Baldwin Group, an independent insurance brokerage and advisory firm, announced the completion of its acquisition of Capstone Group, a full-service, multi-line independent insurance brokerage firm headquartered in the Philadelphia area.
Founded in 2013, Capstone Group provides independent risk management, insurance brokerage and employee benefits consulting services. It specializes in risk management, group health and ancillary benefits, and property and casualty insurance solutions.
Baldwin said Capstone’s hands-on service model and team-first culture are a natural fit with its customer-centric entrepreneurial approach, allowing Capstone to maintain its personalized, high-touch service while leveraging Baldwin’s broader resources and scalable infrastructure.
The collaboration expands Baldwin’s regional reach and enhances its ability to deliver comprehensive risk management solutions to a broader client base.
“We are pleased to welcome Capstone to the Baldwin Group,” said Dan Galbraith, president and CEO of retail brokerage at The Baldwin Group. “Capstone’s holistic approach to risk management and their commitment to client success aligns with our philosophy. We are both committed to exceeding client expectations of traditional insurance and benefits brokers, making them a natural fit for our firm. Together, we will deliver greater value to our clients while maintaining the exceptional culture Capstone has cultivated over the years.”
“Capstone was founded with the belief that clients deserve more than just transactional insurance placements, they deserve strategic advice and a true partnership,” said Kevin Fox, managing partner of Capstone Group. “As our customers’ needs become more complex and our industry continues to evolve, it’s clear that aligning with a like-minded, future-focused company is critical. Through The Baldwin Group, our combined regional relationships, infrastructure and global resources will help achieve our goal of providing our team and customers with a sustainable competitive advantage for years to come.”