Does anyone know this motley fools insurance stock?
by fruitdoctor | April 24, 2021 2:11 pm
Well, that is except for this one company (which owns only 1% of its industry’s market share, so far) …
You see, this company is one our most popular stocks here at The Fool because it has shown it knows how to make money.
Even during a pandemic!
In fact, last year this company grew its revenue by 46% year-over-year…and achieved a quintuple vs five years prior.
And, with this stock controlling less than 1% market share in a rapidly growing market…I don’t see any reason for that growth to slow down.
And here’s the thing…
Where most specialty insurance companies struggle isn’t in receiving premiums, it’s in paying out claims. That’s where insurers lose all their money.
Fortunately, this company pays out 20% less claims than its competitors!
On top of that, it’s the only insurer 100% dedicated to this space! You see, giants like Berkshire Hathaway and Markel both invest in special insurance. But unlike them, this company is exclusively focused on it.
I believe that market-specific expertise gives them a real advantage over companies like Berkshire and Markel …
Especially because, let’s face it – Berkshire is already pretty big.
This company may be small (less than 1% Berkshire’s size by market cap)…but it’s got BIG plans.
So, to recap…
We’ve got a stock with less than 1% market share that’s rapidly compounding growth…
And which is simultaneously less than 1% the size of Berkshire Hathaway.
Talk about a growth runway!
You see, I’d rather put my money on the up-and-coming stocks with potential room to grow and money to make. Stocks that give growth investors the opportunity to ride their coattails- possibly even to long-term fortunes!
And we believe this stock may be one of them!
So, I urge you to click below to discover for yourself if this stock is right for your portfolio.
This stock is part of our Discovery: Moneymakers portfolio where we utilize Warren Buffett[1]’s #1 factor for finding great stocks…
And we take our own capital ($250,000) and give members a chance to invest right along with us!
- Warren Buffett: https://www.stockgumshoe.com/tag/warren-buffett/
Source URL: https://www.stockgumshoe.com/2021/04/microblog-does-anyone-know-this-motley-fools-insurance-stock/
Could it be Markel MKL?
This s from the teaser
On top of that, it’s the only insurer 100% dedicated to this space! You see, giants like Berkshire Hathaway and Markel both invest in special insurance. But unlike them, this company is exclusively focused on it.
I believe that market-specific expertise gives them a real advantage over companies like Berkshire and Markel …
I got the same teaser and this is what I came up with since it piqued my interest also but didn’t want to spend $1.4K for it. It was too late to edit other comment
https://seekingalpha.com/article/4414448-kinsale-capital-is-one-of-a-kind
Wow, thanks big tuna. I’ll put KNSL on my watch list for now. Thanks so much!
Might be Lemonade
LMND
Good one segudge1. Interesting. Thanks!
Not likely to be Lemonade. I got the teaser and there’s a part about over 400M in revenue that fruitdoctor forgot to post. Lemonade didn’t make that much but Kinsale did.
I believe you’re correct the 46% revenue increase matched for KNSL.
Pretty sure it is KNSL
Underwrites specialty policies, $3,8B cap, 460M in sales and 45.8% revenue growth 2020.
Yes I did miss posting the beginning of the teaser. Sorry. Thanks for everyone’s help. KNSL has earnings coming out in 4 days. Definitely interested in this one. Travis and all of you irregulars has made this site one of the best in my opinion. Thanks for all the work everyone does.