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TIPT| Name | Value |
|---|---|
| Revenues | 541.6M |
| Cost of Revenue | 49.9M |
| Gross Profit | 491.7M |
| Operating Expense | 259.0M |
| Operating I/L | 390.9M |
| Other Income/Expense | -350.3M |
| Interest Income | 14.0M |
| Pretax | 40.6M |
| Income Tax Expense | 18.7M |
| Net Income/Loss | 12.9M |
Tiptree Inc. operates in the specialty insurance and mortgage sectors, offering niche commercial and personal lines insurance, credit insurance, collateral protection products, warranty and service contract solutions, and premium finance services. The company also provides mortgage loans for institutional investors and maritime shipping services. It generates revenue through underwriting and administering insurance products, as well as through mortgage lending and investment activities. Tiptree markets its offerings through a network of independent insurance agents, consumer finance companies, auto dealers, retailers, brokers, and managing general agencies.
