Millennial Specialty achieves milestone of $1 billion in written premium

Millennial Specialty Insurance, one of the largest non-carrier-affiliated managing general agencies in the US and an indirect subsidiary of The Baldwin Insurance Group, announced a significant milestone of achieving $1 billion in-force written premium in the second quarter of 2024.

Founded in 2015, MSI has grown to offer an expanding suite of more than 20 insurance products and solutions across personal, commercial, and professional lines. It collaborates with insurance company partners to design and distribute insurance products through agents, brokers, and technology partners. MSI joined Baldwin in 2019 and is part of the company’s Underwriting, Capacity, and Technology Solutions operating group.

“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. This accomplishment demonstrates the value we offer and the dedication of our colleagues who are committed to delivering outstanding service and innovative insurance solutions.” – Jim Roche, a founder of MSI; President, The Baldwin Group; and CEO, Underwriting, Capacity, and Technology Operations.

“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.” – Amy Carlisle, President of MGA Solutions, MSI.