Ategrity Specialty Insurance Holdings's Business Segments

Ategrity Specialty Insurance Company Holdings is a specialty property and casualty insurance holding company focused on the excess and surplus (E&S) market for small to medium-sized businesses in the United States. Its underwriting operations are conducted through Ategrity Specialty Insurance Company, a Delaware-domiciled E&S insurer. The company underwrites commercial risks in selected industries, including retail, real estate, hospitality, and construction. It utilizes a technology-driven underwriting model that standardizes and automates underwriting tasks to efficiently manage a high volume of smaller-premium policies. For the year ended December 31, 2025, Ategrity Specialty reported $581.5 million in gross written premiums, a combined ratio of 88.2%, and stockholders’ equity of $614.3 million. The company operates in 48 states and the District of Columbia, with significant premiums from California, Florida, Texas, New York, and Georgia. Its product offerings include commercial property and casualty insurance, primarily covering short-tail, lower-severity property exposures and frequency-driven casualty risks. Distribution is conducted exclusively through licensed surplus lines brokers and wholesale agents via two channels: Brokerage and Small Business. Claims are managed internally by a dedicated team. The company employs a centralized cloud-based platform to support underwriting, claims, and portfolio management, incorporating AI governance. Reinsurance arrangements, including quota share and excess of loss treaties, are used to manage risk exposure.