Professional
Added to YB: 2025-07-31
Pitch date: 2025-06-30
ASIC [bullish]
Ategrity Specialty Insurance Company Holdings
-5.01%
current return
Author Info
No bio for this author
Company Info
Ategrity Specialty Insurance Company Holdings, through its subsidiaries, provides excess and surplus lines insurance and reinsurance products to small and medium-sized businesses in the United States.
Market Cap
$909.4M
Pitch Price
$21.17
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.09
P/E
109.09
EV/Sales
2.17
Sector
Insurance
Category
growth
Baron Discovery Fund New Position: Ategrity Specialty Insurance Company Holdings
ASIC (new position): E&S insurer focused on small businesses, growing premiums 20%+ with 30% ceded to reinsurers. Data-driven approach enables cost-effective underwriting in less competitive segment. Post-IPO overcapitalization allows higher retention. Scale should improve expense ratio, driving mid-teens ROE within 3 years.
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