Company: TIPT
Filing Date: 2025-10-31
Form Type: DEFM14A
Source: 0001140361-25-039949
Chunk: 280

Company: TIPTREE INC.
Filing Date: 2025-10-31
Form: DEFM14A
Chunk 280
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 |     |               2024 |     |   2023 |
| Amounts payable to related parties               |     |             $3,569 |     | $1,919 |
| Federal income tax recoverable from Tiptree Inc. |     |                 $— |     | $8,174 |

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THE FORTEGRA GROUP, INC. AND SUBSIDIARIES Notes to Consolidated Financial Statements December 31, 2024 & 2023 (in thousands, unless otherwise noted) Our director John Hendrickson became Chief Executive Officer of Concert Group Holdings, Inc. (“Concert”) on January 1, 2023. From time to time, we have entered into reinsurance arrangements with subsidiaries of Concert. The arrangements are entered into in the ordinary course of business. The following table presents the amounts recorded related to these reinsurance arrangements on the Company’s consolidated statements of operations and consolidated balance sheets:

|                      |     | For the Year Ended 
 December 31,       
 2024               |     | 2023      |
|:---------------------|:----|:-------------------|:----|:----------|
| Earned premiums, net |     | $(23,039)          |     | $(26,670) |

|                         |     | As of December 31, |     |         |
|                         |     |               2024 |     |    2023 |
| Reinsurance recoverable |     |            $41,473 |     | $47,816 |

Warburg is a related party of Fortegra due to its level of ownership of Fortegra’s Common Stock. Fortegra has arrangements with certain Warburg portfolio companies for which they have a controlling interest. These consist of the following: K2 Insurance Services, LLC, McGill Global Risk Solutions LLC, and Mariner Finance, LLC. Income (loss) before taxes related to these portfolio companies were $3.1 million, $(0.2) million, and $1.9 million, respectively, for the year ended December 31, 2024, and $3.8 million, $(1.4) million, and $3.3 million, respectively, for the year ended December 31, 2023. (22) Subsequent Events The Company reviewed all material events subsequent to December 31, 2024 that occurred up to the date the Company’s consolidated financial statements were issued on March 3, 2025. As of