Ategrity expects $205m GWP with CoR under 87% for Q2’26

ategrity logo new

Ategrity Specialty Insurance Company Holdings reported preliminary financial results for the second quarter of 2026, with gross written premiums (GWP) exceeding $205 million and a combined ratio below 87%.

According to Ategrity, a New York-based specialty insurance company and a unit of Zimmer Financial Services Group LLC., the results beat the company’s previously communicated outlook and current analyst consensus expectations.

Ategrity expects to report record numbers across all core financial metrics in the second quarter of 2026, driven by broad-based growth across its property and casualty lines.

The specialty insurer reported GWP growth of 22% year-on-year, reflecting accelerated market share gains and exceeding the standard excess and surplus (A&S) stamped office benchmark.

Its combined ratio is expected to be better than the company’s previously announced guidance, indicating strong underwriting profitability.

Additionally, Ategrity expects second-quarter 2026 diluted earnings per share to hit a record high of over $0.60. This would exceed the current average analyst estimate of diluted earnings of $0.47 per share, with shareholder net profit increasing by more than 75% year-over-year.

CEO Justin Cohen said: “We are pleased to achieve another record high in volume, underwriting profitability and earnings in a quarter where industry growth remains challenging.

“Our results reflect the strength of our differentiated underwriting platform, the scalability of our operating model and our ability to capture market share while expanding profitability.”

“Our team delivered record total written premiums while maintaining technical underwriting standards, and our underwriting performance continues to improve,” said Chris Schenk, president and chief underwriting officer. “Growth was broad-based, with growth of more than 20% in both property and casualty lines.”

See also  Lemonade partners with Tesla to launch autonomous car insurance

“Our established strategy and products continue to contribute significantly, while new initiatives, including our New England strategy and recently launched products, are beginning to contribute meaningfully. We are also benefiting from the market’s heightened focus on terms and conditions, particularly in the mid-market segment. Our strategy is to provide insureds with the coverage they need at fair, technically sound rates. We are well positioned to capture market share as insureds demonstrate a new willingness to pay for insurance certainty.”

Ategrity also announced the appointment of Neil Adler as chief financial officer. He will report directly to CEO Justin Cohen and oversee the company’s entire financial organization.

Adler brings more than a decade of finance and accounting experience to Ategrity. From January 2026, he serves as Chief Financial Officer of Zimmer Financial Services Group.

The executive, who began his career at Deloitte, has also served as chief financial officer of Zimmer Partners since August 2025, having previously served as director of finance and director of accounting and operations.

“I am delighted that Neil has agreed to join Ategrity,” said Cohen. “Neil combines strong financial discipline with a deep understanding of our business and operating model. Working closely with him over the past seven years, I have witnessed firsthand his ability to build scalable financial processes, optimize capital allocation, and support profitable growth. Neil has been a trusted advisor since Ategrity’s founding in 2018, and I believe he is the right leader to help us achieve our next phase of growth as we continue to expand our platform.”

See also  Zurich Resilience Solutions launches specialised Data Center Risk Advisory practice

Adler will replace Neelam Patel after his employment agreement expired and was not renewed.

Spread the love

Leave a Reply

Your email address will not be published. Required fields are marked *