Surplus insurance company Ategrity Specialty (ASIC.US) applies for listing in the United States with plans to raise $100 million.

Ategrity Specialty Insurance filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC) on Monday to provide commercial excess and surplus lines insurance for small and medium-sized businesses in the United States, aiming to raise up to $100 million. The company plans to list on the New York Stock Exchange under the stock symbol "ASIC". Founded in 2018, Ategrity Specialty Insurance is a professional property and casualty insurance company focusing on the surplus lines market. As of December 31, 2024, the company has a network of 460 distribution partners, providing more trading opportunities and diversification of business sources. The company currently focuses on the real estate, hotel, construction, and retail verticals. Data shows that the company had a 12-month revenue of $344 million as of December 31, 2024.