MSI Launches Commercial General Liability Insurance for Habitational Property Owners to Protect Against Emerging Risks in a Challenging Market

MSI™, one of the largest independent managing general agencies (MGAs) in the United States, announced today the launch of its commercial general liability (CGL) insurance solution designed specifically for habitational properties. This product comes at a critical time as habitational property owners navigate heightened risk exposures and rising premiums.

"Increasing claims costs, evolving litigation trends, and tightening capacity have created significant challenges for habitational property owners," said Rajiv Matta, Chief Innovation Officer of MGA Programs at MSI. "Our new CGL solution is tailored to address these challenges by offering robust and flexible coverage that protects our customers and their investments while giving them confidence in an unpredictable market. We're very pleased that an A.M. Best A+ rated insurance company is supporting this product."

This new product offers general liability coverage to owners of various types of residential dwellings, including eligible apartments, condominiums, and townhomes.

The new CGL offering is the latest addition to MSI's expanding suite of more than 20 products and solutions. MSI thrives on finding specialized solutions to important risks facing individuals and businesses. Its distribution partners turn to the company for its wide variety of products and access to insurer and reinsurer risk capacity to grow their business and meet their customers' unique needs.

"At MSI, we are committed to building insurance better and delivering solutions that help our customers navigate risk with confidence," said Angela Adams, Business Line Leader, Casualty at MSI. "Our new commercial general liability product reflects this commitment by offering protection that truly makes a difference."

For more information about MSI's new CGL solution, please visit our website.

About MSI

MSI, the brand name for Millennial Specialty Insurance, LLC, is one of the largest independent managing general agencies (MGAs) in the United States and an indirect subsidiary of The Baldwin Insurance Group, Inc. ("Baldwin") (NASDAQ:BWIN). Offering more than 20 insurance products and solutions across personal, commercial, and professional lines, MSI thrives on solving challenges, delivering responsive service, and providing an easy insurance experience to its distribution partners and more than 1.5 million customers. Combining deep underwriting expertise with (re)insurer risk capacity, MSI creates specialized insurance solutions that empower our distribution partners to meet customers' unique needs. MSI is committed to delivering exceptional service and rapid resolutions to customers throughout the policy lifecycle and to building insurance better. Founded in 2015, MSI joined The Baldwin Group in 2019. For more information, please visit www.msimga.com.

About The Baldwin Group

The Baldwin Group, the brand name for The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) and its affiliates, is an independent insurance distribution firm providing indispensable expertise and insights that strive to give our clients the confidence to pursue their purpose, passion, and dreams. As a team of dedicated entrepreneurs and insurance professionals, we have come together to help protect the possible for our clients. We do this by delivering bespoke client solutions, services, and innovation through our comprehensive and tailored approach to risk management, insurance, and employee benefits. We support our clients, colleagues, insurance company partners, and communities through the deployment of vanguard resources and capital to drive our organic and inorganic growth. The Baldwin Group proudly represents more than three million clients across the United States and internationally. For more information, please visit www.baldwin.com.

NOTE REGARDING FORWARD-LOOKING STATEMENTS

This press release may contain various "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, which represent Baldwin's expectations or beliefs concerning future events. Forward-looking statements are statements other than historical facts and may include statements that address Baldwin's future operating, financial or business performance or Baldwin's strategies or expectations. In some cases, you can identify these statements by forward-looking words such as "may," "might," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "projects," "potential," "outlook" or "continue," or the negative of these terms or other comparable terminology. Forward-looking statements are based on management's 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.

Factors 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 "Risk Factors" in Baldwin's Annual Report on Form 10-K for the year ended December 31, 2024 and in Baldwin's other filings with the U.S. Securities and Exchange Commission (the "SEC"), which are available free of charge on the SEC's website at: www.sec.gov, including those risks and other factors relevant to Baldwin's business, financial condition and results of operations. 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 Baldwin or to persons acting on Baldwin's behalf 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 Baldwin 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.

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MEDIA RELATIONS

Anna Rozenich, Senior Director, Enterprise Communications, The Baldwin Group

630.561.5907 | [email protected]

INVESTOR RELATIONS

Bonnie Bishop, Executive Director, Investor Relations, The Baldwin Group

813.259.8032 | [email protected]

MSI MEDIA RELATIONS

Mira Choi, Communications Manager, MSI

951.283.7801 | [email protected]