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 | $767.1mil |
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 | $15.00 - $15.00 |
Est. $ Volume | $160.7 mil |
Manager / Joint Managers | J.P. Morgan/ Evercore/ William Blair |
CO-Managers | JMP Securities |
Expected To Trade: | 7/16/2020 |
Status: | Priced |
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 |