Palomar Holdings, Inc. PLMR

Company Overview

Palomar Holdings, Inc. is a U.S.-based specialty insurance holding company focused primarily on property and casualty insurance products for catastrophe-related risks and other niche markets. The company operates through its principal insurance subsidiary, Palomar Specialty Insurance Company, and underwrites coverage in areas where traditional insurers often limit capacity or pricing flexibility. Its core business lines include residential and commercial earthquake insurance, inland marine and fronting services, excess and surplus lines products, casualty insurance, and specialty homeowners coverage. Revenue is generated primarily through gross written premiums, reinsurance arrangements, and investment income derived from its underwriting operations.

The company serves individual policyholders, businesses, and insurance distribution partners across the United States through relationships with retail agents, wholesale brokers, program administrators, and carrier partners. Palomar was founded in 2014 and completed its initial public offering in 2019. The company has positioned itself as a technology-enabled specialty insurer with a focus on analytics-driven underwriting, disciplined risk selection, and reinsurance optimization. Public filings and investor disclosures consistently describe its strategy as targeting underserved or dislocated insurance markets with scalable specialty products.