Company: TIPT
Filing Date: 2025-10-31
Form Type: DEFM14A
Source: 0001140361-25-039949
Chunk: 279

Company: TIPTREE INC.
Filing Date: 2025-10-31
Form: DEFM14A
Chunk 279
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 Subclass A and Subclass B. The court also dismissed the plaintiffs’ breach of covenant of good faith and fair dealing claim as to Subclass B but declined to dismiss such claim as to Subclass A pending resolution of the Company’s appeal. The trial previously scheduled for December 2023 has been remanded while the matter is on appeal. The Company considers such litigation customary in the insurance industry. In management’s opinion, based on information available at this time, the ultimate resolution of such litigation, which it is vigorously defending, should not be materially adverse to the financial position of the Company. It should be noted that large punitive damage awards, bearing little relation to actual damages sustained by plaintiffs, have been awarded in certain states against other companies in the credit insurance business. At this time, the Company cannot estimate a range of loss that is reasonably possible. The Company and its subsidiaries are parties to other legal proceedings in the ordinary course of business. Although the Company’s legal and financial liability with respect to such proceedings cannot be estimated with certainty, the Company does not believe that these proceedings, either individually or in the aggregate, are likely to have a material adverse effect on the Company’s financial position. (21) Related Party Transactions Tiptree Advisors is a related party of the Company because Tiptree Advisors is deemed to be controlled by Michael Barnes, Tiptree’s Executive Chairman. The Company is invested in funds managed by Tiptree Advisors (the “Tiptree Advisors Funds”) and Tiptree Advisors manages investment portfolio accounts of the Company under an investment advisory agreement (the “IAA”). The Company and its subsidiaries are parties to a tax sharing agreement with Tiptree for tax periods through June 21, 2022; an associated tax recoverable was settled during 2024. The following table presents the amounts recorded in net investment income on the Company’s consolidated statements of operations resulting from related party transactions, excluding transactions with Warburg portfolio companies and reinsurance transactions described below:

|                                                           |     | For the Year Ended 
       December 31, 
               2024 |     |   2023 |
|:----------------------------------------------------------|:----|-------------------:|:----|-------:|
| Management, incentive and IAA expenses – Tiptree Advisors |     |             $6,675 |     | $5,206 |

The following table presents the amounts recorded on the Company’s consolidated balance sheets from related party transactions:

|                                                  |     | As of December 31, |     |        |
|