The Baldwin Group announces the launch of Azimuth Re, Ltd., a member-owned group captive developed for construction leaders.
Created in partnership with Innovative Captive Strategies, the new captive is tailored specifically for the firm’s construction clients to provide a disciplined method for managing risk collectively.
Azimuth brings together high-performing contractors seeking greater control and long-term stability. By grouping best-in-class companies under a single underwriting approach, members share risk, gain scale, and have the opportunity to benefit from underwriting profits when the group performs well.
Commenting on the launch, Andy O’Brien, partner at The Baldwin Group, says: “In today’s ultra-competitive construction environment, the strongest contractors are those who can most effectively balance growth, risk, and profitability with precision and discipline. As we move forward through 2026 and beyond, we anticipate volatility across many critical sectors of the construction insurance market.”
O'Brien adds: “By creating a peer group of best-in-class contractors and equipping them with industry-leading risk management, claims, and safety advisory, we’re building a model designed to outperform the standard insurance market while empowering our clients to transform risk management discipline into a competitive advantage.”
The programme is designed for forward-thinking construction companies that pay US$250,000 or more annually in workers’ compensation, general liability, and auto premiums. The structure includes a US$350,000 captive retention, creating an alignment of interests around safety performance and long-term financial outcomes.
Greg Deems, senior partner at The Baldwin Group, notes: “What makes Azimuth different is its model of collective responsibility. All members operate under a single broker model and a shared, disciplined risk lens. But we go beyond placing coverage, our construction experts help guide member selection, risk strategy, and long-term performance to protect the strength of the group.”
According to Deems, the captive is intended as a place for “like-minded top performers to outpace the market while being on the vanguard of creativity in structure and return.”
The Baldwin Group is an independent insurance distribution firm providing risk management, insurance, and employee benefits. The organisation represents more than three million clients internationally.
