Ategrity Specialty raises $75 million
Ategrity Specialty , a specialty property & casualty insurance company focused on the excess and surplus (“E&S”) lines market, announced the completion of a $75 million capital raise led by Sequentis Financial.
“Since launching in 2018, Ategrity has done an extraordinary job at building its presence in the marketplace. It is now time to marry our existing strengths with new investments in data and analytics that will position our company for its next phase of growth. We are excited to have raised significant capital to support this plan as we work to deliver the highest level of service to our agents and brokers.” – Mike Miller, Executive Chairman and Chief Executive Officer, Ategrity.
“Ategrity has quickly established itself as a leader in the E&S marketplace, and we are very pleased to continue to support its growth. Its innovative approach to technology and service positions Ategrity well for the future, with a strong and seasoned executive team.” – Stuart Zimmer, Chairman of Sequentis Financial.
Ategrity launched in September 2018 with funding from Mr. Zimmer, the Founder and CEO of Zimmer Partners, a research-driven multibillion dollar investment adviser and operating company of Sequentis Financial.
Ategrity’s offerings include commercial E&S property and casualty business on a primary and excess basis. The Company has a Financial Strength Rating of A- (Excellent) from A.M. Best.