Skyward Specialty Insurance Group (SKWD) Announces Proposed IPO

Skyward Specialty Insurance Group (NASDAQ: SKWD) has filed for a proposed IPO.

The company describes itself as: "We are a growing specialty insurance company delivering commercial property and casualty (“P&C”) products and solutions on a non-admitted (or excess and surplus (“E&S”)) and admitted basis, predominantly in the United States. We focus our business on markets that are underserved, dislocated and/or for which standard insurance coverages are insufficient or inadequate to meet the needs of businesses, including our customers and prospective customers operating in these markets. Our customers typically require highly specialized, customized underwriting solutions and claims capabilities. As such, we develop and deliver tailored insurance products and services to address each of the niche markets we serve."

Barclays​ and Keefe, Bruyette & Woods will serve as lead underwriters. Piper Sandler, JMP Securities, Truist Securities and Raymond James will be joint bookrunners.

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