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TAMPA - American Integrity Insurance Group, Inc. (NYSE:AII), a residential property insurer with a market capitalization of $373 million, has exceeded 15,000 policies-in-force in South Carolina, the company announced in a press release Friday.
The milestone comes as part of the company’s expansion in the Southeast region following its initial public offering and listing on the New York Stock Exchange earlier this year. American Integrity reported its total policies-in-force have reached more than 400,000, representing a 50% increase year-over-year as of August 1, 2025. InvestingPro data shows the company generated $260 million in revenue over the last twelve months, with a healthy EBITDA of $87 million.
"We didn’t just enter South Carolina—we earned our way in," said Bob Ritchie, Founder and CEO of American Integrity. "We’ve been selective. We’ve grown with trusted agency partners, and we’ve remained committed to profitable underwriting every step of the way."
Founded in 2006 and headquartered in Tampa, American Integrity specializes in residential property insurance across the Southeastern United States. The company claims its growth strategy is built on a vertically integrated platform covering underwriting, pricing, distribution, and claims management.
According to the press release, the insurer maintains a conservative reinsurance program and a debt-free balance sheet. The company states it employs proprietary data-driven risk segmentation in its underwriting process. InvestingPro analysis confirms the company’s strong financial position, with a current ratio of 1.51 indicating liquid assets comfortably exceed short-term obligations. For deeper insights into AII’s financial health and growth prospects, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro.
American Integrity Insurance Group was founded in 2006 and completed its initial public offering earlier in 2025. The company focuses on residential property insurance in Southeastern states.
In other recent news, American Integrity Insurance Group reported its second-quarter 2025 earnings with impressive results. The company achieved an adjusted earnings per share (EPS) of $1.84, exceeding analyst expectations. Revenue reached $287 million, driven by a significant increase in gross premiums written. The company saw a 61% year-over-year revenue growth and a 29% increase in gross premium written, attributed to strong new business and improved retention rates.
Analysts have responded positively to these results, with Raymond James raising its price target for the company to $22 from $20 while maintaining an Outperform rating. Similarly, Piper Sandler increased its price target to $22, maintaining an Overweight rating, citing lower catastrophe losses and favorable reserve development as key factors. These developments reflect investor confidence in American Integrity Insurance’s growth potential.
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