HELSINKI, April 25, 2024 /PRNewswire/ — ICEYE, a global leader in satellite-powered disaster management solutions, has announced a new data collaboration with Juniper Re, LLC (“Juniper Re”), the dynamic reinsurance broking arm and indirect subsidiary of BRP Group, Inc. (NASDAQ: BRP).

Juniper Re will leverage ICEYE’s Flood and Wildfire Insights data to support their carrier clients by accessing near real-time observed data on large-scale events to determine the impact within hours and support data-driven decisions.

This collaboration forms part of Juniper Re’s investment in innovative solutions to enhance their ability to support clients. Rapid access to ICEYE’s hazard and damage data will enable Juniper Re’s clients to respond to natural disasters accurately and quickly, improving their decision-making, and ultimately transforming their ability to manage the loss.

ICEYE operates the world’s largest constellation of synthetic aperture radar (SAR) satellites, offering unrivaled access to actionable Earth observation data. This provides the insurance sector with an entirely new level of persistent monitoring for any location on Earth, delivering uninterrupted visibility, both day and night, in any weather conditions.

Adam Miron, Head of Catastrophe Analytics, Juniper Re, commented: “ICEYE’s ground-breaking technology is a game changer for persistent monitoring and actionable insights. The ability to identify specific risks and ground-truth damage at scale, no matter the condition, in near real-time is revolutionary. Damage can be understood in hours as opposed to days, allowing our clients to quickly understand the impact of an event and promptly undertake loss mitigation steps.”

Kurt Jackson, Head of Insurance, Americas at ICEYE, said: “We are delighted to collaborate with Juniper Re and support the development of leading-edge data solutions. This collaboration aligns with ICEYE’s mission to get near real-time observed data into the hands of carriers and brokers following extreme weather events, enabling the industry to make better and faster decisions.”

About ICEYE 

ICEYE delivers unparalleled persistent monitoring capabilities to detect and respond to changes in any location on Earth, faster and more accurately than ever before.

Owning the world’s largest synthetic aperture radar (SAR) satellite constellation, ICEYE provides objective, near real-time insights, ensuring that customers have unmatched access to actionable data, day or night, even in challenging environmental conditions. As a trusted partner to governments and commercial industries, ICEYE delivers intelligence in sectors such as insurance, natural catastrophe response and recovery, security, maritime monitoring, and finance, enabling decision-making that contributes to community resilience and sustainable development.

ICEYE is headquartered in Finland and operates from five international locations. ICEYE has more than 600 employees, inspired by the shared vision of improving life on Earth by becoming the global source of truth in Earth Observation.

Visit www.iceye.com and follow ICEYE on LinkedIn and X for the latest updates and insights.

Media contact: [email protected]

About Juniper Re, LLC

Launched in October 2023, Juniper Re is a specialist reinsurance broker, comprised of talented and trusted professionals with extensive experience and knowledge in the reinsurance broking and the broader (re)insurance industry. Our team has extensive expertise across broking, analytics, client service, risk and compliance, and operational disciplines. We use a dynamic, analytical, and collaborative, cross-disciplined approach to deliver insightful counsel and solutions to our clients. For more information, please visit www.juniperre.com.

About BRP Group, Inc.

BRP Group, Inc. (NASDAQ: BRP) is an 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 organic and inorganic growth. BRP Group represents over two million clients across the United States and internationally. For more information, please visit www.baldwinriskpartners.com.

BRP GROUP, INC. 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 BRP Group’s expectations or beliefs concerning future events. Forward-looking statements are statements other than historical facts and may include statements that address future operating, financial or business performance or BRP Group’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 BRP Group’s Annual Report on Form 10-K for the year ended December 31, 2023 and in BRP Group’s other filings with 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 the business, financial condition and results of operations of BRP Group. 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 BRP Group or to persons acting on behalf of BRP Group 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 BRP Group 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.

