Baldwin Insurance Group, Inc.
- BWIN · Nasdaq
- Insurance Agents, Brokers & Service
- Tampa, FL
- 5,000 employees
- CIK 0001781755
Updated from SEC filings through
Top things to know
Executives
-
Jim Roche President, The Baldwin Group and Chief Executive Officer, Underwriting, Capacity & Technology Operations DEF 14A, 2026-04-22 - Daniel Galbraith President, The Baldwin Group and Chief Executive Officer, Retail Brokerage Operations DEF 14A, 2026-04-22
- Trevor Baldwin Chief Executive Officer 4, 2026-03-17
- Bradford Hale Chief Financial Officer 4, 2026-04-03
- Bradford L. Hale Chief Financial Officer 10-K, 2026-02-26
-
Corbyn Lichon Chief Accounting Officer 8-K, 2026-09-21
Baldwin Insurance Group, Inc. is a U.S. public company in insurance agents, brokers & service (SIC 6411), headquartered in Tampa, FL. It trades as BWIN on Nasdaq. Revenue was $1.5B in the fiscal year ending December 31, 2025, +8.3% from the year before. It reported about 5,000 employees. Jim Roche is President, The Baldwin Group and Chief Executive Officer, Underwriting, Capacity & Technology Operations.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $1.5B 10-K, 2026-02-26 | $1.4B 10-K, 2026-02-26 | $1.2B 10-K, 2026-02-26 | $981M 10-K, 2025-02-25 | $567M 10-K, 2024-02-28 |
| Operating income | $73.9M 10-K, 2026-02-26 | $60.6M 10-K, 2026-02-26 | -$42.6M 10-K, 2026-02-26 | -$31.1M 10-K, 2025-02-25 | -$31.6M 10-K, 2024-02-28 |
| SG&A | Not on file | Not on file | Not on file | Not on file | Not on file |
| Net income | -$33.8M 10-K, 2026-02-26 | -$24.5M 10-K, 2026-02-26 | -$90.1M 10-K, 2026-02-26 | -$41.8M 10-K, 2025-02-25 | -$30.6M 10-K, 2024-02-28 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Jim Roche | President, The Baldwin Group and Chief Executive Officer, Underwriting, Capacity & Technology Operations | DEF 14A, 2026-04-22 |
| Daniel Galbraith | President, The Baldwin Group and Chief Executive Officer, Retail Brokerage Operations | DEF 14A, 2026-04-22 |
| Trevor Baldwin | Chief Executive Officer | 4, 2026-03-17 |
| Bradford Hale | Chief Financial Officer | 4, 2026-04-03 |
| Bradford L. Hale | Chief Financial Officer | 10-K, 2026-02-26 |
| Corbyn Lichon | Chief Accounting Officer | 8-K, 2026-09-21 |
| Johnathan Daniel | interim Chief Accounting Officer | 8-K, 2026-09-21 |
| Corbyn N. Lichon | Chief Accounting Officer | 4, 2026-04-03 |
| Willis Johnathan Daniel | Interim CAO | 3, 2026-06-17 |
 Seth Bala Cohen | General Counsel | 4, 2026-05-15 |
| Seth Cohen General Counsel and Corporate Secretary | Named in proxy bio: General Counsel and Corporate Secretary | DEF 14A, 2026-04-22 |
| Lowry Baldwin | Chairman of the Board of Directors | 10-K, 2026-02-26 |
| Barbara Matas | Director | 10-K, 2026-02-26 |
| Chris Sullivan | Director | 10-K, 2026-02-26 |
| Ellyn Shook | Director | 10-K, 2026-02-26 |
| Jay Cohen | Director | 10-K, 2026-02-26 |
What Baldwin Insurance Group, Inc. does
The Baldwin Insurance Group, Inc. is a holding company and sole managing member of The Baldwin Insurance Group Holdings, LLC (“Baldwin Holdings”) and its sole material asset is its ownership interest in Baldwin Holdings, through which all of our business is conducted., together with its consolidated subsidiaries, including Baldwin Holdings and its consolidated subsidiaries and affiliates.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 34.0 million (as of November 6, 2020) | 10-Q, November 12, 2020 |
|---|---|---|
| Public float | $3.6B (as of June 30, 2025) | 10-K, February 26, 2026 |
| Reportable segments | 3 (period ending September 30, 2026) | 10-Q, November 9, 2026 |
| Latest proxy statement | Meeting June 4, 2026 (filed April 22, 2026) | DEF 14A, April 22, 2026 |
| Auditor | PricewaterhouseCoopers LLP (Tampa, Florida) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| May 14, 2026 | Seth Bala Cohen General Counsel | Sale | 15,000 | $300K | Form 4, May 15, 2026 |
| March 3, 2026 | Paul Eugene Sparks Director | Buy | 44,200 | $1.0M | Form 4, March 4, 2026 |
| December 15, 2025 | James Morgan Roche See Remarks | Sale | 240,000 | $5.7M | Form 4, December 15, 2025 |
