Tiptree Inc at Barclays Global Financial Services Conference Transcript
Welcome, everyone. I'm Tracy Benguigui, Insurance Analyst at Barclays and I'm pleased to introduce Fortegra. To my right, I have Rick Kahlbaugh, CEO; and Mike Grasher, CFO. And they have a presentation. Thank you.
Thank you, Tracy. I won't try and pronounce your last name. So I'm wondering how many of you are aware that Fortegra's gross written premium equivalent in excess of (inaudible). I'm wondering how many of you know that this hidden gem operates in the U.S. and Europe? I also wonder how many of you know that Fortegra's bond ratio since I've joined the company in 2003, which was less than 95% over 20 years of underwriting profit.
I'm wondering how many of you know that Fortegra is, if not the largest, certainly one of the largest stores supporting the embedded insurance initiatives, a process that we've been involved in for over 40 years. Fortegra is truly a hidden gem. We are a specialty insurer with over 40 years in business. We underwrite and
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