Vericity
Acquisition in 2023
Vericity, Inc. is a company based in Chicago, Illinois, that specializes in providing life insurance protection products aimed at the middle American market. It operates through two main segments: Agency and Insurance. The Agency segment sells life insurance products for various unaffiliated insurance companies using a call center distribution platform, as well as independent agents and other marketing organizations. Additionally, it engages in insurance lead sales through its eCoverage web presence. The Insurance segment offers term life, accidental death, and final expense products, distributing them through independent producers, including direct distributors who market to consumers via call centers and regional and national independent producer groups. Vericity distinguishes itself through innovative product design and rapid issuance processes, offering products that typically do not require medical underwriting at the point of sale.
Policygenius
Series E in 2022
Policygenius Inc. is an online insurance marketplace that provides brokerage services for various insurance products, including life, health, long-term disability, pet, and renters' insurance. Established in 2014 and headquartered in New York, the company leverages advanced technology alongside the expertise of licensed agents to assist individuals in obtaining the necessary coverage to safeguard their families, properties, and finances. Policygenius enables users to review, research, and compare insurance quotes, facilitating informed decisions and ensuring they find the right policies at competitive prices. Since its inception, Policygenius has served millions of customers, securing over $160 billion in coverage.
Groupe Ppp Ltee
Acquisition in 2016
Groupe PPP Ltee, founded in 1980 and based in Quebec, Canada, specializes in designing, developing, and offering warranty and insurance products for a wide range of vehicles. The company provides extended warranty options, replacement insurance, and life/disability insurance solutions targeted at automobiles, leisure vehicles, and recreational vehicles. Serving the automotive industry, Groupe PPP has established a strong reputation for reliability and customer service, operating over 800 points of sale throughout Quebec. The company's diverse offerings include after-sale marketing products and technological solutions, aimed at enhancing customer loyalty and optimizing the profitability of its automotive partners. With a commitment to adapting to the evolving needs of the automotive sector, Groupe PPP has developed significant expertise in extended automobile warranties and maintains strategic partnerships with prominent industry players, including a long-standing collaboration with CAA-Quebec.
Groupe Financier Moreau
Acquisition in 2016
Groupe Financier Moreau Inc. is a prominent financial services firm based in Laval, Canada, specializing in life insurance and travel insurance. The company provides a range of financial services, including financial, tax, and estate planning advice tailored to meet the needs of its clients. In addition to its core insurance offerings, Groupe Financier Moreau also delivers training services for financial advisors, enhancing their expertise in the industry. As a subsidiary of National Financial Insurance Agency Inc. since March 2016, the firm is well-positioned to adapt to the evolving financial landscape in Quebec.
BBA Financial Group
Acquisition in 2015
BBA Financial Group is a provider and distributor of personal insurance products, specializing in a wide range of offerings. The company focuses on life and health insurance, as well as various travel-related insurance products, including emergency medical travel insurance, sports travel insurance, accident insurance, and student travel insurance. BBA Financial Group operates through representatives and collaborates with financial services companies to reach its clients effectively.