Benzinga | Jun 17, 2021 08:06AM EDT

BRP Group, Inc. Announces New Exclusive Collaboration With Nasdaq to Offer D&O Insurance Solutions

BRP Group, Inc. ("BRP Group" or the "Company") (NASDAQ:BRP), a rapidly growing independent insurance distribution firm delivering tailored insurance solutions, today announced an exclusive collaboration with Nasdaq, to offer tailored D&O Liability Insurance programs and solutions for companies listed on Nasdaq through its subsidiary, AHT Insurance.

AHT Insurance provides property and casualty, employee benefits, retirement, personal and international services for clients. They have specialized expertise and experience in providing D&O insurance services. AHT has created innovative and exclusive programs for Nasdaq listed companies, IPOs, and SPACs that incorporate both corporate governance initiatives and unique captive insurance risk transfer solutions.

"We're thrilled about our new collaboration with Nasdaq," says Trevor Baldwin, BRP Group's Chief Executive Officer. "BRP Group and AHT have deep expertise and experience in providing solutions that can meet the needs of the high-growth companies on The Nasdaq Stock Market."

Mike Tomasulo, AHT's National Management Liability practice leader added, "D&O Insurance has become a major budget item for public companies, especially IPOs & SPACs. We understand that companies are looking for new and creative solutions to help them manage these increasing costs while also securing best in class coverage."