Trean Insurance Group

General Information
Business:

 

We have historically focused on specialty risks within the casualty market, including specialty workers’ compensation insurance. While there is no official definition of specialty risks, the specialist component of the P&C market entails expertise in underwriting, loss control, claims and customer knowledge. Specialty insurance markets can focus on niche market segments or specific industries and product lines. Product specialists are particularly prevalent in casualty lines given the expertise required to underwrite longer-tailed lines.

Industry: FIRE, MARINE & CASUALTY INSURANCE
Employees: 240
Founded: 1996
Contact Information
Address 150 Lake Street West, Wayzata, MN 55391, US
Phone Number (952) 974-2200
Web Address http://www.trean.com
View Prospectus: Trean Insurance Group
Financial Information
Market Cap $716mil
Revenues $417.7 mil (last 12 months)
Net Income $31.4 mil (last 12 months)
IPO Profile
Symbol TIG
Exchange NASDAQ
Shares (millions): 10.7
Price range $13.00 - $15.00
Est. $ Volume $150.0 mil
Manager / Joint Managers J.P. Morgan/ Evercore ISI/ William Blair
CO-Managers JMP Securities
Expected To Trade: 7/16/2020
Day: Thursday
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change