Doma Holdings Inc. (NYSE:DOMA) Q1 2023 Results Conference Call May 9, 2023 5:00 PM ET

Company Participants

Matt Thunander - Investor Relations

Max Simkoff - Founder and Chief Executive Officer

Mike Smith - Chief Financial Officer

Conference Call Participants

Wyatt Swanson - D.A. Davidson

Michael Ward - Citi

Karol Chmiel - JMP

Operator

Good day, and thank you for standing by. Welcome to the Doma's First Quarter Financial Results Earnings Call [Operator Instructions]. Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Matt Thunander, Investor Relations for Doma. Please go ahead.

Matt Thunander

Thank you, operator. Good afternoon, everyone, and thank you for joining Doma's First Quarter 2023 Earnings Conference Call. Earlier today, Doma issued a press release announcing its first quarter results, which is also available at investor.doma.com. Leading today's discussion will be Doma's Founder and Chief Executive Officer, Max Simkoff; and Chief Financial Officer, Mike Smith. Following management's prepared remarks, we will open up the call to questions. Before we begin, I would like to remind you that our discussion will contain predictions, expectations, forward-looking statements and other information about our business that is based on management's current expectations as of the date of the presentation. Forward-looking statements include but are not limited to Doma's expectations or predictions of financial and business performance, market conditions, competitive position and industry outlook. Forward-looking statements are subject to risks uncertainties and other factors that could cause our actual results to differ materially from historical results and/or from our forecast, including those set forth in Doma's most recently filed annual report on Form 10-K and subsequent filings with the SEC.

For more information, please refer to the risks, uncertainties and other factors discussed in Doma's most recently filed annual report on Form 10-K and other SEC filings. All cautionary statements that we are -- that we make during this call are applicable to any forward-looking statements we make wherever they appear. You should carefully consider the risks and uncertainties and other factors discussed in Doma's SEC filings. Do not place undue reliance on forward-looking statements as Doma is under no obligation and expressly disclaims any responsibility for updating, altering or otherwise revising any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. Additionally, during this conference call, we will also refer to non-GAAP financial measures, including retained premium and fees, adjusted gross profit, adjusted EBITDA and the other measures described in our earnings release. Our GAAP results and a description of our non-GAAP measures with a full reconciliation to GAAP can be found in the first quarter 2023 earnings release, which has been furnished to the SEC and is available on our investor website.