Transcript : Skyward Specialty Insurance Group, Inc., Q2 2024 Earnings Call, Aug 06, 2024 (2024)

FAQs

What does Skyward Specialty insurance do? ›

Skyward Specialty is a rapidly growing and innovative specialty insurance company, delivering commercial P&C products and solutions on a non-admitted and admitted basis.

About Skyward Specialty

Skyward Specialty is a property and casualty insurance holding company formed in 2007 with nearly a billion dollars in premium and $2BN in assets.

Rated “A (Excellent)” with a stable outlook by AM Best, we are nimble and adaptable and leverage technology to enable superior risk selection and claims delivery.

Specialty insurance is not a one-stop solution; rather, it's a bespoke approach to mitigating specific risks. Unlike standard coverage, specialty policies are crafted to address the unique needs of businesses or individuals facing uncommon or heightened risks.

Specialty insurance is designed to cover rare and/or expensive specialty items or events. There are specialty insurance carriers that cover leisure activities and travel for consumers. Others cover specialty items like boats, classic cars, jet skis, etc.

About Skyward Specialty

Skyward Specialty's subsidiary insurance companies consist of Houston Specialty Insurance Company, Imperium Insurance Company, Great Midwest Insurance Company, and Oklahoma Specialty Insurance Company. These insurance companies are rated A- (Excellent) with positive outlook by A.M. Best Company.

The first insurance company in the U.S. dates back to colonial days: the Philadelphia Contributionship, co-founded by Ben Franklin in 1752. Throughout U.S. history, new types of insurance have evolved as new risks (such as the automobile) have emerged.

FSIC is a member of an Insurance Holding Company System, as defined by Section 382.010 RSMo (Definitions). FSIC is part of the Swiss Re Group. The Swiss Re Group is a wholesale provider of reinsurance, insurance, and other insurance-based forms of risk transfer.

Skyward Specialty Insurance Group's CEO is Andrew Robinson, appointed in May 2020, has a tenure of 4.25 years. total yearly compensation is $9.18M, comprised of 8.7% salary and 91.3% bonuses, including company stock and options. directly owns 0.21% of the company's shares, worth $3.18M.

When did Skyward go public? ›

In January 2023, Skyward Specialty listed on the Nasdaq Global Select Market (the “NASDAQ”) under the ticker symbol “SKWD”.

Skyward has access to every grade for every course that a student takes. You can modify how those grades are displayed as the school year progresses. Grades can be displayed by the grading period, by the semester, or by the year. GPA and class rank can also be displayed as well.

Employees: Blue Cross and Blue Shield of Florida is one of Jacksonville's largest premium employers and a major force in both the local and state economy. Statewide, the company provides employment for approximately 6,500 individuals in Jacksonville, Miami, Ft. Lauderdale, Orlando, Tampa and Pensacola.

Our parent company is Kinsale Capital Group, a publicly-traded specialty insurance company focused exclusively on the excess and surplus lines market.

Overall, if you enjoy continuous development, then you're likely to experience a lot of job satisfaction in this career path. Related: How Much Do Insurance Agents Make?

As of December 31, 2023, the company is licensed in Texas, and operated on a non-admitted basis in all fifty (50) states and the District of Columbia.

It details the winds and clouds of the northern regions and contains the powers of the sky and wind. Skyward Atlas is a 5-Star catalyst. It is part of the Mondstadt Series.