The Ardonagh Group
Private Equity Round in 2024
The Ardonagh Group is a prominent provider of insurance brokerage services, operating across the entire insurance value chain in the United Kingdom, Ireland, and international markets. The company integrates leading businesses in the insurance sector to develop a cohesive vision for the industry. It offers a diverse array of insurance-related products and services, catering to a wide clientele that includes complex multinational corporations and individual consumers seeking personal insurance solutions. By collaborating with various insurer partners, The Ardonagh Group delivers a comprehensive range of products and risk solutions designed to meet the specific needs of its customers.
Truist Insurance Holdings
Acquisition in 2024
Truist Insurance Holdings is a subsidiary of Truist Financial Corporation and the sixth-largest insurance brokerage.
ClearPoint Health
Private Equity Round in 2024
ClearPoint Health is a provider of health-benefit solutions designed specifically for small to mid-sized enterprises. The company operates a self-funded platform that utilizes the collective strength of a community of businesses to offer significant discounts on medical stop-loss insurance, provider networks, and cost-containment services. ClearPoint Health focuses on facilitating the transition to transparent, affordable, and clinically integrated employee health benefits. Additionally, the company provides member navigation tools to assist employers and benefit advisors in managing health benefits effectively, ensuring that employees receive quality care while optimizing costs.
Truist Insurance Holdings
Secondary Market in 2023
Truist Insurance Holdings is a subsidiary of Truist Financial Corporation and the sixth-largest insurance brokerage.
Covr Financial Technologies
Series B in 2022
Covr Financial Technologies, Inc. is a digitally enabled brokerage general agency based in Boise, Idaho, founded in 2013. The company specializes in providing life, long-term care, and disability insurance solutions tailored for financial institutions, advisors, and their clients. Covr offers a suite of digital platforms, including Covr Advisor, which helps financial advisors meet their clients' insurance needs by selecting appropriate products; Covr Consumer, which allows banks and credit unions to sell life insurance directly to customers; and Covr Insights, a tool for managing and analyzing existing life insurance policies. The company serves over 24,000 financial advisors and 13 million customers across 30 financial institutions, facilitating a simplified and efficient sales process for life insurance products.
Allied Benefit Systems
Private Equity Round in 2021
Allied Benefit Systems is a national healthcare solutions company founded in 1980, recognized as one of the largest independent third-party administrators in the United States. The company specializes in providing customized benefits and medical management strategies for self-insured employer groups, allowing employers to tailor insurance products to meet the unique needs of their workforce. Allied focuses on integrating innovative medical management and cost-control strategies, offering diverse network options and pharmacy care management to help clients reduce expenses while enhancing member satisfaction. By fostering healthy workplace cultures, Allied enables employers to protect their employees and their families without compromising on quality or affordability.
Genex Services
Acquisition in 2018
GENEX Services, Inc. is a provider of managed care services based in Wayne, Pennsylvania, specializing in workers' compensation and disability management solutions. Founded in 1978, the company offers a diverse range of services, including catastrophic and vocational case management, utilization review, independent medical examinations, and pharmacy benefit management. GENEX also delivers medical cost containment solutions through services such as bill negotiation, medical review, and access to extensive provider networks. Additionally, the firm offers social security representation and specialized non-occupational disability management for employers, alongside integrated risk management solutions that encompass claims analysis and predictive modeling. Serving a wide array of clients, including insurers, managed care organizations, and employers, GENEX leverages intelligent systems and data analysis to improve the care and outcomes for injured and disabled employees across North America, including the United States, Puerto Rico, and Canada.
Alliant Insurance Services
Funding Round in 2015
Alliant Insurance Services is an insurance brokerage firm that specializes in providing a range of insurance and risk management solutions across various industries, including agriculture, aviation, construction, energy, and finance. The company offers property and casualty insurance, as well as workers’ compensation and employee benefits services. Its comprehensive portfolio includes risk management, life insurance, retirement and savings programs, and specialized coverage for Native American tribal and casino gaming operations. By distributing diversified insurance products and consulting services, Alliant aims to enhance the effectiveness and value of its clients' insurance and employee benefits programs.
Enstar Group
Acquisition in 2012
Enstar Group is a specialized insurance and reinsurance company focused on acquiring and managing firms and portfolios in run-off. The company provides a range of services, including management consulting, claims inspection, and reinsurance collection, primarily serving multinational clients across Bermuda, the United States, the United Kingdom, Australia, and Europe. Enstar Group aims to create value through its diverse segments, which include Run-off, Assumed Life, Investments, and Legacy Underwriting, while seeking attractive risk-adjusted returns from its investment portfolio. Originally known as Castlewood Holdings Limited, the company rebranded to Enstar Group Limited following its merger with The Enstar Group, Inc. in January 2007.
James River Group Holdings
Seed Round in 2002
James River Group Holdings, Ltd., established in 2002, is a Bermuda-based company that specializes in providing specialty insurance and reinsurance services in the United States. It operates through three primary segments: Excess and Surplus Lines, Specialty Admitted Insurance, and Casualty Reinsurance. The Excess and Surplus Lines segment focuses on underwriting liability and property insurance for small to medium-sized commercial accounts, distributed primarily through wholesale insurance brokers. The Specialty Admitted Insurance segment offers workers' compensation coverage for various industries and fronting business, while the Casualty Reinsurance segment provides proportional and working layer casualty reinsurance to unaffiliated insurance companies. The company aims to generate profits through underwriting and risk-adjusted investment returns while managing its capital effectively.