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TWFG Priced, Nasdaq: TWFG

P&C insurance broker with a focus on personal and small business.

Industry: Financials

Latest Trade: $22.61 0.00 (0.0%)

First Day Return: +29.5%

Return from IPO: +33.0%

Industry: Financials

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, 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.
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IPO Data
IPO File Date 06/24/2024
Offer Price $17.00
Price Range $14.00 - $16.00
Offer Shares (mm) 11.0
Deal Size ($mm) $187
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/17/2024
Offer Price $17.00
Price Range $14.00 - $16.00
Offer Shares (mm) 11.0
Deal Size ($mm) $187
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
J.P. Morgan
Morgan Stanley
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Company Data
Headquarters The Woodlands, TX, United States
Founded 2001
Employees 264
Website www.twfg.com

TWFG (TWFG) Performance