Forge Group, Inc.

Forge Group, Inc.

FIGP
Forge Group, Inc.US flagOther OTC
25.00
USD
- -
- -
51.08MMarket Cap
No data availableFinancial data will appear here once available

Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
Patrick Joseph Bracewell
Full Time Employees
24
Sector
Financial Services
Industry
Insurance - Property & Casualty
Address
8401 Connecticut Avenue Chevy Chase MD United States of America 20815
IPO Date
Jun 23, 2022
Business
Forge Group, Inc. (FIGP) operates as a holding company for property and casualty insurance in the United States, primarily through its subsidiary Forge Insurance Company; it provides commercial automobile liability, property damage, collision, and other related property and casualty insurance policies for taxi cabs, sedans, public livery vehicles, light transportation vehicles for hire, and small business commercial auto operations where the vehicle serves as a business tool. The company also owns and leases three commercial real estate properties in the District of Columbia. Forge Group serves local small businesses and transportation operators across multiple states, utilizing its proprietary FIRE (Forge Insurance Rating Engine) agent portal for fast quoting and digital services; it targets niche segments in the property and casualty insurance industry with a focus on light vehicles and local operations. Founded in 1938 and headquartered in Chevy Chase, Maryland, the company employs 24 people and maintains operations as a specialist in the financials sector. In 2022, Forge Group emerged from the mutual-to-stock conversion of its predecessor Amalgamated Casualty Insurance Company, rebranding to Forge Insurance Company, completing a $20 million stock offering that was significantly oversubscribed, acquiring affiliated agency American Risk Management (renamed Forge Risk Management), and initiating investments in distribution, product development, technology including a new insurance platform, claims, and finance to expand into small business commercial auto. Recent developments include the announcement of a share repurchase plan effective from January 2024 and the release of third quarter 2025 financial results highlighting strategic priorities such as refining its insurance technology platform.

Company News

APIChatGPT
  • Market One: Forge Resources Corp. Advances Its Alotta Gold-Copper Project in the Yukon

  • Forge Nano Secures Semiconductor Wafer Fab Equipment Order from Leading Photonics Technology Company for Commercial Integrated Photonics Manufacturing

  • Applied Digital Signs 210 MW Lease at Delta Forge 2, Expanding Its AI Factory Franchise Model to a Fifth Campus

  • Forge Resources Commences Largest Ever Diamond Drill Campaign at Alotta Project, Yukon

  • Forge Resources Reaches Key Milestone with Completion of Core Infrastructure at La Estrella

  • Forge Nano and Group14 Advance U.S.-Made High-Performance Battery Cells with U.S. Material Supply Chain

  • Forge Resources Announces High-Potential 2026 Diamond Drill Campaign at the Alotta Project, Yukon

  • Cranium AI and ISTARI Forge Global Alliance to Drive Enterprise AI Security and Governance

  • Fujifilm and mTuitive Forge Partnership to Advance Precision Medicine

  • Forge Resources Encounters Additional Coal During Ramp Development at La Estrella, Applies to the Critical Minerals Institute

  • Forge Nano Delivers Semiconductor Wafer Fab Equipment to Leading Fortune Global 500 Communications Company for Commercial Photonics Applications

  • Forge Resources Refines Porphyry Targets with New Geophysical Inversion at the Alotta Project

  • Bharat Forge Signs Long-Term Contract with Embraer for Landing Gear Forgings

  • Forge Resources Intends to Apply for Export Permits to Ship Coal Samples to U.S. Laboratory for Metallurgical and Thermal Testing

  • Bristol-Myers Squibb and China's Hengrui Pharma Forge Tie-Up

  • Forge Resources Closes Second Tranche of Private Placement for Total $6 Million

  • Forge Nano Achieves ISO 9001 Certification as Demand Grows for U.S.-Made Battery Supply Chains

  • Forge Resources Defines Late Cretaceous Porphyry Mineralization at the Alotta Project

  • Forge Nano to Showcase Industry-Leading Semiconductor ALD Coating Capabilities, Including 1000:1 High Aspect Ratio Innovation, to Leading Fabs in Malaysia

  • Applied Digital Announces New U.S. Based High Investment-Grade Hyperscaler Tenant at Delta Forge 1, a 430 MW AI Factory Campus