Ategrity Specialty Insurance Co., a provider of excess and surplus insurance to small- and mid-size US companies, has filed for an initial public offering. The New York-based company’s filing with the US Securities and Exchange Commission on Monday revealed significant growth in revenue.
Ategrity reported revenue of $344 million in 2024, which yielded a net income of $47 million. This marks a substantial increase compared to the previous year, when the company generated $241 million in revenue and a net income of $10 million. The company’s filing signals its intent to enter the public market, offering investors a new opportunity within the insurance sector.
