Added to YB: 2026-02-23
Pitch date: 2026-02-20
ASIC [bullish]
Ategrity Specialty Insurance Company Holdings
-8.45%
current return
Author Info
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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
$991.9M
Pitch Price
$22.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.83
P/E
11.08
EV/Sales
2.02
Sector
Insurance
Category
value
I think Ategrity has been mistakenly left behind
ASIC: E&S specialty insurer for SMBs, 30% GWP growth in 2025 vs 20% industry avg. Jan '26 FL premiums +14% YoY while KNSL -6%. Q4 no prior year development, reserves strong. Underwriting income tripled $5.9M to $15.4M. Trading 11x '26 est EPS $1.83-1.95 vs peers 14x-18x. $50M buyback (25% of float), founder owns 80%. Scale story: 600 broker partners, AI/tech investments. Risk: low liquidity, thin float.
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