TWFG (TWFG) investor relations material

Business overview and market positioning

• Operates as a high-growth, independent insurance distribution platform with a 25+ year track record, serving both personal and commercial lines across the U.S.

• Ranks as the 8th largest U.S. personal lines agency and 26th largest across all lines, with $1.94B+ in total written premium as of June 30, 2026.

• Maintains a national footprint with 554 branches in 35 states and 3,049 MGA agencies in 43 states.

• Business model capitalizes on the industry shift from captive to independent distribution, with independent agencies now capturing a growing share of premium.

• Operates in a large and growing P&C market, with a 6.6% CAGR for total P&C premiums from 2015-2025.

Differentiated solutions and value proposition

• Offers a turnkey “Agency-in-a-Box” platform with technology, marketing, sales, and back-office support, enabling agency autonomy and growth.

• Provides access to 300+ carriers, MGAs, and programs, including both admitted and non-admitted markets.

• MGA platform allows independent agencies to access specialty markets and transition to exclusive status if desired.

• Product mix is ~81% personal lines and ~19% commercial lines, with a focus on high-demand, sticky client relationships.

• Flexible deal structures, low leverage, and strong alignment with agency owners support long-term stability and entrepreneurial opportunity.

Financial performance and growth

• Total written premium reached $1.94B+ and total revenue $295MM TTM as of June 30, 2026.

• Q2 YTD 2026 revenue grew 40.5% year-over-year, with adjusted EBITDA of $47.8MM and a 29.8% margin.

• Consistent double-digit organic revenue growth, with 24.3% organic growth Q2 YTD 2026.

• Strong free cash flow generation and minimal long-term debt ($1.0MM as of Q2 YTD 2026).

• Track record of margin expansion driven by scale, technology investments, and a revenue share model.