Articles from Skyward Specialty Insurance Group, Inc.

HOUSTON, March 14, 2025 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (Nasdaq: SKWD) ("Skyward Specialty" or "the Company") a leader in the specialty property and casualty (P&C) market, has recruited Patricia Ryan as the Company’s new General Counsel effective Tuesday, April 1 following the upcoming retirement of Leslie Shaunty, Skyward Specialty’s long-time General Counsel, after nearly 12 years of dedicated service. Ms. Shaunty will continue through the end of 2025 in a support and transition capacity.

HOUSTON, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (Nasdaq: SKWD) (“Skyward Specialty” or the “Company”) today reported fourth quarter 2024 net income of $14.4 million, or $0.35 per diluted share, compared to $29.3 million, or $0.74 per diluted share, for the same 2023 period. Net income for the year ended 2024 was $118.8 million, or $2.87 per diluted share, compared to $86.0 million, or $2.24 per diluted share, for the same 2023 period.

HOUSTON, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (Nasdaq: SKWD) (“Skyward Specialty” or the “Company”) today announced that it commuted the Loss Portfolio Transfer and Adverse Development and Retrocession Agreement (“LPT”) with R&Q Re (Bermuda) Ltd. ("R&Q") related to accident years 2018 and prior. The Company received $11.7 million in cash. Additionally, at December 31, 2024 the Company strengthened LPT loss reserves by $25.3 million and recognized approximately $9.8 million, net of tax, of uncollectible reinsurance recoverable from R&Q.

HOUSTON, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") expects to issue its fourth quarter 2024 earnings results after the market closes on Tuesday, February 25th which will be available on the Company website at investors.skywardinsurance.com/ under Quarterly Results.

HOUSTON, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (Nasdaq: SKWD) ("Skyward Specialty" or "the Company"), a leader in the specialty property and casualty (P&C) market, today announced the launch of its new Life Sciences liability coverage. The strategic addition to the Company's Healthcare Solutions underwriting unit offers comprehensive and adaptable protection specifically tailored to meet the unique needs of the life sciences industry.

HOUSTON, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (Nasdaq: SKWD) (“Skyward Specialty” or the “Company”) today reported third quarter 2024 net income of $36.7 million, or $0.89 per diluted share, compared to $21.7 million, or $0.57 per diluted share, for the same 2023 period. Net income for the first nine months of 2024 was $104.4 million, or $2.53 per diluted share, compared to $56.7 million, or $1.50 per diluted share, for the same 2023 period.

HOUSTON, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") today announced a time change of its previously announced third quarter earnings call. The conference call and webcast will still be held on Wednesday, October 30, but will now begin at 9:30 a.m. EDT, rather than the previously scheduled time of 8:30 a.m EDT.

HOUSTON, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") expects to issue its third quarter 2024 earnings results after the market closes on Tuesday, October 29 which will be available on the Company website at investors.skywardinsurance.com/ under Quarterly Results.

HOUSTON, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (Nasdaq: SKWD) ("Skyward Specialty" or "the Company"), a leader in the specialty property and casualty (P&C) market, announced the expansion of its renewable energy solutions.

HOUSTON, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (Nasdaq: SKWD) ("Skyward Specialty" or "the Company"), a leader in the specialty property and casualty (P&C) market, is proud to announce it has been recognized as one of the Best Places to Work in Insurance for 2024, as determined by Business Insurance and Best Companies Group, for its second consecutive year. This prestigious award underscores Skyward Specialty's ongoing commitment to cultivating an exceptional workplace culture that fosters innovation, inclusion and professional growth.

HOUSTON, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (Nasdaq: SKWD) ("Skyward Specialty" or "the Company") a leader in the specialty property and casualty (P&C) market, and Acceleration Aviation Underwriters, Inc. (“Acceleration Aviation”) have partnered to bring comprehensive coverage solutions to an array of aviation-related businesses.

HOUSTON, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (NASDAQ: SKWD) ("Skyward Specialty" or "the Company"), a leader in the specialty property and casualty (P&C) market, announced the strategic addition of key surety professionals as it continues to strengthen its regional Contract Surety teams.

HOUSTON, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (Nasdaq: SKWD) ("Skyward Specialty" or "the Company") a leader in the specialty property and casualty (P&C) market, announced its entry into the mortgage (re)insurance market.

