Ability Insurance Company
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Ability Insurance Company - overview
Established
1967
Location
Omaha, NE, US
Primary Industry
Insurance
About
Based in Nebraska, US, and founded in 1967, Ability Insurance Company operates as an insurer and reinsurer of long-term care policies. In November 2021, Mount Logan Capital acquired Ability Insurance Company for USD 20 million, comprising of the issuance of an unsecured promissory note in the amount of USD 15 million and USD 5 million of common shares of Mount Logan. The company is a provider of long-term insurance policies and re-insurance services for third parties firms and the healthcare industry. Following the acquisition by Mount Logan Capital, the company intends to increase its clients, further insure additional customers, and support its growing portfolio and growth plans in the market.
Primary Industry
Insurance
Sub Industries
Health Insurance, Insurance Intermediaries, Reinsurance
Total Amount Raised
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