Written premiums top $1 billion for Millennial Specialty Insurance

Millennial Specialty Insurance, LLC, (MSI) an independent managing general agency (MGA) in the US, and a subsidiary of The Baldwin Insurance Group, Inc., an insurance distribution firm, recently announced that it has surpassed $1 billion in in-force written premiums during the second quarter of 2024.

“This milestone is a reflection of our relentless pursuit of excellence and our commitment to offering tailored insurance solutions that meet the evolving needs of our distribution partners and more than 1.5 million policy holders nationwide,” added Jim Roche, a founder of MSI; President, The Baldwin Group; and CEO, Underwriting, Capacity, and Technology Operations.

He continued: “This accomplishment demonstrates the value we offer and the dedication of our colleagues who are committed to delivering outstanding service and innovative insurance solutions.”

Since its establishment in 2015, MSI has expanded to offer a comprehensive portfolio of more than 20 insurance products and solutions, covering personal, commercial, and professional lines.

The company partners with insurers to design and distribute these products via agents, brokers, and technology channels. MSI joined Baldwin in 2019 and is now part of Baldwin’s Underwriting, Capacity, and Technology Solutions division.

Amy Carlisle, President of MGA Solutions, MSI, said: “As we continue to grow and innovate our diverse product suite, we remain focused on building strong relationships with our capacity partners, providing disciplined underwriting focus to manage risk effectively.

“Our scalable, tech-enabled MGA platform is designed to deliver capabilities with the highest standards of operational excellence, exposure management, and service across our offerings today and those we are building for the future.”

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