Skyward Specialty Insurance Group Inc.
We are a growing specialty insurance company delivering commercial property and casualty (“P&C”) products and solutions on a non-admitted (or excess and surplus (“E&S”)) and admitted basis, predominantly in the United States. (Incorporated in Delaware)
We focus our business on markets that are underserved, dislocated and/or for which standard insurance coverages are insufficient or inadequate to meet the needs of businesses, including our customers and prospective customers operating in these markets. Our customers typically require highly specialized, customized underwriting solutions and claims capabilities. As such, we develop and deliver tailored insurance products and services to address each of the niche markets we serve.
Our portfolio of insured risks is highly diversified — we insure customers operating in a wide variety of industries; we distribute through multiple channels; we write multiple lines of business, including general liability, excess liability, professional liability, commercial auto, group accident and health, property, surety and workers’ compensation; we insure both short and medium duration liabilities; and our business mix is balanced between E&S and admitted markets. All of these factors enable us to respond to market opportunities and dislocations by deploying capital where we believe we can consistently earn attractive risk-adjusted returns. We believe this diversification, combined with our underwriting and claims expertise, will produce strong growth and consistent profitability across P&C insurance pricing cycles.
**Note: Revenue and net income figures are for the 12 months that ended Sept. 30, 2022.
(Note: Skyward Specialty Insurance Group Inc. filed its S-1 on Nov. 14, 2022, without disclosing terms for its IPO. Skyward Specialty Insurance submitted confidential IPO documents to the SEC on April 22, 2022.)
|Industry:||Insurance - Fire Marine & Casualty|
|Address||800 Gessner Road, Suite 600 Houston, TX 77024-4284|
|Phone Number||(713) 935-4800|
|View Prospectus:||Skyward Specialty Insurance Group Inc.|
|Revenues||$602.32 mil (last 12 months)|
|Net Income||$20.29 mil (last 12 months)|
|Price range||$0.00 - $0.00|
|Est. $ Volume||$100.0 mil|
|Manager / Joint Managers||Barclays/ Keefe, Bruyette & Woods/ Piper Sandler/ JMP Securities/Truist Securities|
|CO-Managers||Academy Securities/ Siebert Williams Shank|
|Expected To Trade:|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|