Parent company Tiptree and private equity investor Warburg Pincus contributed $40mn of capital to specialty insurer Fortegra in March and April this year, Tiptree CFO Scott McKinney said on the company’s Q2 earnings call.
McKinney
Tiptree and investor Warburg Pincus injected $40mn into Fortegra: Tiptree CFO
The funds were contributed to support the specialty carrier’s growth.