Trean Insurance Group, Inc. is a full-service insurance management and reinsurance consulting company. With its seasoned team of insurance and reinsurance accounting, claims, data, regulatory, and underwriting professionals, Teran Insurance Group, Inc. has the expertise to consult on all aspects of your insurance operations. Trean Insurance Group, Inc. prides itself on being relationship-driven and a true business partner—one that listens to the needs of our clients. As a one-stop shop for insurance and reinsurance services, Trean Insurance Group can help you achieve your goals and develop profitable business.
Company profile
Website
CEO
Andrew M. O'Brien
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Benchmark Holding Company • Benchmark Insurance Company • American Liberty Insurance Company, Inc. • 7710 Insurance Company • Benchmark Specialty Insurance Company • Trean Corporation • Benchmark Administrators, LLC • Trean Reinsurance Services, LLC • Westcap Insurance Services, LLC • Western Integrated Care, LLC ...
IRS number
844512647
Latest filings (excl ownership)
15-12G
Securities registration termination
1 May 23
S-8 POS
Registration of securities for employees (post-effective amendment)
21 Apr 23
SC 13E3/A
Going private transaction (amended)
21 Apr 23
8-K
Altaris Completes Acquisition of Trean Insurance Group
21 Apr 23
25-NSE
Exchange delisting
21 Apr 23
8-K
Trean Insurance Group Receives Stockholder Approval of Proposed Merger
18 Apr 23
10-K/A
2022 FY
Annual report (amended)
13 Apr 23
SC 13E3/A
Going private transaction (amended)
12 Apr 23
DEFA14A
Additional proxy soliciting materials
12 Apr 23
DEFA14A
Additional proxy soliciting materials
12 Apr 23
Transcripts
Earnings call transcript
2022 Q3
5 Nov 22
Earnings call transcript
2022 Q2
7 Aug 22
Earnings call transcript
2022 Q1
8 May 22
Earnings call transcript
2021 Q4
10 Mar 22
Earnings call transcript
2021 Q3
13 Nov 21
Earnings call transcript
2021 Q2
12 Aug 21
Earnings call transcript
2021 Q1
12 May 21
Earnings call transcript
2020 Q2
27 Aug 20
Latest ownership filings
Financial summary
Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
Net profit margin | ||||
Cash on hand | ||||
Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 109.07 mm | 109.07 mm | 109.07 mm | 109.07 mm | 109.07 mm | 109.07 mm |
Cash burn (monthly) | (no burn) | 1.74 mm | (no burn) | (no burn) | 12.24 mm | 7.54 mm |
Cash used (since last report) | n/a | 36.44 mm | n/a | n/a | 255.93 mm | 157.77 mm |
Cash remaining | n/a | 72.63 mm | n/a | n/a | -146.86 mm | -48.70 mm |
Runway (months of cash) | n/a | 41.7 | n/a | n/a | -12.0 | -6.5 |
Institutional ownership, Q3 2021
98.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 56 |
Opened positions | 11 |
Closed positions | 15 |
Increased positions | 16 |
Reduced positions | 23 |
13F shares | Current |
---|---|
Total value | 611.38 mm |
Total shares | 50.21 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Altaris Partners | 28.27 mm | $370.40 mm |
Blake Baker | 5.11 mm | $66.93 mm |
Royce & Associates | 4.44 mm | $46.00 mm |
JHG Janus Henderson | 1.94 mm | $20.08 mm |
Vaughan Nelson Investment Management | 1.50 mm | $15.54 mm |
Silvercrest Asset Management | 1.18 mm | $12.17 mm |
Schroder Investment Management | 1.05 mm | $10.86 mm |
BLK BlackRock | 998.51 k | $10.34 mm |
Vanguard | 812.85 k | $8.41 mm |
Blair William & Co | 792.11 k | $8.20 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
21 Apr 23 | Nicholas J. Vassallo | Common Stock | Sale back to company | Dispose D | No | No | 6.15 | 22,978 | 141.31 k | 0 |
21 Apr 23 | Nicholas J. Vassallo | Common Stock | Grant | Acquire A | No | No | 0 | 5,994 | 0.00 | 22,978 |
21 Apr 23 | Terry P. Mayotte | Common Stock | Sale back to company | Dispose D | No | No | 6.15 | 7,872 | 48.41 k | 0 |
21 Apr 23 | Randall D. Jones | Common Stock | Sale back to company | Dispose D | No | No | 6.15 | 141,064 | 867.54 k | 0 |
21 Apr 23 | Steven B. Lee | Common Stock | Sale back to company | Dispose D | Yes | No | 6.15 | 97,935 | 602.30 k | 0 |
21 Apr 23 | Steven B. Lee | Common Stock | Sale back to company | Dispose D | Yes | No | 6.15 | 906,016 | 5.57 mm | 0 |
21 Apr 23 | Steven B. Lee | Common Stock | Sale back to company | Dispose D | No | No | 6.15 | 64,955 | 399.47 k | 0 |
21 Apr 23 | Mary A Chaput | Common Stock | Sale back to company | Dispose D | No | No | 6.15 | 7,872 | 48.41 k | 0 |