Company American Coastal Insurance Corporation

Equities

ACIC

US9107101027

Property & Casualty Insurance

Market Closed - Nasdaq 04:30:00 2024-03-28 pm EDT 5-day change 1st Jan Change
10.69 USD +0.66% Intraday chart for American Coastal Insurance Corporation -1.57% +13.00%

Business Summary

American Coastal Insurance Corporation is the holding company of the insurance carrier, American Coastal Insurance Company. The Company is primarily engaged in the commercial and personal property and casualty insurance business with investments in the United States. Its primary products are commercial and homeowners' residential property insurance. It has two segments: commercial residential property and casualty insurance policies (commercial lines) and personal residential property and casualty insurance policies (personal lines). Its personal lines business provides structure, content and liability coverage for standard single-family homeowners, renters and condominium unit owners, through its subsidiary Interboro Insurance Company. Personal residential products are offered in New York. Its commercial lines business primarily provides commercial multi-peril property insurance for residential condominium associations and apartments in Florida, through its subsidiary AmCoastal.

Number of employees: 71

Sales per Business

USD in Million2022Weight2023Weight Delta
Commercial
88.4 %
219 47.5 % 253 88.4 % +15.11%
Personal
11.6 %
243 52.5 % 33 11.6 % -86.39%
Adjustments
0.0 %
0 0.0 % 0 0.0 % +76.79%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
462 100.0 % 286 100.0 % -38.15%

Managers

Managers TitleAgeSince
Chief Executive Officer 61 17-02-21
President 52 12-09-30
Chief Operating Officer 48 18-10-14
General Counsel 47 19-12-31
Sales & Marketing - 12-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 76 08-09-29
Director/Board Member 76 08-09-29
Director/Board Member 76 08-09-29
Director/Board Member 69 12-03-13
Director/Board Member 81 13-05-29
Director/Board Member 74 17-03-30
Director/Board Member 63 12-03-13
Chief Executive Officer 61 17-02-21
Director/Board Member 74 17-03-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 48,011,548 23,638,228 ( 49.23 %) 212,083 ( 0.4417 %) 49.23 %

Shareholders

NameEquities%Valuation
17,336,336 39.49 % 242 M $
2,287,099 5.210 % 32 M $
1,549,944 3.531 % 22 M $
BlackRock Advisors LLC
3.086 %
1,354,835 3.086 % 19 M $
Invesco Capital Management LLC
3.032 %
1,331,089 3.032 % 19 M $
Tieton Capital Management LLC
2.999 %
1,316,396 2.999 % 18 M $
973,595 2.218 % 14 M $
Coastline Square LLC
2.096 %
920,000 2.096 % 13 M $
Vanguard Fiduciary Trust Co.
1.984 %
870,936 1.984 % 12 M $
Empyrean Capital Partners LP
1.709 %
750,000 1.709 % 10 M $

Company contact information

American Coastal Insurance Corp.

800 2nd Avenue South

33701, St. Petersburg

+727 633 0851

http://www.upcinsurance.com
address American Coastal Insurance Corporation(ACIC)
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