JUNIPER RE PRESS

Amy Money, Head of Marketing

Juniper Re

214.533.3837 | [email protected]

BRP PRESS

Anna Rozenich, Senior Director, Enterprise Communications

Baldwin Risk Partners

630.561.5907 | [email protected]

BRP INVESTOR RELATIONS

Bonnie Bishop, Executive Director, Investor Relations

Baldwin Risk Partners

813.259.8032 | [email protected]

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• OPUS launches in UAE to become convening force for business builders
• OPUS and Fiker Institute collaborate to test ideas and advance global solutions among the next generation of change-agents
• The partnership will focus on amplifying the entrepreneurial corridor between the UAE and the UK

DUBAI, UAE and LONDON, April 25, 2024 /PRNewswire/ — OPUS, the opportunity community for business builders, today announces a partnership with leading Dubai-based think-tank, Fiker Institute, as it launches in the United Arab Emirates (UAE). As the UAE continues to grow at an unprecedented pace, prioritising innovation and building for the future, OPUS is creating a centre of gravity for the entrepreneurial community to support and facilitate further opportunity creation between the UK and the UAE.

Members of OPUS in the UAE will continue to be at the forefront of economic and social progress, with access to OPUS’s value proposition of People (networking with member peers), Places (provision of workspace) and Programming (events & experiences). Additionally, OPUS will facilitate international relationship building between members in the UK and UAE, as the platform seeks to create an international corridor of entrepreneurial talent.

To aid OPUS’s mission of supporting business builders in unlocking their potential, OPUS is partnering with Fiker Institute to promote international action and intellectual discourse among the memberships of both organisations. Founded by Dubai Abulhoul in 2021, Fiker Institute is an interdisciplinary think tank and research organisation based in Dubai. Focused on, but not limited to, global governance, foreign policy, climate change, neo-colonialism and culture. Together, through a joint programme of events and experiences, Fiker and OPUS will further their collective missions, bringing the UK and UAE’s leading business builders into important, collectively curated conversations.  

Dubai Abulhoul, Founder & CEO of Fiker Institute, commented on the partnership: “Fiker Institute’s partnership with OPUS today represents not just a collaboration, but a shared vision to empower entrepreneurs as architects of change, steering us towards a collective future where global challenges are met with innovative and context-driven solutions, and where the power of business becomes a beacon for sustainable progress.”

On the evening of 24^th April, OPUS and Fiker Institute co-hosted a launch event at Fiker Institute’s Library, celebrating the partnership and welcoming regional and global business leaders to the occasion. OPUS Board Member, Her Royal Highness Princess Beatrice of York, addressed guests alongside Oliver Christian, British Consul General to Dubai and HM Trade Commissioner for the Middle East and Pakistan.

Commenting on the launch, HRH Princess Beatrice, who has proudly supported OPUS since its inception in the UK said: “As the world continues to speed up, especially in the advent of new technologies, it is important to remember that relationships are at the core of any success story. Our mission to connect builders and unlock opportunity is right at the heart of that philosophy, and I believe the creation of a community of entrepreneurs who are keen to help each other will only further catalyse the UAE’s extraordinary story.”

Oliver Christian, British Consul General to Dubai and HM Trade Commissioner for the Middle East and Pakistan, added: “Connecting innovators, thought leaders and entrepreneurs in the UK and the UAE is a truly exciting proposition, and OPUS’s ambition to deepen the already strong ties between our nations is an endeavour I support and applaud.”

OPUS Chair & Founder, Sam Tidswell-Norrish, said of the launch and partnership: “OPUS and I are deep believers in the power of partnership. The launch of OPUS with our friends at Fiker Institute is a testament to that, and our team is laser-focused on unlocking as much opportunity between our members as possible. The UAE is simply remarkable, and we are unwaveringly committed to playing our role in its progress as we seek to create the centre of gravity in the region for business builders, and we will work tirelessly on behalf of our members to earn that position.”

OPUS will begin onboarding Founding Members in the region on 15^th May 2024.

About OPUS

OPUS is a global community for business builders—the creators, the doers, and the curious. We’re dedicated to unlocking the potential of those actively building businesses in the UK and the UAE. By creating a space where diversity and inclusivity thrive, we connect exceptional entrepreneurs who are at the forefront of business.

Our mission is to cultivate a community that promotes collaboration, innovation, and a positive impact. At its core, OPUS is built on the principle that community is the ultimate catalyst for opportunity.

To find out more, visit: www.joinopus.org

About Fiker Institute

Fiker Institute is an international affairs think tank based in Dubai. Through an interdisciplinary framework, Fiker Institute serves as a platform to advance two-way dialogue between the Arab world and the rest of the international community to test ideas, debate constructs, and develop deeper intellectual understanding. Fiker Institute’s areas of research focus include, but are not limited to, decolonization, global governance, and the future of multilateralism.

To find out more, visit: https://www.fikerinstitute.org/

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