Philosmith Capital Corp.
PhiloSmith Capital Corporation is an independent advisory and investment management firm headquartered in Stamford, Connecticut. Founded over 50 years ago, the firm specializes in the insurance and financial services industry, providing investment banking and advisory services primarily for insurance companies, agents/brokers, and specialty finance companies. The investment management division focuses on sector-specialized funds and strategies for corporations, financial institutions, and high net worth individuals. As of 2025, the firm employs approximately 9 professionals.
Investment Strategy
PhiloSmith utilizes a disciplined, bottom-up investment approach centered on fundamental analysis of insurance and financial services companies. The strategy emphasizes extensive on-site management meetings, seeks companies with above-average prospects trading below sector price/earnings and price/book ratios, and prioritizes stocks with limited downside risk and high potential upside. Ownership by management is given significant weight, and a disciplined sell strategy is applied when red flags arise. The investment universe spans non-life insurance, insurance brokers, life & health insurance, multi-line insurance, and reinsurance providers.
Latest 13F Filing Activity
Philosmith Capital Corp. filed their most recent 13F report on Sep 30, 2025 disclosing 22 equity positions with a total 13F market value of $360M. The fund increased holdings in Raymond James Financial, Lemonade, Inc., Aflac Incorporated among other positions. Philosmith Capital Corp. reduced exposure to Brown & Brown, Inc., American International GR., Ameriprise Financial, Inc. among others.
Top Holdings
Equity Positions (22)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
P PRI | PRIMERICA | 9.12% | $32.8M | 118,200 | $154.08 | $277.59 | +$463.3K |
R RGA | REINSURANCE GROUP AMERICA | 8.85% | $31.9M | 165,800 | $122.37 | $192.13 | +$950.7K |
A AFL | AFLAC INCORPORATED | 8.31% | $29.9M | 267,800 | $52.13 | $111.70 | +$1.7M |
R RNR | RENAISSANCERE HOLDINGS | 7.68% | $27.6M | 108,770 | $140.90 | $253.93 | +$1.2M |
B BRO | BROWN & BROWN, INC. | 7.62% | $27.4M | 292,450 | $58.07 | $93.79 | -$2.8M |
Industry Allocation
Investment Team (7)
| Name | Role | Location | |
|---|---|---|---|
 | Vice President | New York, NY , United States | |
J James Amen | Managing Partner | Stamford, CT , United States | |
J Jamie Inglis | Managing Director, Partner | Stamford, CT , United States | |
 | Managing Director and Partner | Stamford, CT , United States | |
 | Senior M and A Analyst | United States | |
D David Salmon | Partner | Stamford, CT , United States | |
 | Summer Analyst | Marlboro Township, NJ , United States |