Pershing Square Holdings
Secondary Market in 2024
Pershing Square Holdings, Ltd. is a closed-ended investment holding company formed on February 2, 2012, and domiciled in Guernsey. The company focuses on preserving capital while seeking maximum long-term capital appreciation with a reasonable level of risk. It invests primarily in public equity and fixed income markets globally, targeting value stocks across various sectors. Its investment strategy includes taking long and occasionally short positions in equity or debt securities of both U.S. and non-U.S. issuers, as well as utilizing derivative instruments and other financial instruments.
Allianz - MidCorp and Entertainment Business
Acquisition in 2024
Allianz - MidCorp and Entertainment Business provides insurance services intended for the mid-market and entertainment sectors.
Rainbow
Seed Round in 2024
Rainbow offers insurance to small enterprises, beginning with eateries.
Reserv is a digital claims third-party administrator focused on optimizing property and casualty (P&C) claims through innovative technology solutions. The company develops modern systems designed to enhance the efficiency of the claims process, addressing critical resource challenges within the claims ecosystem. By offering solution-oriented products and services, Reserv aims to improve outcomes for users while ensuring compliance with insurance carriers. Additionally, the company serves as an incubator for testing new technologies and artificial intelligence services, driving advancements in claims innovation and operational effectiveness.
NOW Insurance
Corporate Round in 2023
NOW Insurance, established in 2019 and headquartered in Houston, Texas, is an insurance agency specializing in providing tailored coverage to small businesses and professionals in the United States. It offers a range of insurance products, including professional and general liability, health and benefits, and cyber liability, catering to diverse industries such as business services, consulting, healthcare, and wellness. Leveraging AI technology and industry expertise, NOW Insurance streamlines the purchasing process, delivering fast quotes at competitive prices and exceptional customer service.
Thimble
Acquisition in 2023
Thimble Insurance Services, founded in 2015 and based in New York, offers on-demand insurance solutions tailored for small businesses and independent workers. The company provides A-rated liability coverage across more than 100 professions, including landscapers, beauticians, dog walkers, handymen, DJs, and musicians. Thimble's flexible and versatile insurance products cater to the unique needs of freelancers and contractors, allowing them to secure coverage for specific jobs on a short-term basis. Originally recognized for pioneering drone insurance, Thimble has evolved to become a comprehensive partner for small businesses navigating the on-demand economy. As a licensed insurance broker, Thimble operates in all 50 states and the District of Columbia, ensuring that policy details, eligibility, and pricing are accessible through its app.
Reserv is a digital claims third-party administrator focused on optimizing property and casualty (P&C) claims through innovative technology solutions. The company develops modern systems designed to enhance the efficiency of the claims process, addressing critical resource challenges within the claims ecosystem. By offering solution-oriented products and services, Reserv aims to improve outcomes for users while ensuring compliance with insurance carriers. Additionally, the company serves as an incubator for testing new technologies and artificial intelligence services, driving advancements in claims innovation and operational effectiveness.
TheGuarantors
Series C in 2022
TheGuarantors is a FinTech company that specializes in providing innovative risk and financial solutions within the real estate sector. By leveraging data and industry expertise, TheGuarantors enhances the leasing process for landlords, leasing staff, brokers, and tenants. The company's platform serves as a financing tool, allowing tenants to replace traditional security deposits with a small annual fee, thereby making renting more affordable and efficient. This approach not only helps tenants free up capital but also offers landlords the protection they seek. TheGuarantors has received recognition in various rankings, highlighting its growth and impact in the real estate ecosystem.
StartSure
Seed Round in 2021
StartSure is a software platform focused on simplifying the acquisition of business insurance for small enterprises. By streamlining the process of obtaining, reviewing, and purchasing insurance, StartSure enables startups, entrepreneurs, and independent contractors to quickly receive quotes and access comprehensive and affordable insurance plans tailored to their specific needs. The platform is designed to make insurance more accessible and user-friendly, thereby supporting the growth and protection of small businesses.
Westpac Lenders Mortgage Insurance
Acquisition in 2021
Westpac Lenders Mortgage Insurance is an Australian Prudential Regulation Authority (APRA) authorized captive lenders mortgage insurance (LMI) provider to the Westpac Group (Westpac).
Watford Re
Acquisition in 2020
Watford Re operates as a specialty insurer and reinsurer, focusing on property, casualty, and mortgage insurance and reinsurance on a global scale. Established in 2013 and headquartered in Pembroke, Bermuda, the company launched its reinsurance operations in 2014 and subsequently expanded into insurance operations in 2015. Watford Re provides a variety of casualty reinsurance products, including medical malpractice liability and workers’ compensation, as well as specialty reinsurance solutions for personal and commercial lines, such as automobile and agriculture. The company's disciplined underwriting strategy and partnerships with experienced underwriting and investment managers allow it to offer tailored solutions and competitive terms to clients while aiming for attractive returns for shareholders.
Mcneil & Company
Acquisition in 2018
McNeil & Company, Inc., established in 1989 and headquartered in Cortland, New York, provides specialized insurance and risk management services. The company has established itself as a nationwide leader by focusing on the unique needs of its clients, offering tailored insurance policies and comprehensive risk management solutions. With a commitment to understanding clients’ businesses, McNeil & Company develops customized programs that emphasize prevention and loss mitigation. Their approach combines in-depth industry knowledge with consultative services, ensuring that clients receive the most appropriate coverage and support. The company's expertise spans marketing, claims, and underwriting, enabling both individual and commercial clients to effectively manage their risk exposure.
AIG United Guaranty Insurance (Asia)
Acquisition in 2017
AIG United Guaranty Insurance (Asia) offers mortgage insurance and reinsurance products.
Premia Capital
Private Equity Round in 2017
Premia Holdings invests its expertise and a modest amount of capital to secure minority stakes in high-growth technology businesses in the US and Europe. Premia Holdings also provides a range of advisory services to organizations grappling with the threats and opportunities posed by digital disruption.
United Guaranty
Acquisition in 2016
United Guaranty is a residential insurance company based in Greensboro, North Carolina, specializing in mortgage insurance products and services for lenders and credit unions. Established in 1963, the company has over 900 employees dedicated to providing comprehensive risk management and financial services. United Guaranty's primary offering is first-lien mortgage guaranty insurance, which safeguards lenders from losses incurred due to borrower defaults on home loans. This insurance enables lenders to offer higher loan-to-value ratios, allowing homebuyers to secure financing with lower down payments. By mitigating the risks associated with high LTV mortgages, United Guaranty plays a crucial role in facilitating homeownership and enhancing market access for borrowers.