National General Insurance

National General Insurance is a specialty personal lines holding company providing a variety of insurance products. The company's insurance products include personal and commercial automobile, homeowners, umbrella, recreational vehicle, motorcycle, lender-placed, supplemental health, and other niche insurance products. It sells insurance products with a focus on underwriting profitability through a combination of its customized and predictive analytics and its technology is driven low-cost infrastructure.

Barry Karfunkel

Owner, CEO and Co-Chairman

4 past transactions

SafeAuto

Acquisition in 2021
Safe Auto Insurance Company is a property and casualty auto insurance carrier based in Columbus, Ohio. Founded in 1993, they are built on a philosophy of customer service.SafeAuto provides the right insurance for the right price for drivers in 17 states across the country so driver can enjoy the road ahead.

Verikai

Seed Round in 2018
Verikai Inc is an insurance technology company based in San Francisco, California, established in 2016. The company offers a consumer insights platform tailored for insurance and financial services, utilizing alternative data and machine learning to enhance risk assessment and underwriting efficiency. Verikai's platform provides detailed risk reports that enable insurance companies to optimize their underwriting processes, ultimately improving new business acquisition and minimizing losses. By analyzing consumer behavior on an individual basis, the platform facilitates fraud detection and offers insights into price elasticity, allowing businesses to effectively target and prioritize consumers based on their potential lifetime value. This approach aims to broaden access to a diverse range of insurance products for both consumers and businesses.

Quotit

Acquisition in 2017
Quotit is a leading provider of cloud-based software for the health insurance industry. Its platform streamlines quoting, enrollment, and management of health insurance policies, enabling agents to automate processes, compare plans, manage client relationships, and improve overall efficiency.

Direct General Insurance

Acquisition in 2016
Direct General is a provider of non-standard auto insurance, selling products via 400 storefronts, a call center and the web (www.directgeneral.com) in 13 southeastern states. In addition to auto insurance, the company sells other financial products and services including life insurance, roadside assistance, pre-paid debit cards, emergency protection and tax preparation services. Direct has over 2400 employees and over $500 million in annual revenues.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.