Juniper Re licenses KatRisk Severe Convective Storm and Wildfire models. By GlobeNewswire September 24, 2026 Partnership expands Juniper Re's catastrophe modeling capabilities with differentiated views of two increasingly important and complex perils BERKELEY, Calif., Sept. 24, 2026 (GLOBE NEWSWIRE) - KatRisk, a global provider of catastrophe risk intelligence and technology, today announced that Juniper Re has licensed its Severe Convective Storm (hail, tornado, and straight line wind) and Wildfire catastrophe models, expanding the reinsurance broker's ability to assess and manage risk across two perils that continue to present significant modeling challenges for the insurance market. The agreement builds on Juniper Re's existing use of KatRisk's flood modeling capabilities and expands the relationship into severe convective storm and wildfire. By incorporating additional, independent views of risk, Juniper Re can evaluate exposure using models built around the physical drivers of each peril while retaining the flexibility to develop its own perspectives on vulnerability and loss. "We are pleased to license KatRisk's severe convective storm and wildfire models to provide the market with an additional, well-founded perspective on risk assessment," said Adam Miron, Head of Catastrophe Analytics, Juniper Re. "Building on their market-leading flood model, KatRisk brings a differentiated approach to perils that have historically been challenging to model and have often faced criticism regarding validation against experience and the treatment of extreme tail-risk scenarios. "The flexibility of the KatRisk vulnerability framework enables modelers to develop and implement customized views of risk in a robust and transparent manner, avoiding the need for approximate methodologies. As the industry continues to evolve, there is a growing need for innovative and rigorously validated modeling approaches, and Juniper Re is committed to being at the forefront of that advancement." Building additional views of complex risk Severe convective storm and wildfire risk are changing quickly. Shifts in exposure, increasing concentrations of insured value and the complex physical behavior of both perils make it increasingly important for (re)insurers to understand not only expected losses, but the potential for severe and less frequent events. KatRisk's probabilistic models are designed to connect hazard science, vulnerability and financial loss within a transparent modeling framework. This gives organizations the ability to interrogate model assumptions, develop customized views of vulnerability and understand how those choices translate into portfolio-level risk. "Juniper Re understands the value of having multiple, scientifically grounded perspectives on risk, particularly for perils where the market's understanding continues to evolve," said Martyn Sutton, General Manager, KatRisk. "Our relationship began with flood, and we're excited to see Juniper Re expand its use of KatRisk into severe convective storm and wildfire. It reflects exactly what we want our models to enable: more choice, greater transparency and the ability for sophisticated modeling teams to build views of risk that reflect their own experience and expertise." The KatRisk Severe Convective Storm Model provides a probabilistic view of hail, tornado and straight-line wind risk, supporting analysis of both individual locations and portfolios. The KatRisk Wildfire Model combines KatRisk's catastrophe modeling framework with wildfire science developed alongside Technosylva, modeling the physical processes that determine how fires ignite and spread and how they ultimately translate into insured loss. The model extends beyond direct fire damage to capture smoke impacts and urban conflagration, providing a broader view of how wildfire events can generate loss as they move into densely developed areas. The model has also been validated against the 2025 Palisades and Eaton fires, using observed data from two of the most consequential recent urban wildfire events to test its representation of fire behavior and resulting impacts. Together with KatRisk's established flood capabilities, the models give Juniper Re additional tools to evaluate catastrophe risk across multiple perils within a consistent modeling framework. About Juniper Re Juniper Re, the dynamic reinsurance broking arm of The Baldwin Group and brand name of Juniper Re, LLC and its affiliates, 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. In the UK, Juniper Re is a trading name of Juniper Re UK, Ltd, which is an appointed representative of Servca Group Limited. Servca is authorized and regulated by the Financial Conduct Authority and its FCA registration number is 596006. Juniper Re UK is registered in England and Wales, its FCA registration number is 1021485, its registered company number is 16047805 and its registered office is 27 Old Gloucester Street, London, Camden WC1N 3AX. Juniper Re has offices in the United States, Bermuda, and the United Kingdom. For more information, please visit www.juniperre.com. About The Baldwin Group The Baldwin Group, the brand name for The Baldwin Insurance Group, Inc. ("Baldwin") (NASDAQ: BWIN) and its affiliates, is an independent insurance distribution firm providing