HOUSTON, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (Nasdaq: SKWD) (“Skyward Specialty” or the “Company”) today reported second quarter 2024 net income of $31.0 million, or $0.75 per diluted share, compared to $19.5 million, or $0.51 per diluted share, for the same 2023 period. Net income for the first half of 2024 was $67.8 million, or $1.65 per diluted share, compared to $35.0 million, or $0.93 per diluted share, for the same 2023 period.

HOUSTON, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (Nasdaq: SKWD) ("Skyward Specialty" or "the Company") a leader in the specialty property and casualty (P&C) market, today reported that A.M. Best Company (“AM Best”) upgraded the Financial Strength Rating (FSR) of its subsidiary insurance companies, Houston Specialty Insurance Company, Imperium Insurance Company, Great Midwest Insurance Company, and Oklahoma Specialty Insurance Company, to an “A” (Excellent) X rating with a stable outlook.

HOUSTON, July 29, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (Nasdaq: SKWD) ("Skyward Specialty" or "the Company") a leader in the specialty property and casualty (P&C) market, announced today that the Company has added key talent to expand its Healthcare Solutions portfolio and broaden its Transactional Property E&S underwriting units.

HOUSTON, July 10, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") expects to issue its second quarter 2024 earnings results after the market closes on Monday, August 5 which will be available on the Company website at investors.skywardinsurance.com/ under Quarterly Results.

HOUSTON, June 11, 2024 (GLOBE NEWSWIRE) -- U.S. News & World Report (“US News”), the global authority in rankings and consumer advice, has named Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) (“Skyward Specialty” or the “Company”), one of the 2024-2025 Best Companies to Work For. Skyward Specialty, a leader in the specialty property and casualty market, was rated among the top companies in its region based on publicly available information about how the Company supports the everyday experience of its employees.

HOUSTON, June 04, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company"), a leader in the specialty property and casualty (P&C) market, announced today it has recruited three top media liability professionals, further expanding the Company’s Media Liability team following its impressive reception by the market after entering as a primary carrier just two months ago.

HOUSTON, May 06, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (NASDAQ: SKWD) (“Skyward Specialty” or the “Company”) a leader in the specialty property and casualty (“P&C”) market, announced the pricing of its secondary offering of 4,400,000 shares being offered by The Westaim Corporation, through its wholly-owned subsidiary, Westaim HIIG GP Inc. (the “Selling Stockholder”) at $36.50. In connection with the offering, the Selling Stockholder has also granted the underwriters a 30-day option to purchase up to an additional 660,000 shares of Skyward Specialty's common stock. The Selling Stockholder will hold 4.80% and 6.45% in Skyward Specialty, assuming full and no exercise of the underwriters’ option to purchase the additional shares, respectively.

HOUSTON, May 06, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (NASDAQ: SKWD) (“Skyward Specialty” or the “Company”) a leader in the specialty property and casualty (“P&C”) market, announced that The Westaim Corporation (“Westaim”), through its wholly-owned subsidiary, Westaim HIIG GP Inc. (the “Selling Stockholder”) is offering 4,400,000 shares of the Company’s common stock in an underwritten secondary public offering. In connection with the offering, the Selling Stockholder has also granted the underwriters a 30-day option to purchase up to an additional 660,000 shares of Skyward Specialty's common stock. The Selling Stockholder will be a 4.80% and 6.45% shareholder in Skyward Specialty, assuming full and no exercise of the underwriters’ option to purchase the additional shares, respectively.

HOUSTON, May 01, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (Nasdaq: SKWD) (“Skyward Specialty” or the “Company”) today reported first quarter 2024 net income of $36.8 million, or $0.90 per diluted share, compared to $15.6 million, or $0.42 per diluted share. for the same 2023 period.

HOUSTON, April 08, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") expects to issue its first quarter 2024 earnings results after the market closes on Wednesday, May 1, which will be available on the Company website at investors.skywardinsurance.com/ under Quarterly Results.

HOUSTON, March 26, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) ("Skyward Specialty") a leader in the specialty property and casualty market, and New Heights Insurance Solutions (“New Heights”), a division of Specialty Program Group LLC, announced a strategic partnership to expand crane and millwright capabilities for both companies.

