Hamilton Insurance Group, Ltd.
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Hamilton Insurance Group, Ltd. - overview
Location
Pembroke, -, Bermuda
Primary Industry
Insurance
About
Hamilton Insurance Group, Ltd. is a Bermuda-based specialty insurance and reinsurance provider, delivering tailored risk solutions through innovative underwriting platforms on a global scale. Founded in Pembroke, Bermuda, Hamilton Insurance Group, Ltd. specializes in underwriting specialty insurance and reinsurance products.
The firm operates without known subsidiaries and has made significant strides in its business model. The company's leadership includes CEOs Anita Kuchma, Megan Thomas, and Pina Albo. Hamilton has successfully raised USD 200. 00 mn in total funding, with its most recent deal being an EXIT in November 2023.
Hamilton offers a diversified portfolio of specialty insurance and reinsurance products through its three main underwriting platforms: Hamilton Global Specialty, Hamilton Select, and Hamilton Re. These platforms are designed to underwrite a range of risks on a global scale, addressing the needs of various sectors including property, casualty, and specialty lines. The company's product offerings focus on delivering tailored solutions that meet the specific needs of clients, which include businesses and institutions in various industries. Hamilton serves a broad client base across international markets, utilizing advanced data analytics and technology to enhance underwriting accuracy and efficiency.
Hamilton generated revenue of USD 1,318. 53 mn in 2023, with EBITDA recorded at USD 289. 07 mn for the same year. The company engages in B2B transactions where it partners with businesses, brokers, and agents to deliver tailored insurance solutions, collecting premiums for coverage provided across various structured arrangements.
In November 2023, Hamilton Insurance Group, Ltd. raised USD 255 mn in an IPO, selling 15 million shares at USD 15 per share on the New York Stock Exchange under the ticker symbol "HG". This funding is expected to support the development of new products and expansion into additional geographic markets, aiming to enhance the firm's footprint and product offerings in the specialty insurance sector.
Current Investors
Blackstone Group, Capital Z Partners, Sagard Private Equity Solutions
Primary Industry
Insurance
Sub Industries
Insurance
Website
www.hamiltongroup.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Hamilton Insurance Group, Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| IPO | Completed | Hamilton Insurance Group, Ltd. | - | ||||||||
| Unspecified Exit | Completed | Hamilton Insurance Group, Ltd. | - | ||||||||
| Add-on | Completed | Kinetic Insurance Brokers Limited | - | ||||||||
| Add-on | Completed | Sportscover Underwriting Limited | - | ||||||||
| Secondary Buyout | Completed | Hamilton Insurance Group, Ltd. | - |
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