Tiptree Inc (NAS:TIPT)
$ 17.21 0.03 (0.17%) Market Cap: 633.08 Mil Enterprise Value: 568.08 Mil PE Ratio: 30.19 PB Ratio: 1.49 GF Score: 79/100

Tiptree Inc Announces Strategic Investment In Fortegra From Warburg Pincus LLC Call Transcript

Oct 12, 2021 / 01:00PM GMT
Release Date Price: $14.22 (+32.28%)
Operator

Greetings, and welcome to the Tiptree Inc. Investor Call. (Operator Instructions) As a reminder, this conference is being recorded. It is now my pleasure to introduce Chief Financial Officer, Sandra Bell. Thank you, you may begin.

Sandra E. Bell
Tiptree Inc. - CFO & Principal Accounting Officer

Thank you, and good morning to everyone. This morning, we issued a news release announcing a strategic investment from Warburg Pincus into our insurance subsidiary, the Fortegra Group. Joining me today are Michael Barnes, our Executive Chairman; and Jonathan Ilany, our Chief Executive Officer.

On today's call, we will discuss the strategic rationale for the investment and its significance to Tiptree. In addition to the news release, our investor presentation and 8-K filing are available on our website, tiptreeinc.com. Please note that some of our comments today will contain forward-looking statements based on our current view of our business and actual future results may differ materially. Please see our most recent SEC filings, which identify the principal

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