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Skyward Specialty Insurance Group SKWD · USD

Financials · US listing · 🇺🇸 United States

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59.80

-0.91%

Close of 9 Nov 2026, in USD

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About Skyward Specialty Insurance Group

From its filings with the US Securities and Exchange Commission

SEC filings

Skyward Specialty Insurance Group is based in Houston, Texas and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker SKWD. The SEC classifies its business as fire, marine & casualty insurance. In the fiscal year to 31 December 2025, it reported revenue of $1.42bn and net income of $170.0m. At that date it held total assets of $4.79bn and shareholders' equity of $1.01bn.

In its own words

We are a growing specialty insurance company delivering commercial insurance products and solutions on a non-admitted (or 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.

Our portfolio of insured risks is highly diversified—we insure customers operating in a wide variety of industries; we distribute through multiple channels; we write multiple lines of business, including general liability, excess liability, professional liability (including cyber and media liability insurance), commercial auto, group accident and health, property, agriculture, credit, surety and workers’ compensation; we insure both short and medium duration liabilities; and our business mix is principally primary insurance and balanced between E&S and admitted markets. A portion of our business is specialty reinsurance (principally property, agriculture and credit) which is similarly focused on attractive specialty classes where we believe it is more efficient to approach these classes through reinsurance given factors such as cost of entry, including the costs of geographic expansion.

Quoted from its 10-K, filed 2 Mar 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Financials
Industry
Insurance
Listed since
13 Jan 2023
Employees
611
Head office
800 GESSNER, HOUSTON, TX, 77024
Incorporated in
DE
Classification
Fire, Marine & Casualty Insurance
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. Andrew RobinsonChairman of the Board, Chief Executive Officer, since 2020$4.6m
  • Mr. Mark HaushillChief Financial Officer, Executive Vice President$1.4m
  • Mr. Thomas SchmittChief People and Administrative Officer
  • Mr. John BurkhartExecutive Vice President, President - Specialty Lines and Industry Solutions$1.3m
  • Mr. Sean DuffyExecutive Vice President, Chief Claims Officer
  • Mr. Kirby HillExecutive Vice President, Chairman - Captives and Specialty Programs$862,860
  • Mr. Sandip KapadiaExecutive Vice President, Chief Actuary and Analytics Officer$859,522
  • Mr. Daniel BodnarSenior Vice President, Chief Information and Technology Officer
  • Mr. S. Shakoor KhanSenior Vice President - Corporate Development and Strategy
  • Ms. Patricia RyanGeneral Counsel
  • Mr. Anthony KuczinskiLead Independent Director$202,628
  • Ms. Gena AsheIndependent Director$187,628

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
25
Environment
2
Social
57
Governance
16
Carbon reduction policy
No
Human rights policy
No

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Skyward Specialty Insurance Group employs 611 employees in the Financials sector.
  • The company operates eight underwriting divisions including Accident & Health and Captives.
  • Skyward's subsidiaries include Houston Specialty Insurance Company and Imperium Insurance Company.

Weaknesses

  • Skyward's IPO listing date is 13 January 2023, a recent market entry.
  • The company's business is predominantly focused on the United States market.
  • Skyward's employee count is 611, which is relatively small for a Financials firm.

Opportunities

  • Skyward's Accident & Health division targets organizations with less than 2,500 employees.
  • The company's Captives division offers group captive solutions for self-insuring companies.
  • Skyward's Global Property division provides commercial property casualty solutions internationally.

Threats

  • Skyward's business is limited to the United States market, facing domestic competition.
  • The company's IPO was on 13 January 2023, making it a new market entrant.
  • Skyward's employee count of 611 may limit its capacity for large-scale operations.

Sources and methodology

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