Tiptree Inc. (TIPT)

15.97 +0.40 (+2.54%) As of 12:18PM EDT. Market open.

Tiptree Inc.

660 Steamboat Road
2nd Floor
Greenwich, CT 06830
United States
212 446 1400
https://www.tiptreeinc.com

Sector(s): Financial Services
Industry: Insurance - Specialty
Full-time employees: 1,504

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Michael Gene Barnes	Executive Chairman of the Board	5.44M	N/A	1967
Mr. Jonathan Ilany	CEO & Director	5.53M	N/A	1953
Mr. Randy S. Maultsby	President & Director	2.11M	N/A	1975
Mr. Scott T. McKinney	Chief Financial Officer	1.46M	N/A	1985
Mr. Neil Charles Rifkind Esq., J.D.	VP, General Counsel & Secretary	1.37M	N/A	1966
Ms. Julia Helene Wyatt	Chief Operating Officer	680k	N/A	1958

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Tiptree Inc., through its subsidiaries, provides specialty insurance products and related services primarily in the United States. It operates through two segments: Insurance and Mortgage. The company offers niche; commercial lines insurance products, including professional liability, general liability, contractual liability protection, property and other short-tail, and alternative risks insurance products; and personal lines insurance products, such as credit protection surrounding loan payments. It also provides auto and consumer warranty programs, including mobile devices, consumer electronics, appliances, furniture; and vehicle service contracts, GAP, and ancillary products; as well as premium or warranty contract financing services, lead generation support, and business process outsourcing services. In addition, the company offers mortgage loans for institutional investors; asset management services; and maritime shipping and asset management services, as well as invests in shares. It markets its products through a network of independent insurance agents, consumer finance companies, online retailers, auto dealers, and regional big box retailers. The company was formerly known as Tiptree Financial Inc. and changed its name to Tiptree Inc. in December 2016. Tiptree Inc. was founded in 1978 and is headquartered in Greenwich, Connecticut.

Corporate governance

Tiptree Inc.’s ISS governance QualityScore as of 1 April 2024 is 7. The pillar scores are Audit: 3; Board: 9; Shareholder rights: 9; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.