BRP

Westwood Insurance Agency LLC Announces Strategic Collaboration With Landsea Homes

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星期四, 五月 2, 2024

Westwood Insurance Agency LLC (“Westwood”), an indirect subsidiary of The Baldwin Insurance Group, Inc. (“Baldwin”) (NASDAQ: BRP), a leading full-service agency specializing in personal lines insurance for the homebuilding industry, announced today a new strategic collaboration with Landsea Homes, a publicly-traded residential homebuilder.

Key Points: 
  • Westwood Insurance Agency LLC (“Westwood”), an indirect subsidiary of The Baldwin Insurance Group, Inc. (“Baldwin”) (NASDAQ: BRP), a leading full-service agency specializing in personal lines insurance for the homebuilding industry, announced today a new strategic collaboration with Landsea Homes, a publicly-traded residential homebuilder.
  • This relationship will enable Landsea Homes to offer home insurance to their customers through Landsea Insurance Agency by using Westwood’s technology platform.
  • This new offering enhances the insurance buying experience by using an embedded model that allows Landsea Homes’ customers to efficiently secure home insurance early in the home-buying journey.
  • “With the latest launch of Landsea Insurance Agency, our hope is to help make the process of finding competitive insurance rates as seamless as possible, whether you’re buying your first home or your fifth,” said Mike Forsum, President and Chief Operating Officer of Landsea Homes.

ATV industry players unite on safer riding for youth; Ontario Quad Safety Council launches new online training program

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星期二, 四月 23, 2024

OTTAWA, April 23, 2024 (GLOBE NEWSWIRE) -- In an effort to reduce injuries and fatalities amongst young ATV riders, a group of industry players joined forces to launch online rider safety training for youth today. Ready to RideON is an Ontario Quad Safety Council program, developed in partnership with the Ontario Federation of All Terrain Vehicle Clubs (OFATV), Yamaha Motor Canada, and Bombardier Recreational Products.

Key Points: 
  • OTTAWA, April 23, 2024 (GLOBE NEWSWIRE) -- In an effort to reduce injuries and fatalities amongst young ATV riders, a group of industry players joined forces to launch online rider safety training for youth today.
  • Ready to RideON is an Ontario Quad Safety Council program, developed in partnership with the Ontario Federation of All Terrain Vehicle Clubs (OFATV), Yamaha Motor Canada , and Bombardier Recreational Products .
  • “We know that helping these young riders build confidence and skills is key to mitigating accidents across the province.
  • Currently, youth aged 12 to 15 are allowed to ride on trails in Ontario and no rider training or rider safety education is required.

Core Molding Technologies Presented with a 2024 BRP Gold Supplier Award

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星期二, 四月 16, 2024

COLUMBUS, Ohio, April 16, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding,” “Core” or the “Company”) announced it was presented with BRP’s Gold Supplier Award based on excellence in quality, manufacturing, and logistics related to its Sea-Doo boat and personal watercraft models.

Key Points: 
  • COLUMBUS, Ohio, April 16, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding,” “Core” or the “Company”) announced it was presented with BRP’s Gold Supplier Award based on excellence in quality, manufacturing, and logistics related to its Sea-Doo boat and personal watercraft models.
  • BRP awards the Gold Supplier Award to suppliers that have provided excellent customer service and technical support.
  • "We are excited and honored to be awarded a BRP Gold Supplier Award," said President and Chief Executive Officer Dave Duvall.
  • Core Molding Technologies is proud to be a premier ‘Gold’ supplier to an innovative and progressive power sports company like BRP,” Palomaki concluded.

BRP and its Principal Shareholder Announce Bought Deal Secondary Offering

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星期一, 四月 15, 2024

VALCOURT, Quebec, April 15, 2024 (GLOBE NEWSWIRE) -- BRP Inc. (TSX:DOO; NASDAQ:DOOO) (“BRP” or the “Company”) announced today that Bain Capital Integral Investors II, L.P. (“Bain” or the “Selling Shareholder”), and the Company have entered into an agreement with BMO Capital Markets to complete a secondary offering on a bought deal basis (the "Offering").

Key Points: 
  • VALCOURT, Quebec, April 15, 2024 (GLOBE NEWSWIRE) -- BRP Inc. (TSX:DOO; NASDAQ:DOOO) (“BRP” or the “Company”) announced today that Bain Capital Integral Investors II, L.P. (“Bain” or the “Selling Shareholder”), and the Company have entered into an agreement with BMO Capital Markets to complete a secondary offering on a bought deal basis (the "Offering").
  • In connection with the Offering, the Company will file a preliminary prospectus supplement to its short form base shelf prospectus dated February 23, 2023.
  • The net proceeds of the Offering will be paid directly to the Selling Shareholder.
  • The Offering is being made only by means of the prospectus supplement and the registration statement which contain important information about the Offering.

BRP to Become The Baldwin Group

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星期三, 五月 1, 2024

BRP Group, Inc. (“Baldwin” or the “Company”) (NASDAQ: BRP) announced today that it will transition to a new firm-wide brand to best reflect the firm’s transformation, growth and integrated approach to delivering innovative client solutions.

