About Southern Protective Group
Southern Protective Group is an independent insurance firm specializing in medical malpractice solutions. On May 1st, 2020, Southern Protective Group was acquired by BRP Group. Terms of the transaction were not disclosed.
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Latest Southern Protective Group News
May 1, 2020
BRP Group Acquires Southern Protective Group 5/1/20 TAMPA, Fla., May 01, 2020 (GLOBE NEWSWIRE) -- BRP Group, Inc. (NASDAQ: BRP), a rapidly growing independent insurance distribution firm delivering tailored insurance solutions, today announced that Baldwin Krystyn Sherman Partners, LLC, the middle market subsidiary of BRP Group, has acquired substantially all assets of Atlanta-based Southern Protective Group, LLC, an independent insurance firm specializing in medical malpractice solutions. SPG generated annual revenues of approximately $2 million. SPG advises clients throughout the U.S., distributing its risk management offerings to a broad range of physician groups and associations. Through its deep expertise in healthcare, SPG has developed high-quality and long-term client relationships, as well as strong revenue growth in recent years. Following this Partnership, SPG will be rebranded under the BKS-Partners banner. “We are pleased to welcome SPG to the BKS-Partners platform, and are excited to be able to offer additional medical malpractice insurance and risk management solutions to our client base,” said Kelly Nash, Regional President of BKS-Partners. “SPG’s growth, product suite, nationwide distribution and excellent reputation are a natural fit to augment our expertise and current product offerings.” “We are excited to join BRP Group and its BKS-Partners platform, as we believe our medical malpractice solutions are a clear fit. BKS-Partners provides us with a prime opportunity to take our growth to the next level,” said Gregg Schieffelbein, Partner at SPG. “We anticipate a smooth transition, and we are excited to be able to provide additional capabilities to our current clients, while being able to expand our reach to potential new clients via enhanced visibility and brand recognition.” BKS-Partners works with clients across the country, providing them with best-in-class services and innovative risk solutions, and has been strategically expanding its geographic reach throughout the U.S. ABOUT BRP GROUP, INC. BRP Group, Inc. (NASDAQ: BRP) is a rapidly growing independent insurance distribution firm delivering tailored insurance and risk management insights and solutions that give our clients the peace of mind to pursue their purpose, passion and dreams. We are innovating the industry by taking a holistic and tailored approach to risk management, insurance and employee benefits, and support our clients, Colleagues, Insurance Company Partners and communities through the deployment of vanguard resources and capital to drive our growth. BRP represents over 450,000 clients across the United States and internationally, with approximately 50 offices in seven states. For more information, please visit www.baldwinriskpartners.com . Learn more about BKS-Partners at www.bks-partners.com . ABOUT SPG SPG is an Atlanta-based specialty insurance firm, providing specialized risk management solutions to clients across the United States. In addition to its focus on medical malpractice insurance, the firm offers business insurance and executive insurance products to its client base. SPG’s advisors are also skilled in alternative risk transfer captives and self-insured programs. The firm’s primary clientele comprise physicians & physician practices, healthcare facilities and physician organizations & associations. SPG is also experienced in alternative risk transfer captives and self-insured programs. Learn more at www.southernprotectivegroup.com .
Southern Protective Group Frequently Asked Questions (FAQ)
When was Southern Protective Group founded?
Southern Protective Group was founded in 1999.
Where is Southern Protective Group's headquarters?
Southern Protective Group's headquarters is located at 4595 Towne Lake Parkway, Woodstock.
What is Southern Protective Group's latest funding round?
Southern Protective Group's latest funding round is Acquired.
Who are the investors of Southern Protective Group?
Investors of Southern Protective Group include BRP Group.
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