| December 5, 2025 | James Morgan Roche See Remarks | Sale | 15,000 | $376K | Form 4, December 9, 2025 |
| August 13, 2025 | Seth Bala Cohen General Counsel | Sale | 2,775 | $94K | Form 4, August 15, 2025 |
| August 7, 2025 | Bradford Hale Chief Financial Officer | Buy | 10,000 | $287K | Form 4, August 7, 2025 |
Recent 8-K events
- 8-K filed 2026-10-27
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-10-09
- 8-K filed 2026-09-21
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-09-14
- Item 1.01 Entry into a material definitive agreement
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-07-30
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-06-04
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-05-04
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-02-26
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-01-02
- 8-K filed 2026-01-02
- Item 1.01 Entry into a material definitive agreement
- Item 2.01 Completion of acquisition or disposition of assets
- Item 2.03 Creation of a direct financial obligation
- Item 3.02 Unregistered sales of equity securities
- Item 5.02 Departure or appointment of directors or officers; compensation
Frequently asked questions about Baldwin Insurance Group, Inc.
- What does Baldwin Insurance Group, Inc. do?
- In its own words, from Item 1 of its 10-K: "The Baldwin Insurance Group, Inc. is a holding company and sole managing member of The Baldwin Insurance Group Holdings, LLC (“Baldwin Holdings”) and its sole material asset is its ownership interest in Baldwin Holdings, through which all of our business is conducted., together with its consolidated subsidiaries, including Baldwin Holdings and its consolidated subsidiaries and affiliates."
- What is Baldwin Insurance Group, Inc.'s revenue?
- $1.5B for the fiscal year ending December 31, 2025, from its 10-K filed February 26, 2026.
- Is Baldwin Insurance Group, Inc. profitable?
- Baldwin Insurance Group, Inc. reported net income of -$33.8M for the fiscal year ending December 31, 2025.
- How many employees does Baldwin Insurance Group, Inc. have?
- About 5,000 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Baldwin Insurance Group, Inc.?
- Jim Roche, President, The Baldwin Group and Chief Executive Officer, Underwriting, Capacity & Technology Operations, as named in a DEF 14A filed April 22, 2026.
- Who is the CFO of Baldwin Insurance Group, Inc.?
- Bradford Hale, Chief Financial Officer, as named in a 4 filed April 3, 2026.
- Where is Baldwin Insurance Group, Inc. headquartered?
- Tampa, FL.
- What is Baldwin Insurance Group, Inc.'s stock ticker?
- BWIN on Nasdaq.
- What industry is Baldwin Insurance Group, Inc. in?
- Insurance Agents, Brokers & Service, SIC code 6411.
- What is Baldwin Insurance Group, Inc.'s website?
- baldwin.com.
- When does Baldwin Insurance Group, Inc. report earnings next?
- November 10, 2026. Source: pg_earnings_events.
- Is Baldwin Insurance Group, Inc. a public company?
- Yes. Baldwin Insurance Group, Inc. files with the SEC under CIK 0001781755 and trades as BWIN.
- Who audits Baldwin Insurance Group, Inc.?
- PricewaterhouseCoopers LLP, Tampa, Florida, as named in its latest annual report (10-K).
- How many shares of Baldwin Insurance Group, Inc. are outstanding?
- 34.0 million shares as of November 6, 2020, from its 10-Q filed November 12, 2020.
- What is Baldwin Insurance Group, Inc.'s public float?
- $3.6B as of June 30, 2025, as reported on the cover of its 10-K filed February 26, 2026.
- How many business segments does Baldwin Insurance Group, Inc. report?
- 3 reportable segments for the period ending September 30, 2026, from its 10-Q filed November 9, 2026.
- When is Baldwin Insurance Group, Inc.'s annual shareholder meeting?
- June 4, 2026, per its proxy statement (DEF 14A) filed April 22, 2026.
- Have Baldwin Insurance Group, Inc. insiders traded stock recently?
- Since August 7, 2025, officers and directors reported 4 open-market sales worth about $6.5M and 2 purchases worth about $1.3M on Forms 4 and 5. The most recent: Seth Bala Cohen (General Counsel) sold 15,000 shares on May 14, 2026.