Palomar
InsuranceCalifornia, United States201-500 Employees
Palomar is a specialty insurer founded in 2014 by a team with extensive experience across underwriting, analytics, reinsurance and capital markets. It concentrates on five product lines—Earthquake, Inland Marine and Other Property, Casualty, Fronting and Crop—and targets markets that are underserved by other insurers, serving residential and commercial clients across the United States. The company is based in La Jolla, California, and writes business nationwide. Palomar is publicly traded on Nasdaq under the PLMR ticker and holds an A (Excellent) financial strength rating from AM Best. Its approach centers on risk-focused underwriting and selective growth within its niche segments, and it has undertaken recent operational steps such as completing a June 1 reinsurance placement to support its specialty lines.