HOUSTON, March 07, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (NASDAQ: SKWD) ("Skyward Specialty" or "the Company"), a leader in the specialty property and casualty (P&C) market, recognized six of its business leaders with elevated titles to fully reflect their contributions. Each of these six leaders oversee units that have delivered impressive returns on capital and growth, with each now at a size and scale that substantially contributes to the Company’s earnings.

HOUSTON, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (Nasdaq: SKWD) (“Skyward Specialty” or the “Company”) today reported fourth quarter 2023 net income of $29.3 million, or $0.74 per diluted share, compared to $20.4 million, or $0.63 per diluted share, for the same 2022 period. Net income for the year ended 2023 was $86.0 million, or $2.24 per diluted share, compared to $39.4 million, or $1.21 per diluted share, for the same 2022 period.

HOUSTON, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") expects to issue its fourth-quarter 2023 earnings results after the market closes on Tuesday, February 20, which will be available on the Company website at investors.skywardinsurance.com/ under Quarterly Results.

HOUSTON, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") a leader in the specialty property and casualty (P&C) market, announced the expansion of its Professional Lines division into the media liability market focusing on multimedia, film and ad agencies.

HOUSTON, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group Inc.™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company"), a leader in the specialty property and casualty (“P&C") market, is pleased to announce the addition of Mike Morrissey, CFA to its Board of Directors effective December 14, 2023.

HOUSTON, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") a leader in the specialty property and casualty (P&C) market, announced a series of changes to its Board of Directors (the “Board”) effective Thursday, November 30, 2023.

HOUSTON, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group Inc.TM (NASDAQ: SKWD) ("Skyward Specialty" or the “Company") a leader in the specialty property and casualty (“P&C”) market, today announced the pricing of its upsized follow-on offering of 5,000,000 shares of its common stock, with 2,150,000 shares being offered by Skyward Specialty and an upsized 2,850,000 shares being sold by Skyward Specialty’s existing stockholder, The Westaim Corporation (“Westaim”) at $30.50 per share. Westaim also granted the underwriters a 30-day option to purchase up to an additional 750,000 shares. The offering is expected to close on November 20, 2023 subject to customary closing conditions.

HOUSTON, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group Inc.TM (NASDAQ: SKWD) ("Skyward Specialty" or the “Company") a leader in the specialty property and casualty (“P&C”) market, today announced the Company has commenced a follow-on offering of 2,150,000 shares of its common stock. Additionally, Skyward Specialty’s existing stockholder, The Westaim Corporation (“Westaim”), is offering 2,350,000 shares. Westaim also granted the underwriters a 30-day option to purchase up to an additional 675,000 shares.

HOUSTON, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (Nasdaq: SKWD) (“Skyward Specialty” or the “Company”) today reported third quarter 2023 net income of $21.7 million, or $0.57 per diluted share, compared to a net loss of $2.4 million, or $0.15 per diluted share, for the same 2022 period. Net income for the first nine months of 2023 was $56.7 million, or $1.50 per diluted share, compared to $19.0 million, or $0.58 per diluted share for the same 2022 period.

HOUSTON, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") a leader in the specialty property and casualty (P&C) market, announced additional expansion in its surety division, marked by the strategic recruitment of the industry’s top Surety talent.

HOUSTON, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance GroupTM (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") expects to issue its third quarter 2023 earnings results after the market closes on Monday, November 6, which will be available on the Company website at investors.skywardinsurance.com/ under Quarterly Results.

HOUSTON and PEABODY, Mass., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) ("Skyward Specialty") a leader in the specialty property and casualty (P&C) market, and eMaxx, a tech-enabled specialty provider of commercial P&C insurance captive solutions and programs, announced the expansion of their captives partnership. Skyward Specialty will provide strategic support and additional capacity for eMaxx’s innovative variable Alternative Energy Warranty Products captive solutions.

HOUSTON, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") a leader in the specialty property and casualty (P&C) market, announced it is expanding its coverages in the healthcare sector adding a new solution catering to the distinct needs of E&S individual providers, including physicians.

