BRP Group, Inc. (NASDAQ:BRP) Q4 2022 Results Conference Call February 28, 2023 4:30 PM ET

Company Participants

Bonnie Bishop - Executive Director, IR

Trevor Baldwin - CEO

Brad Hale - CFO

Conference Call Participants

Weston Bloomer - UBS

Meyer Shields - KBW

Elyse Greenspan - Wells Fargo

Pablo Singzon - JPMorgan

Greg Peters - Raymond James

Operator

Greetings, and welcome to the BRP Group, Inc. Fourth Quarter 2020 Earnings Call. At this time, all participants are in listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions]

It is now my pleasure to introduce your host, Bonnie Bishop, Executive Director of Investor Relations. Thank you. You may begin.

Bonnie Bishop

Thank you, operator. Welcome to the BRP Group's Fourth Quarter 2021 Earnings Call. Today's call is being recorded. Fourth quarter and full year financial results, supplemental information and Form 10-K were issued earlier this afternoon and are available on the Company's website at ir.baldwinriskpartners.com.

Please note that remarks made today may include forward-looking statements subject to various assumptions, risks, and uncertainties. The Company's actual results may differ materially from those contemplated by such statements. For a more detailed discussion, please refer to the note regarding forward-looking statements in the Company's earnings release and to our 2022 Form 10-K, both of which are available on the BRP website.

During the call today, the Company may also discuss certain non-GAAP financial measures. For a more detailed discussion of these non-GAAP financial measures and historical reconciliation to the most closely comparable GAAP measures, please refer to the Company's earnings release and supplemental information, both of which have been posted on the Company's website at ir.baldwinriskpartners.com.

I will now turn the call over to Trevor Baldwin, Chief Executive Officer of BRP Group.

Trevor Baldwin

Thanks, Bonnie, and good afternoon, everyone, and thank you for joining us on our fourth quarter earnings call. I will start with a few remarks followed by Brad, who will address financial and business highlights from the quarter and for the year, then Brad, Chris and I will take questions.

2022 was a record year for BRP, a year of transformative growth and broad-based execution across our business. We achieved total revenue growth of 73%, industry pacing organic growth of 23%, a new record for BRP since our IPO. And achieved double-digit organic growth across all of our operating groups, showcasing the value our clients place in the advice, solutions and relationships we deliver across our enterprise.