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Ategrity Specialty Insurance Company Holdings
NYSE:ASIC

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Ategrity Specialty Insurance Company Holdings
NYSE:ASIC
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Price: 20.58 USD -2.19% Market Closed
Market Cap: $989.3m

Ategrity Specialty Insurance Company Holdings
Investor Relations

Ategrity Specialty Insurance Company Holdings is a US-based company operating in Insurance industry. The company is headquartered in New York City, New York and currently employs 169 full-time employees. The company went IPO on 2025-06-11. Ategrity Specialty Insurance Company Holdings is a specialty insurance company. The firm provides excess and surplus (E&S) products to small to medium-sized businesses (SMBs) across the United States. The company offers property and casualty insurance solutions to meet the needs of SMBs. The verticals that it focuses on are retail, real estate, hospitality, and construction. The firm has built a proprietary underwriting platform that combines data analytics with automated and streamlined processes. Its underwriting platform delivers tailored insurance products and customized services.

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Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Feb 19, 2026
AI Summary
Q4 2025

Record Results: Ategrity reported record gross written premium growth of 30% year-over-year and a record low 84.9% combined ratio in Q4.

Margin Expansion: The expense ratio improved by 6.1 points to 27.8%, and the loss ratio dropped to 57.1%, both driving profitability.

Strong Segment Growth: Casualty premiums grew 38% and property premiums grew 18%, with broad-based growth across lines.

AI Progress: Investments in AI have been operationalized in underwriting and back office functions, with plans to further embed AI into workflows in 2026.

Guidance Maintained: Q1 '26 guidance calls for growth 20 points above E&S market growth and a combined ratio below 90%, consistent with prior guidance.

Share Buyback: Announced a $50 million share repurchase program, citing strong capital position and book value growth.

Capital Strength: Book value per share rose to $12.78, up 21% since IPO, and cash/investments grew by $45 million to $1.1 billion.

Key Financials
Gross Written Premiums
$n/a
Combined Ratio
84.9%
Net Earned Premiums
$n/a
Net Written Premiums
$n/a
Casualty Premiums
$n/a
Property Premiums
$n/a
Underwriting Income
$15.5M
Loss Ratio
57.1%
Catastrophe Losses as % of Net Earned Premium
3.2%
Expense Ratio
27.8%
Operating Expense as % of Net Earned Premiums
10.5%
Policy Acquisition Costs as % of Net Earned Premiums
17.3%
Fee Income
$2.3M
Net Investment Income
$11.6M
Realized and Unrealized Gains
$6.7M
Effective Tax Rate
20.2%
Net Income
$25.3M
Adjusted Net Income
$25.4M
EPS (Diluted)
$0.51
Cash and Investments
$1.1B
Book Value Increase
$26M
Book Value Per Share
$12.78
Share Repurchase Program
$50M
Earnings Call Recording
Other Earnings Calls

Management

Mr. Justin G. Cohen
CEO & Director
No Bio Available
Mr. Chris Schenk
President & Chief Underwriting Officer
No Bio Available
Ms. Neelam Patel
Chief Financial Officer
No Bio Available

Contacts

Address
NEW YORK
New York City
9 West 57th Street, 33rd Floor
Contacts
+12125091600
www.ategrity.com
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