With growing return on equity and innovative technology, Safe Auto Insurance Group (SAIG) will most likely retain the attention of the market. The fact that the company’s ROE is better than that of other competitors is also quite beneficial. If Safe Auto Insurance can report the same performance in the future, the company should trade at more than 0.5x book value. With that, there are certain operating risks. The most relevant is that the company will be a controlled entity after the IPO.
Source: Prospectus
Source: Prospectus
Business And Key Performance Indicators
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