HOUSTON, Sept. 01, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") a leader in the specialty property and casualty (P&C) market, today announced it has been named one of the Best Places to Work in Insurance for 2023, as determined by Business Insurance and Best Companies Group. Best Companies Group recognizes employers who demonstrate, as determined through various evaluations, including employee engagement survey results, the highest employee engagement and satisfaction, as well as a commitment to attracting, developing and retaining great talent through employee benefits and other programs their workers value.

HOUSTON, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group Inc.™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company"), a leader and innovator in the specialty property and casualty market, is pleased to announce the addition of Gena Ashe to its Board of Directors as an independent director effective August 14, 2023.

HOUSTON, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (Nasdaq: SKWD) (“Skyward Specialty” or the “Company”) today reported second quarter 2023 net income of $19.5 million, or $0.51 per diluted share, compared to $5.1 million, or $0.16 per diluted share, for the same 2022 period. Net income for the first half of 2023 was $35.0 million, or $0.93 per diluted share, compared to $21.4 million, or $0.66 per diluted share for the same 2022 period.

HOUSTON, July 06, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") expects to issue its second quarter 2023 earnings results after the market closes on Tuesday, August 8, which will be available on the Company website at investors.skywardinsurance.com/ under Quarterly Results.

HOUSTON, June 20, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") a leader in the specialty property and casualty (P&C) market, has taken steps to further invest and expand its Captives division by naming captives expert Robert Nizzi as senior vice president to lead the division.

HOUSTON, June 14, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (NASDAQ: SKWD) ("Skyward Specialty" or "the Company"), a leader in the specialty property and casualty (P&C) market, announced a significant expansion of its contract and commercial surety capabilities with the addition of several experienced and highly-respected leaders and underwriting talent. In keeping with its continued commitment to building a best-in-class Surety division, the Company will broaden its Small Business Administration (SBA) Bonds Guarantee Program and judicial and fiduciary bond capabilities.

HOUSTON, June 12, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (NASDAQ: SKWD) ("Skyward Specialty" or the “Company"), a leader in the specialty property and casualty (“P&C”) market, today announced the closing of its underwritten offering of 3,850,000 of its common stock by The Westaim Corporation at the price of $23.00 per share. The underwriters exercised in full their option to purchase an additional 577,500 shares from the selling stockholders, priced at $23.00 per share, less underwriting discounts and commissions.

HOUSTON, June 07, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (NASDAQ: SKWD) ("Skyward Specialty" or the “Company"), a leader in the specialty property and casualty (“P&C”) market, today announced the pricing of its underwritten offering of 3,850,000 of its common stock by The Westaim Corporation at the price of $23.00 per share. The Westaim Corporation along with certain other selling shareholders (collectively, the “Selling Stockholders”) also granted the underwriters a 30-day option to purchase up to an additional 577,500 shares of Skyward Specialty’s common stock.

HOUSTON, June 05, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (NASDAQ: SKWD) ("Skyward Specialty" or the "Company"), a leader in the specialty property and casualty ("P&C") market, today announced that The Westaim Corporation is offering 3,850,000 shares of the Company's common stock in an underwritten public offering. In addition to The Westaim Corporation, certain other stockholders (the "Selling Stockholders") have also granted the underwriters a 30-day option to purchase up to an additional 577,500 shares of Skyward Specialty's common stock.

HOUSTON, May 16, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group Inc.TM (NASDAQ: SKWD) ("Skyward Specialty" or "the Company"), a leader in the specialty property and casualty market, is pleased to announce the addition of Anthony J. Kuczinski to its Board of Directors effective August 1, 2023. With more than 38 years of industry expertise, Kuczinski adds unmatched knowledge and experience to the Skyward Specialty board.

HOUSTON, TX, May 09, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (Nasdaq: SKWD) (“Skyward Specialty” or the “Company”) today reported first quarter 2023 net income of $15.6 million, or $0.42 per diluted share, compared to $16.3 million, or $0.50 per diluted share, for the same 2022 period. Adjusted operating income(1) for the first quarter of 2023 was $15.5 million, or $0.42 per diluted share, compared to $19.8 million, or $0.61 per diluted share, for the same 2022 period.

HOUSTON, April 11, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") expects to issue its first quarter 2023 earnings results after the market closes on Tuesday, May 9, which will be available on the Company website at investors.skywardinsurance.com/ under Quarterly Results.

