AHT Insurance Rebrands as The Baldwin Group

AHT Insurance, a Baldwin Risk Partner, Unifies with Parent Firm's Brand to Reflect Continued Growth and Expanded Capabilities

LEESBURG, VA - August 21, 2024 - AHT Insurance ("AHT"), a Baldwin Risk Partner, announced today that it will rebrand to The Baldwin Group.

"Since becoming a Baldwin Risk Partner in 2020, AHT has been able to enhance our existing client relationships, attract new clients, and extend our impact beyond Virginia by leveraging innovative solutions and capabilities from recognized risk management and insurance experts that comprise The Baldwin Group," said John Lyon, Regional President of AHT.

Lyon emphasized, "As a full-service Commercial Risk, Private Risk, and Employee Benefits firm, our clients have been front and center in how we do business as we relentlessly seek the best, bespoke solutions for them so they can pursue what's possible for themselves, their families, and their businesses. Even as we transition to a new brand name, our focus on clients and servicing them with the industry's best advisor and client teams remains steadfast."

Now as The Baldwin Group, AHT will continue to provide innovative solutions, deep expertise, and excellent service to clients while leveraging the full suite of risk management, insurance, employee benefits, and wealth management services from the network of nearly 40 regional brands across the country that will also be transitioning to The Baldwin Group in the coming year.

As part of the rebranding efforts, AHT will migrate its insights, resources, and client portals to the firm's new website: www.baldwin.com

ABOUT AHT INSURANCE, A BALDWIN RISK PARTNER

Armfield, Harrison & Thomas, LLC (renamed The Baldwin Group Mid-Atlantic, LLC as of August 7, 2024), is an insurance brokerage and consulting firm offering property and casualty, employee benefits, retirement, personal, and international services for a wide range of industries - boasting national recognition for our practices in areas including technology, manufacturing, government contracting, and nonprofits.

ABOUT THE BALDWIN GROUP

The Baldwin Group, the "go-to-market" brand name for The Baldwin Insurance Group, Inc. (NASDAQ: BWIN) and its affiliates (collectively, "Baldwin"), 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 two 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, 2023 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.

CONTACTS

ENTERPRISE 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]

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