Fortegra Group’s third-quarter revenue rose 18% to $481 million, with adjusted earnings jumping 33% to $40 million, parent company Tiptree Inc. reported Oct. 30.
Jacksonville-based Fortegra is a specialty insurance company and the largest business of Connecticut-based investment company Tiptree.
Tiptree said as of Sept. 30, it owned about 79.3% of Fortegra, with investment firm Warburg Pincus owning 17.7% and management and directors of Fortegra owning the remaining 3%.