HOUSTON, April 05, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group Inc.™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company"), a leader in the specialty property and casualty market, has announced leadership changes as the Company takes action to further invest in its Captives and Programs divisions.

HOUSTON, March 21, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (Nasdaq: SKWD) ("Skyward Specialty" or "the Company"), a leader in the specialty property and casualty market, announced today it has entered the global agriculture market. The Company appointed James Tran, a seasoned global agriculture underwriting leader, as Senior Vice President, Global Agriculture, to spearhead its entry into this market.

HOUSTON, TX, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (Nasdaq: SKWD) (“Skyward Specialty” or the “Company”) today reported fourth quarter 2022 net income of $20.4 million, or $0.63 per diluted share, compared to $1.3 million, or $0.04 per diluted share, for the same 2021 period. Adjusted operating income(1) for the fourth quarter of 2022 was $11.6 million, or $0.36 per diluted share, compared to $7.6 million, or $0.23 per diluted share, for the same 2021 period.

HOUSTON, Feb. 16, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group Inc.TM (NASDAQ: SKWD) ("Skyward Specialty" or "the Company"), a leader in the specialty property and casualty market, announces the appointment of Havis Wright to lead the expansion of the Company's industry solutions division with the launch of a new dedicated inland marine underwriting unit.

HOUSTON, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") expects to issue its fourth-quarter 2022 earnings results after the market closes on Tuesday, February 28, which will be available on the Company website at investors.skywardinsurance.com/ under Quarterly Results.

HOUSTON, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group Inc.™ announced the launch of occupational accident insurance for independent contractors across several segments, including trucking, last-mile delivery drivers, rideshare and gig delivery. The new offering ensures that independent contractor (IC) drivers who suffer on-the-job injuries will readily have work injury benefits available.

HOUSTON, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. ("Skyward Specialty" or the "Company") announced today the closing of its upsized initial public offering of 8,952,383 shares of its common stock, consisting of 4,750,000 shares sold by Skyward Specialty and 4,202,383 shares sold by selling stockholders, at the public offering price of $15.00 per share. The underwriters also exercised in full their option to purchase 1,342,857 additional shares of common stock from the selling stockholders, at a price per share of $15.00 per share, less underwriting discounts and commissions. Skyward Specialty’s common stock is listed on the Nasdaq Global Select Market under the ticker symbol "SKWD."

HOUSTON, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. ("Skyward Specialty" or the “Company") announced today that it has priced its upsized initial public offering of 8,952,383 shares of its common stock, with 4,750,000 shares being offered by Skyward Specialty and 4,202,383 shares being sold by selling stockholders, at a public offering price of $15.00 per share. The underwriters have a 30-day option to purchase up to an additional 1,342,857 common shares from the selling shareholders at the public offering price, less underwriting discounts and commissions. The offering is expected to close on or about January 18, 2023, subject to customary closing conditions. The shares are expected to begin trading on January 13, 2023 on the Nasdaq Global Select Market under the ticker symbol "SKWD."

HOUSTON, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. ("Skyward Specialty" or the “Company") announced today the launch of its initial public offering of its common stock. The offering consists of 4,750,000 shares of common stock offered by Skyward Specialty and 3,750,000 shares of common stock to be sold by certain of Skyward Specialty’s existing stockholders, plus up to an additional 1,275,000 shares to be sold by existing stockholders that the underwriters have the option to purchase. The initial public offering price is expected to be between $14.00 and $16.00 per share. The shares are expected to trade on the Nasdaq Global Select Market under the ticker symbol "SKWD."

HOUSTON, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (“Skyward Specialty,” “the Company”) today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering of shares of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. Skyward Specialty plans to list its common stock on the Nasdaq Global Select Market under the ticker symbol “SKWD.”

MADISON, Wisc. and HOUSTON, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Understory Inc. (“Understory”), a leading provider of innovative insurance solutions for climate risk, and Skyward Specialty Insurance Group Inc.TM (“Skyward Specialty”), a leader in the specialty property and casualty (P&C) market, have partnered to launch a new insurance solution to help U.S. automotive dealerships control the rising cost and instability of dealership inventory coverage, or dealers open lot (DOL).

