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Insurity Capital, Inc. (FMG)

Insurity Capital will go public soon, but the exact IPO date is still unknown.
Stock Price: $10.00
Confirmed IPO price

Company Description

Insurity Capital, Inc. is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Our business strategy is to acquire an insurance shell company licensed to conduct business throughout the United States and, through this acquisition and the additional capital we raise, become a specialty provider of workers’ compensation insurance focused on small to mid-sized employers engaged in a variety of moderate to high risk occupations, including those in the light industrial, medical, hospitality, technology and construction industries.

We intend to employ a proactive, disciplined approach to underwriting employers and providing comprehensive services that, if successful, will lessen the overall incidence and cost of workplace injuries.

We plan to pursue strategies similar to those utilized by our sponsor’s corporate parent, ShiftPixy, to provide safety services at employers’ workplaces as a vital component of our underwriting process and to promote safer workplaces.

ShiftPixy’s market focus is to use a traditional staffing services business model, coupled with developed technology, to address underserved markets containing predominately lower wage employees with high turnover, including the light industrial, services, and food and hospitality markets.

Insurity Capital, Inc.
CountryUnited States
Founded2021
IPO DatePending
IndustryBlank Check / SPAC
CEOScott W. Absher

Contact Details

Address:
501 Brickell Key Drive, Suite 300
Miami, FL 33135
United States
Phone888-798-9100

Stock Details

Ticker SymbolFMG
ExchangeNYSE
Reporting CurrencyUS Dollars
IPO Price$10.00
CIK Code1855262
Employer ID86-2135064

Key Executives

NamePosition
Scott W. AbsherChair, Chief Executive Officer and Director
Domonic J. CarneyChief Financial Officer and Treasurer
Steven SimsChief Operating Officer
Robert S. GansGeneral Counsel and Secretary
Bennet TchaikovskyDirector