Ategrity Specialty Insurance Company Holdings (ASIC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Ategrity Specialty Insurance Company Holdings (ASIC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
The mean of analysts' price targets for Ategrity Specialty Insurance Company Holdings (ASIC) points to a 30.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
| Insurance Industry | Financials Sector | Justin G. Cohen CEO | XFRA Exchange | US04681Y1038 ISIN |
| US Country | 203 Employees | - Last Dividend | - Last Split | - IPO Date |
Ategrity Specialty Holdings LLC is a prominent provider of insurance and reinsurance products catering specifically to small and medium-sized businesses throughout the United States. Established in 2017 and headquartered in New York, New York, the company has carved a niche in the property and casualty insurance market. With a commitment to delivering tailored solutions to its clients, Ategrity Specialty Holdings operates through a network of subsidiaries, allowing it to leverage a diverse range of expertise and resources. Ategrity is a subsidiary of Zimmer Financial Services Group LLC, which enhances its operational capabilities and industry reach.
This product provides coverage for businesses against risks associated with physical assets, including buildings, equipment, and inventory. It protects against loss or damage caused by various hazards, ensuring that businesses can recover quickly from unforeseen events like fires or natural disasters.
Ategrity offers casualty insurance that protects businesses from legal liabilities arising from injuries or accidents that occur on their premises or as a result of their operations. This coverage is essential for business owners looking to mitigate the financial risks associated with lawsuits or claims made by third parties.
The company provides reinsurance services that enable insurance companies to transfer risk to other insurers. This is crucial for maintaining financial stability and capacity, allowing smaller insurers to underwrite more policies without overexposing themselves to risk.
Tailored for businesses that use vehicles for commercial purposes, this insurance option covers the liabilities and damages associated with fleet vehicles. Ategrity's commercial auto insurance offers peace of mind for business operators by safeguarding against accidents and damages.
Essential for businesses with employees, worker's compensation insurance covers medical expenses and a portion of lost wages for employees who get injured on the job. This coverage not only protects employees but also shields employers from potential lawsuits related to workplace injuries.