and optimize our operating model and business operations."
Subscribe today. Cancel anytime.
Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.
Join thousands of executives who rely on us for insights spanning Tampa Bay to Naples.
