frp_2024_sustainability_resiliency_report_v23

ABOUT FOUNDATION RISK PARTNERS Foundation Risk Partners (FRP) is a privately held, national insurance brokerage and consultancy, backed by the private equity firms, Partners Group and Warburg Pincus. FRP was founded in 2017 and is currently ranked as a top 20 broker in the U.S. We started by combining two small agencies in the Daytona Beach area with approximately $3mm in annualized revenue, which was quickly followed by merging two large, established consulting and brokerage platforms creating the backbone FRP ’ s comprehensive property and casualty and employee benefits insurance services. Today, FRP has grown to more than $700mm in annualized revenue, enhanced our services by adding many great partners, and is licensed in all 50 states with more than 2,500 employees, and a combined total valuation of over $2.8 billion. FRP stands today a combination of a locally entrenched and trusted advisors with expanded capabilities of nationally recognized platforms, allowing us to elevate our value proposition to new levels. We are a rare combination of industry experience, leadership, and bold innovation. We embrace the success of each of our member agencies and further support them through the collective capabilities of our internal network. We invite you to experience the difference .

184 LOCATIONS Geographic Reach

2,500 Professionals

$630 Million Revenue

TOP 20 US Insurance Brokerage Firm

Data current as of September 2024