Palomar Holdings

General Information
Business:

 

We are a rapidly growing and profitable company focused on the provision of specialty property insurance. We focus on certain markets that we believe are underserved by other insurance companies, such as the markets for earthquake, wind and flood insurance. We provide specialty property insurance products in our target markets to both individuals and businesses. We use proprietary data analytics and a modern technology platform to offer our customers flexible products with customized and granular pricing on an admitted basis. We distribute our products through multiple channels, including retail agents, program administrators, wholesale brokers, and in partnership with other insurance companies. Our business strategy is supported by a comprehensive risk transfer program with reinsurance coverage that we believe provides both consistency of earnings and appropriate levels of protection in the event of a major catastrophe.

Industry: FIRE, MARINE & CASUALTY INSURANCE
Employees: 64
Founded: 2013
Contact Information
Address 7979 Ivanhoe Avenue, Suite 500, La Jolla, CA 92037, US
Phone Number (619) 567-5290
Web Address http://www.PalomarSpecialty.com
View Prospectus: Palomar Holdings
Financial Information
Market Cap $339.4mil
Revenues $154.9 mil (last 12 months)
Net Income $19.8 mil (last 12 months)
IPO Profile
Symbol PLMR
Exchange NASDAQ
Shares (millions): 5.6
Price range $15.00 - $15.00
Est. $ Volume $84.4 mil
Manager / Joint Managers Barclays/ J.P. Morgan/ Keefe, Woods & Bruyette (A Stifel Company)
CO-Managers Evercore ISI/ William Blair/ Sandler O'Neill + Partners/ SunTrust Robinson Humphrey
Expected To Trade: 4/17/2019
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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