indispensable expertise and insights that strive to give its clients the confidence to pursue their purpose, passion and dreams. As a team of dedicated entrepreneurs and insurance professionals, the Baldwin Group has come together to help protect the possible for its clients. The Baldwin Group does this by delivering bespoke client solutions, services, and innovation through its comprehensive and tailored approach to risk management, insurance, and employee benefits. The Baldwin Group supports its clients, colleagues, insurance company partners, and communities through the deployment of vanguard resources and capital to drive its organic and inorganic growth. The Baldwin Group proudly represents more than three 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 Baldwin 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, 2025 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. About KatRisk KatRisk is a global provider of catastrophe risk intelligence and technology, helping organizations assess, understand and manage climate-driven risk. Serving insurance, reinsurance, government institutions and financial services organizations in more than 190 countries, KatRisk combines scientifically rigorous catastrophe models with scalable analytics and technology solutions that support better risk decisions. Through KatRisk Intelligence, the company delivers probabilistic catastrophe risk models and analytics across flood, storm surge, tropical cyclone wind, severe convective storms, wildfire and earthquake. Through KatRisk Technology, it enables organizations to operationalize that intelligence across underwriting, exposure management, portfolio analytics and enterprise risk workflows. Girish Jaggi +1 (289) 623 3627

Juniper Re licenses KatRisk Severe Convective Storm and Wildfire models. Partnership expands Juniper Re's catastrophe modeling capabilities with differentiated views of two increasingly important and complex perils. September 24, 2026 10:07 ET | Source: KatRisk BERKELEY, Calif., Sept. 24, 2026 (GLOBE NEWSWIRE) - KatRisk, a global provider of catastrophe risk intelligence and technology, today announced that Juniper Re has licensed its Severe Convective Storm (hail, tornado, and straight line wind) and Wildfire catastrophe models, expanding the reinsurance broker's ability to assess and manage risk across two perils that continue to present significant modeling challenges for the insurance market. The agreement builds on Juniper Re's existing use of KatRisk's flood modeling capabilities and expands the relationship into severe convective storm and wildfire. By incorporating additional, independent views of risk, Juniper Re can evaluate exposure using models built around the physical drivers of each peril while retaining the flexibility to develop its own perspectives on vulnerability and loss. "We are pleased to license KatRisk's severe convective storm and wildfire models to provide the market with an additional, well-founded perspective on risk assessment," said Adam Miron, Head of Catastrophe Analytics, Juniper Re. "Building on their market-leading flood model, KatRisk brings a differentiated approach to perils that have historically been challenging to model and have often faced criticism regarding validation against experience and the treatment of extreme tail-risk scenarios. "The flexibility of the KatRisk vulnerability framework enables modelers to develop and implement customized views of risk in a robust and transparent manner, avoiding the need for approximate methodologies. As the industry continues to evolve, there is a growing need for innovative and rigorously validated modeling approaches, and Juniper Re is committed to being at the forefront of that advancement." Building additional views of complex risk Severe convective storm and wildfire risk are changing quickly. Shifts in exposure, increasing concentrations of insured value and the complex physical behavior of both perils make it increasingly important for (re)insurers to understand not only expected losses, but the potential for severe and less frequent events. KatRisk's probabilistic models are designed to connect hazard science, vulnerability and financial loss within a transparent modeling framework. This gives organizations the ability to interrogate model assumptions, develop customized views of vulnerability and understand how those choices translate into portfolio-level risk. "Juniper Re understands the value of having multiple, scientifically grounded perspectives on risk, particularly for perils where the market's understanding continues to evolve," said Martyn Sutton, General Manager, KatRisk. "Our relationship began with flood, and we're excited to see Juniper Re expand its use of KatRisk into severe convective storm and wildfire. It reflects exactly what we want our models to enable: more choice, greater transparency and the ability for sophisticated modeling teams to build views of risk that reflect their own experience and expertise." The KatRisk Severe Convective Storm Model provides a probabilistic view of hail, tornado and straight-line wind risk, supporting analysis of both individual locations and portfolios. The KatRisk Wildfire Model combines KatRisk's catastrophe modeling framework with wildfire science