Align General

insurtechsoftware/whitelabel/apis (insurtech)

FOUNDING YEAR: 2003
LOCATION: United States
Last Update: 01/05/2020

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About

Align General Insurance Agency is a general agency and specialist program underwriting manager in the property & casualty market. The company develops sustainable and profitable specialty insurance programs by working with a select group of carrier partners.

Focus

PRODUCTS & SERVICES

Align provides product development and program management solutions to insurance and reinsurance companies. The services include product development, pricing, compliance, marketing, distribution, policy processing, payment processing, claims administration, and more.

REVENUE MODEL

The company earns revenue through commission (i.e. a percentage of earned or written premiums), plus administrative fees for its services.

MAIN CLIENTS

Insurance and reinsurance companies. Some of the customers United Specialty Insurance

Rockhill Insurance

Plaza Insurance

Ironshore Insurance

Lloyd’s of London

etc.

Traction

REVENUE

$10M+ in 2018

REVENUE COMMENT:

According to third-party data sources, the company's revenue was between $15 to $20 million in 2018. The company says that it has grown at a CAGR of 25% since its inception and expects to continue growing at a rate of better than 20% annually for the future.

OTHER INFO:

Align General acquired Catalytic Risk Managers (leading premium underwriter) in August 2018.

People

FOUNDERS

Kieran Sweeney

BOARD MEMBERS AND ADVISORS

Gene Yoon

Blair Greenberg

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Bregal Sagemount

KEY EMPLOYEES:

Kieran A. Sweeney (President & CEO); Jerry Batcheller (COO); Michelle Roccoforte (CFO)

Momentum

FUNDED

YES

DATE OF LAST FUNDING

Aug 2018

TOTAL FUNDING COMMENT

The company will use funds to support the companies’ continued growth through expansion of existing programs, new line launches, and strategic acquisitions.

LISTED

NO

COMMENT

The company has received a strategic investment from Bregal Sagemount in 2018.

BASICS

FOUNDING YEAR:

2003

LOCATION:

United States

Views:

32 VISITORS | 38 VIEWS
TOTAL EMPLOYEES
11-50

About

Align General Insurance Agency is a general agency and specialist program underwriting manager in the property & casualty market. The company develops sustainable and profitable specialty insurance programs by working with a select group of carrier partners.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

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Momentum+
Traction+
People+
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