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Articles from Ategrity Specialty Insurance Company

Ategrity Specialty Insurance Company Holdings Announces Pricing of Initial Public Offering
Ategrity Specialty Insurance Company Holdings, formerly known as Ategrity Specialty Holdings LLC (the “Company”, “Ategrity Specialty”, “we” or “our”) announced today the pricing of its initial public offering of 6,666,667 shares of common stock at a public offering price of $17.00 per share. The aggregate gross proceeds to the Company from the offering are expected to be $113.3 million before deducting underwriting discounts and commissions and estimated offering expenses. The Company has granted the underwriters a 30-day option to purchase up to an additional 1,000,000 shares of its common stock at the initial public offering price, less underwriting discounts and commissions. The shares are expected to begin trading on the New York Stock Exchange on June 11, 2025 under the symbol “ASIC.”
Ategrity Specialty Holdings LLC Announces Launch of Initial Public Offering
Ategrity Specialty Holdings LLC (together with its successors, the “Company”, “Ategrity Specialty”, “we” or “our”) announced today the launch of its initial public offering of 6,666,667 shares of common stock pursuant to a registration statement on Form S-1 filed with the Securities and Exchange Commission (the “SEC”). The Company will be converted to a Nevada corporation named Ategrity Specialty Insurance Company Holdings prior to the consummation of this offering. The initial public offering price is expected to be between $14.00 and $16.00 per share. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 1,000,000 shares of its common stock at the initial offering price, less underwriting discounts and commissions. The Company has applied to have its common stock approved for listing, subject to official notice of issuance, on the New York Stock Exchange under the symbol “ASIC.”
Ategrity Specialty Insurance Elevates CUO Chris Schenk to President and Appoints Neelam Patel as Chief Financial Officer
Ategrity Specialty Insurance Company, a leading provider of excess and surplus (E&S) insurance solutions to small and medium-sized businesses across the United States, today announced key leadership changes to support its strategic growth and innovation plans.
By Ategrity Specialty Insurance Company · Via Business Wire · September 18, 2024
Ategrity Specialty Insurance Launches Middle Market Management and Professional Liability Product
Ategrity Specialty Insurance Company, a specialty excess and surplus lines carrier, today announced the launch of a Management and Professional Liability business offering products designed for the needs of small- to mid-sized companies.
Ategrity Specialty Insurance Elevates Deputy CEO Justin Cohen to CEO
Ategrity Specialty Insurance Company announced today that Deputy CEO Justin Cohen will officially become CEO effective January 1, 2023. Cohen, who in the summer of 2021 was tapped to succeed CEO Mike Miller after a planned transition, has led the evolution of Ategrity’s business in the excess and surplus lines (“E&S”) market, including an expansion into the Middle Market segment.
Ategrity Specialty Insurance Announces New Property Product for Middle Market Companies
Ategrity Specialty Insurance Company – which recently announced an additional $75 million capital investment from Zimmer Financial Services Group – is launching a new commercial product for midsized companies: Middle Market Property. Targeted to businesses in the real estate, hospitality, retail, and manufacturing sectors with limited catastrophe exposure, Middle Market Property is part of the expanding product lines offered by Ategrity, a specialty property & casualty insurer which focuses on the excess and surplus (“E&S”) lines market.
Ategrity Specialty Insurance Company Announces Additional $75 Million Growth Investment from Zimmer Financial Services
Ategrity Specialty Insurance Company, a specialty property & casualty insurance company focused on the excess and surplus (“E&S”) lines market, today announced an additional $75 million growth investment from Zimmer Financial Services Group. This new capital round brings the total Zimmer investment in the company to $300 million. The funding will be deployed to support growth in Ategrity's wide-ranging primary and excess insurance lines and expansion in the middle-market space, an area of increased focus for the firm.
Ategrity Specialty Insurance Company Completes $75 Million Capital Raise from Sequentis Financial
Ategrity Specialty Insurance Company, (“Ategrity” or “The Company”), a specialty property & casualty insurance company focused on the excess and surplus (“E&S”) lines market, today announced the completion of a $75 million capital raise led by Sequentis Financial LLC to support its continued growth.
By Ategrity Specialty Insurance Company · Via Business Wire · September 15, 2021