Operator

Good day, and welcome to the Kingsway First Quarter 2026 Earnings Call. [Operator Instructions] Please note, this conference is being recorded. With me on the call are JT Fitzgerald, Chief Executive Officer; and Kent Hansen, Chief Financial Officer.

Before we begin, I want to remind everyone that today's conference call may contain forward-looking statements. Forward-looking statements include statements regarding the future, including expected revenue, operating margins, expenses and future business outlook. Actual results of trends could materially differ from those contemplated by those forward-looking statements.

For a discussion of such risks and uncertainties, which could cause actual results to differ from those expressed or implied in the forward-looking statements, please see the risk factors detailed in the company's annual report on Forms 10-K and subsequent Forms 10-Q and Forms 8-K filed with the Securities and Exchange Commission.

Please note also that today's call may include the use of non-GAAP metrics that management utilizes to analyze the company's performance. A reconciliation of such non-GAAP metrics to the most comparable GAAP measures is available in the most recent press release as well as in the company's periodic filings with the SEC.

Now I would like to hand over the call to JT Fitzgerald, CEO of Kingsway. JT, please proceed.

John Fitzgerald
President, CEO & Director

Thank you, Holly. Good afternoon, everyone, and welcome to the Kingsway Earnings Call for the First Quarter of 2026. Fund model to acquire and build great businesses. We own and operate a diversified collection of high-quality services companies that are compound long-term shareholder value on a per share