developed alongside Technosylva, modeling the physical processes that determine how fires ignite and spread and how they ultimately translate into insured loss. The model extends beyond direct fire damage to capture smoke impacts and urban conflagration, providing a broader view of how wildfire events can generate loss as they move into densely developed areas. The model has also been validated against the 2025 Palisades and Eaton fires, using observed data from two of the most consequential recent urban wildfire events to test its representation of fire behavior and resulting impacts. Together with KatRisk's established flood capabilities, the models give Juniper Re additional tools to evaluate catastrophe risk across multiple perils within a consistent modeling framework. About Juniper Re Juniper Re, the dynamic reinsurance broking arm of The Baldwin Group and brand name of Juniper Re, LLC and its affiliates, 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. In the UK, Juniper Re is a trading name of Juniper Re UK, Ltd, which is an appointed representative of Servca Group Limited. Servca is authorized and regulated by the Financial Conduct Authority and its FCA registration number is 596006. Juniper Re UK is registered in England and Wales, its FCA registration number is 1021485, its registered company number is 16047805 and its registered office is 27 Old Gloucester Street, London, Camden WC1N 3AX. Juniper Re has offices in the United States, Bermuda, and the United Kingdom. For more information, please visit www.juniperre.com. About The Baldwin Group The Baldwin Group, the brand name for The Baldwin Insurance Group, Inc. ("Baldwin") (NASDAQ: BWIN) and its affiliates, is an independent insurance distribution firm providing indispensable expertise and insights that strive to give its clients the confidence to pursue their purpose, passion and dreams. As a team of dedicated entrepreneurs and insurance professionals, the Baldwin Group has come together to help protect the possible for its clients. The Baldwin Group does this by delivering bespoke client solutions, services, and innovation through its comprehensive and tailored approach to risk management, insurance, and employee benefits. The Baldwin Group supports its clients, colleagues, insurance company partners, and communities through the deployment of vanguard resources and capital to drive its organic and inorganic growth. The Baldwin Group proudly represents more than three 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 Baldwin 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, 2025 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. About KatRisk KatRisk is a global provider of catastrophe risk intelligence and technology, helping organizations assess, understand and manage climate-driven risk. Serving insurance, reinsurance, government institutions and financial services organizations in more than 190 countries, KatRisk combines scientifically rigorous catastrophe models with scalable analytics and technology solutions that support better risk decisions. Through KatRisk Intelligence, the company delivers probabilistic catastrophe risk models and analytics across flood, storm surge, tropical cyclone wind, severe convective storms, wildfire and earthquake. Through KatRisk Technology, it enables organizations to operationalize that intelligence across underwriting, exposure management, portfolio analytics and enterprise risk workflows.

Noldor appoints Tom Anderson as Head of Sales. Noldor, a company focused on transforming disjointed insurance data into a valuable asset driving the programme marketplace, has announced the appointment of Tom Anderson as Head of Sales. In his new role, Anderson will build and lead the sales organisation as Noldor expands across the US, Lloyd's and London company markets. He brings two decades of insurtech sales leadership experience. He has sold broker and agency platforms, carrier and London market underwriting systems, reinsurance solutions, and programme data technology, alongside building enterprise sales from the ground up at companies including Novidea and AdvantageGo. Anderson joins Noldor from KatRisk, where he served as Vice President of Sales, responsible for developing and executing go-to-market strategy, building scalable sales teams, and forging strategic partnerships to accelerate ARR and new business adoption. Prior to that, he served as Sales Director for Major Accounts at Carpe Data and also as Vice President, Sales - Risk Data & Services at Swiss Re. Scott Quiana, co-founder and CEO of Noldor, said, "Tom has sold to the brokers placing program business, MGAs underwriting it, carriers, and the reinsurers backing it. "That perspective matters when your platform's whole job is getting those parties working from the same data. The market is asking us to scale, and Tom knows how to do it." Anderson added, "Delegated authority is one of the fastest-growing segments in insurance, and the firms that solve their data problem first will be the ones that scale. "Noldor gives carriers and MGAs timely, consistent, decision-ready data - turning reporting from a back-office burden into a genuine competitive advantage. That's why I joined, and it's what I'm excited to bring more of to the market."