HOUSTON, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group Inc.TM ("Skyward Specialty" or the "Company"), a leader in the specialty property and casualty (P&C) market, elected Kate Terry and Marcia Dall to its Board of Directors effective immediately. Terry and Dall bring decades of experience in corporate leadership, and each have strong track records of driving innovation, superior financial performance and corporate social responsibility.

HOUSTON and BOSTON, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ ("Skyward Specialty"), a leader in the specialty property and casualty (P&C) market, has partnered with Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, to power its Accident and Health (A&H) division's latest technology driven stop-loss solution, SkyVantage.

Skyward Specialty Insurance Group, Inc.™ ("Skyward Specialty" or the "Company"), a leader in the specialty property and casualty (P&C) market, announced it is adding a Technology Errors and Omissions (E&O) Liability insurance solution to its growing professional liability portfolio. The coverage offers tailored solutions for the unique exposures faced by technology companies.

Skyward Specialty Insurance Group, Inc. ("Skyward Specialty" or the "Company"), a leader in the specialty property and casualty market, announced today that professional liability insurance executive Sarah Logue, RPLU, CPCU, has been named Senior Vice President and Head of Healthcare Professional Liability ("Allied Health"). Logue will succeed the Company's Allied Health unit founder, Brenda Craig, following Craig's retirement earlier this year.

Skyward Specialty Insurance Group, Inc.™ ("Skyward Specialty" or the "Company"), a leader in the specialty property and casualty (P&C) market, expanded its miscellaneous professional liability coverage to include errors and omissions (E&O) exposure for employed lawyers, which protects in-house attorneys from allegations of malpractice while executing their legal duties. In-house general counsel, legal assistants, notaries public and temporary or independent contractor attorneys are eligible for coverage.

Skyward Specialty Insurance Group, Inc.™ ("Skyward Specialty" or the "Company"), a leader in the specialty property and casualty (P&C) market, announced it has launched a Renewable Energy Contractors coverage within its rapidly expanding Construction and Energy product portfolio. The coverage targets a wide range of contractors specializing in wind and solar energy conversion systems for private and commercial or industrial purposes.

Skyward Specialty Insurance Group, Inc. ("Skyward Specialty" or the "Company"), a leader in the specialty property and casualty (P&C) market, revealed today that it has expanded its Construction portfolio by adding a Crane and Rigging captive program, in partnership with eMaxx Assurance Group of Companies, Inc. (“eMaxx”), a tech-enabled specialty provider of property and casualty captive solutions. The two companies have maintained a successful partnership for more than four years.

Skyward Specialty Insurance Group, Inc. ("Skyward Specialty" or the "Company"), a leader in the specialty property and casualty (P&C) market, revealed today that it has entered into a new partnership with Propeller Inc. ("Propeller" or “Propeller Bonds”) to broaden the market access to the Company's transactional bond capabilities.

Skyward Specialty Insurance Group, Inc. ("Skyward Specialty" or the "Company"), a leader in the specialty property and casualty market, has selected a new leader in Transactional Commercial Surety and added cannabis to its transactional surety portfolio.

Skyward Specialty Insurance Group, Inc. (“Skyward Specialty” or the “Company”) is expanding its Management Liability solutions by offering targeted directors and officers (D&O) coverage to Non-Standard Non-Profit Condominium and Homeowner Associations (HOA).

Skyward Specialty Insurance Group, Inc. (“Skyward Specialty” or “Company”), a leader in the specialty Property and Casualty market, announced today that the Company has added new leaders to its Surety and Excess & Surplus (E&S) businesses.

Today, Skyward Specialty Insurance Group, Inc. (Skyward Specialty or the Company) announced a significant expansion of its Professional Liability and Management Liability lines of business with the addition of several experienced and highly-respected underwriters and new regional teams in the Midwest and Southeast. In addition, the Company has added an esteemed claims executive to oversee claims for these rapidly growing businesses.

Skyward Specialty Insurance Group, Inc. (“Skyward Specialty” or the “Company”), a leader in the specialty property and casualty market, which previously stated its intention to enter into the Healthcare Professional Liability business, announced today that it was ready to begin quoting business to its select producer partners. At launch, underwriting will focus on out-patient medical services centers such as dialysis centers, labs, and physical therapy locations, etc., as well as specialty pharmacies, medical and nursing staffing companies and home health and hospice businesses, with the potential to expand the scope of offerings as the business grows.