Research Options:

Week of Expected Pricing 7/18/2024
Company Name TWFG INC
Proposed Ticker TWFG
CUSIP 87318A101
Business Description We are a leading, high-growth, independent distribution platform for personal and commercial insurance in the United States. We are pioneers in the insurance industry, developing an agency model built on innovation and experience with what we believe is a more flexible approach than traditional distribution models. Our offerings are fulsome and flexible in that we offer all lines of insurance, multiple distribution contract options, M&A services, proprietary virtual assistants, proprietary technology, proprietary premium financing, unlimited continuing education, recognition programs, co-op funding, marketing support and overall lower costs to operate. Since our founding in 2001 by our Chief Executive Officer, Richard F. (“Gordy”) Bunch III, we have established a track record of creating solutions for independent agents, insurance carriers and our Clients, with sustainable growth regardless of economic and P&C pricing cycles. Our business model, developed by agents for agents, serves over 2,400 TWFG Agencies and offers a distinctive level of autonomy and entrepreneurial opportunity. We provide TWFG Agencies with resources, technology, training and insurance carrier access to succeed in an increasingly complex market. TWFG Agencies leverage our platform, long-standing relationships with insurance carriers and brand recognition in personal and commercial insurance products to win business and tailor coverage to meet our Clients’ specific needs. We operate on a singular, integrated agency management system that equips TWFG Agencies with advanced tools for efficient Client management, policy management and communication in a cost-effective manner.
Lead Underwriter J.P. Morgan Securities LLC,Morgan Stanley & Co. LLC
Co-Managers BMO Capital Markets Corp,Dowling & Partners Securities LLC,Keefe, Bruyette & Woods, Inc,Piper Sandler & Co,RBC Capital Markets, LLC,UBS Investment Bank,William Blair & Company, L.L.C.
Initial Shares 11,000,000
Revised Initial Shares N/A
Initial Price $14.00-$16.00
Revised Price N/A
Final Price $17.00
Final Ticker TWFG

 

 

   
  © 2024 ICE Data Services. All rights reserved.