Global Indemnity Group LLC

gbli.com

What Do They Do?

Provides specialty property and casualty insurance for small businesses and collectors, plus technology and claims services for insurance industry participants.

How Do They Make Money?

Gets premiums from insurance policies and treaties it writes, with premiums earned across each policy or treaty term; it also earns investment income from its portfolio.

FY2025 revenue

Who Are Their Customers?

Small businesses and property owners get specialty coverage through wholesale general agents and retail agents, while collectors can buy directly online. Insurance agents, carriers and other insurers also use its technology, marketplace and claims services.

Do Revenues Turn Into Profits?

Yes. It kept 6 cents of every revenue dollar as net income in FY2025.

Net income, FY2025

6% of revenue

▼ −41% vs FY2024 ($43.2M, 10%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Revenue: ▲ +5%; vs $110.5M in Q2 FY2025
Net income: ▲ +7%; vs $10.3M in Q2 FY2025

Shrinking. Revenue fell 34% in 4 years, from $678.3M in FY2021 to $450.1M in FY2025, about 10% a year.

Added service businesses The latest report describes technology, marketplace and claims businesses that support its insurance agencies and are positioned to serve other insurers, alongside the policy and reinsurance operations emphasized in the older report.

Who Do They Compete With?

Competes with American International Group, Ategrity Specialty Insurance Company Holdings, Atlantic Casualty Insurance, Berkshire Hathaway, Bowhead Specialty Holdings, Brookfield Wealth Solutions, Chubb, Fidelis Partnership, James River Group Holdings, Kinsale Capital Group, Markel Group, Nationwide Insurance, Octave Specialty Group, RLI, RSUI Group, Selective Insurance Group, Skyward Specialty Insurance Group, and The Hartford Insurance Group

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