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Segment, Geographic, and Product Line Information
 9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Segment, Geographic, and Product Line Information Segment, Geographic, and Product Line Information
The Company is a specialty insurance group that generates revenues by underwriting and offering a variety of specialty insurance products to domestic markets through four distinct underwriting divisions. The chief operating decision maker (“CODM”) is the individual responsible for allocating resources to and assessing the financial performance of segments of the entity. The CODM of the Company, the CEO, assesses the financial health and performance of the Company and makes resource allocation decisions on a consolidated basis; accordingly, the Company has a single operating and reportable segment.
The following table presents revenues by underwriting division for the three months ended September 30, 2024 and 2023:
Underwriting Division20242023
($ in thousands)
Casualty$81,211 $58,786 
Professional Liability25,467 24,261 
Healthcare Liability21,331 16,291
Baleen Specialty324 — 
Net written premiums$128,333 $99,338 
The following table presents revenues by underwriting division for the nine months ended September 30, 2024 and 2023:
Underwriting Division20242023
($ in thousands)
Casualty$219,992 $140,725 
Professional Liability64,272 62,301 
Healthcare Liability46,642 36,702 
Baleen Specialty332 — 
Net written premiums$331,238 $239,728 
The Company’s operations and assets are located entirely within the United States, and all of its revenues are attributed to United States-based policyholders.
The Company has no single major customer representing ten percent or more of its total revenues during nine months ended September 30, 2024 and 2023.