Fortegra Group, Inc. (FRF)

Fortegra Group was planning to go public, but the IPO has been withdrawn.
Stock Price: $15.00 - $17.00
Current IPO price range

Company Description

Fortegra Group is an established, growing and consistently profitable specialty insurer.

We purposefully focus on niche business lines and fee-oriented services, providing us with a unique combination of specialty insurance program underwriting, warranty and service contract products and related service solutions.

Our vertically integrated business model creates an attractive blend of traditional underwriting revenues, investment income and unregulated fee revenues.

Our differentiated approach has led to robust growth, consistent profitability and high cash flows. Our business was founded in 1981. We are headquartered in Jacksonville, Florida, and as of December 31, 2020, we had 716 employees across 15 offices in four countries.

We target lines of business with a small premium-per-risk profile, which has increased our frequency exposure but has limited our severity and catastrophic risks.

We believe this focus has allowed us to produce superior underwriting results through a more granular spread of risk. We use our proprietary technology to efficiently and effectively administer our business to specialty markets that we feel are underserved by larger, less agile insurers.

Fortegra Group, Inc.
CountryUnited States
Founded1981
IndustryFire, Marine & Casualty Insurance
SectorFinancial Services
Employees716
CEORichard S. Kahlbaugh

Contact Details

Address:
10751 Deerwood Park Blvd., Suite 200
Jacksonville, FL 32256
United States
Phone(866) 961-9529
Websitefortegra.com

Stock Details

Ticker SymbolFRF
ExchangeNASDAQ
Fiscal YearJanuary - December
Reporting CurrencyUS Dollars
CIK Code1841612

Key Executives

NamePosition
Michael G. Barnes Chairman of the Board and Compensation, Nominating and Governance Committee Chairman
Jonathan Ilany Director
Richard S. Kahlbaugh President and Chief Executive Officer and Director
Michael F. Grasher Executive Vice President and Chief Financial Officer
Mark E. Rattner Executive Vice President and Chief Underwriter & Product Management, Specialty & Credit

Latest SEC Filings

DateTypeTitle
Apr 28, 2021RWRegistration Withdrawal Request
Apr 20, 2021S-1/AGeneral form for registration of securities under the Securities Act of 1933
Apr 7, 2021S-1/AGeneral form for registration of securities under the Securities Act of 1933
Mar 15, 2021S-1General form for registration of securities under the Securities Act of 1933
Mar 11, 2021DRS/ADraft Registration Statement
Jan 27, 2021DRSDraft Registration Statement
View All SEC Filings