Key Points: 
  • BRP Group, Inc. (“Baldwin” or the “Company”) (NASDAQ: BRP) announced today that it will transition to a new firm-wide brand to best reflect the firm’s transformation, growth and integrated approach to delivering innovative client solutions.
  • “I am very excited to announce that BRP is now The Baldwin Group.
  • It is truly indicative of who we are as a firm – a cohesive group of experts in business insurance, employee benefits, retirement planning, and all areas of private and personal insurance,” said Trevor Baldwin, Chief Executive Officer of The Baldwin Group.
  • Additionally, effective May 2, 2024, BRP Group, Inc. will be renamed as The Baldwin Insurance Group, Inc., and Baldwin Risk Partners, LLC will be renamed as The Baldwin Insurance Group Holdings, LLC.

BRP Group, Inc. and Nasdaq’s Third Annual Directors and Officers (D&O) Benchmarking Report Includes Key Findings on Cyber Liability in this Year’s Edition

Retrieved on: 
星期三, 四月 17, 2024

BRP Group, Inc. (NASDAQ: BRP) (“BRP Group”), an independent insurance distribution firm delivering tailored insurance solutions to a wide range of personal and commercial clients, today announced its third annual Directors and Officers (D&O) & Cyber Benchmarking Report.

Key Points: 
  • BRP Group, Inc. (NASDAQ: BRP) (“BRP Group”), an independent insurance distribution firm delivering tailored insurance solutions to a wide range of personal and commercial clients, today announced its third annual Directors and Officers (D&O) & Cyber Benchmarking Report.
  • More than 320 public companies participated in this year’s survey, conducted in collaboration with Nasdaq, Inc. (“Nasdaq”).
  • Participating companies provided key policy information regarding their D&O and Cyber Liability insurance coverages.
  • In addition, 58 percent of companies reported seeing a fairly flat Cyber Liability renewal (+/- 10 percent).

ICEYE and Juniper Re, LLC announce multi-year flood and wildfire data collaboration

Retrieved on: 
星期四, 四月 25, 2024

Juniper Re will leverage ICEYE's Flood and Wildfire Insights data to support their carrier clients by accessing near real-time observed data on large-scale events to determine the impact within hours and support data-driven decisions.

Key Points: 
  • Juniper Re will leverage ICEYE's Flood and Wildfire Insights data to support their carrier clients by accessing near real-time observed data on large-scale events to determine the impact within hours and support data-driven decisions.
  • This collaboration forms part of Juniper Re's investment in innovative solutions to enhance their ability to support clients.
  • ICEYE operates the world's largest constellation of synthetic aperture radar (SAR) satellites, offering unrivaled access to actionable Earth observation data.
  • Kurt Jackson, Head of Insurance, Americas at ICEYE, said: "We are delighted to collaborate with Juniper Re and support the development of leading-edge data solutions.

ICEYE and Juniper Re, LLC announce multi-year flood and wildfire data collaboration

Retrieved on: 
星期四, 四月 25, 2024

Juniper Re will leverage ICEYE's Flood and Wildfire Insights data to support their carrier clients by accessing near real-time observed data on large-scale events to determine the impact within hours and support data-driven decisions.

Key Points: 
  • Juniper Re will leverage ICEYE's Flood and Wildfire Insights data to support their carrier clients by accessing near real-time observed data on large-scale events to determine the impact within hours and support data-driven decisions.
  • This collaboration forms part of Juniper Re's investment in innovative solutions to enhance their ability to support clients.
  • ICEYE operates the world's largest constellation of synthetic aperture radar (SAR) satellites, offering unrivaled access to actionable Earth observation data.
  • Kurt Jackson, Head of Insurance, Americas at ICEYE, said: "We are delighted to collaborate with Juniper Re and support the development of leading-edge data solutions.

Indian Motorcycle Dealers Ranked Highest in 2024 Industry Study Measuring Response to Website Customers

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星期一, 四月 8, 2024

Polaris Inc’s Indian motorcycle dealerships were ranked highest according to the 2024 Pied Piper PSI® Internet Lead Effectiveness® (ILE®) Study, which measured responsiveness to internet leads coming though powersports dealership websites.

Key Points: 
  • Polaris Inc’s Indian motorcycle dealerships were ranked highest according to the 2024 Pied Piper PSI® Internet Lead Effectiveness® (ILE®) Study, which measured responsiveness to internet leads coming though powersports dealership websites.
  • “2024 is a much more challenging business environment for powersports dealers,” said Fran O’Hagan, Pied Piper’s CEO.
  • In contrast, dealerships which score below 40 fail to personally respond in any way to their website customers.
  • The 2024 Pied Piper PSI-ILE Study (U.S.A. Powersports) was conducted between May 2023 and February 2024 by submitting website inquiries directly to a sample of 3,718 dealerships nationwide representing all major powersports brands.

Synchrony Partners with BRP to Provide Retail Financing Options in the United States

Retrieved on: 
星期一, 四月 8, 2024

STAMFORD, Conn., April 8, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, today announced a new partnership with BRP US Inc., a global leader in powersports and marine products. Synchrony will now provide BRP's U.S. dealers with installment financing options on its line of powersports products.

Key Points: 
  • Synchrony will now provide BRP's U.S. dealers with installment financing options on its line of powersports products.
  • Synchrony will allow BRP dealers to offer secured installment loan products, which includes an online or in-dealership application process, as well as flexible financing terms up to 84 months.
  • "Our goal is to continuously provide more ways for consumers to own BRP products and create unforgettable experiences in the great outdoors," said Sandy Scullion, President, Powersports and Marine, at BRP.
  • "We are pleased to expand our consumers' retail financing options by welcoming Synchrony, who has a wide selection of proven financing options and a deep understanding of the powersports market."