TIG - Argosy Investors - Trean Insurance Group

• Trean Insurance Group is a newly public company, having gone public earlier this year, but its history dates back to the mid-1990s.
• I feel comfortable owning this business at this price because I believe they have built-in growth from retaining additional premiums as well as from acquiring some of their Program Partners.
• It is dangerous to assume high growth rates in financial fields, so I won't do that, but I do think that Trean may be capable of continuing its historical growth into the future for at least a few years.

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