Cincinnati Intermediaries, LLC

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Cincinnati Intermediaries, LLC - overview

Established

1987

Location

Cincinnati, OH-Ohio, US

Primary Industry

Insurance

About

Cincinnati Intermediaries, LLC provides comprehensive insurance brokerage and risk management services. The firm specializes in tailored insurance solutions to meet the diverse needs of various industries, ensuring compliance and effective risk mitigation. Founded in 1987 and headquartered in Cincinnati, US, Cincinnati Intermediaries, LLC specializes in insurance brokerage and risk management services. The firm was acquired by RSC Insurance Brokerage, Inc.


in June 2018. The founder's history is not detailed. Cincinnati Intermediaries, now part of One80 Intermediaries, specializes in providing a range of insurance brokerage and risk management services. Their core offerings focus on delivering tailored insurance solutions, including property and casualty coverage, professional liability, and specialty insurance products.


These services are designed to address the unique needs of diverse sectors, including healthcare, construction, and technology. The company aims to mitigate risks for its clients while ensuring compliance with industry regulations. Serving a broad client base that encompasses small to mid-sized businesses as well as larger enterprises, Cincinnati Intermediaries operates across various geographical markets, including the Midwest and Southeast regions of the United States. Their approach emphasizes a consultative sales process, ensuring that clients receive comprehensive solutions that align with their operational requirements.


Cincinnati Intermediaries generates revenue primarily through commission-based transactions for the insurance products and services it offers. The firm's business model typically involves establishing partnerships with insurance carriers, wherein they receive commissions for policies sold to clients. These transactions are structured as B2B arrangements, where the company acts as an intermediary between insurers and businesses seeking coverage. Flagship offerings may include bespoke insurance solutions tailored for specific industry needs, although precise pricing structures for these services are determined based on individual client negotiations and risk assessments.


The revenue stream is bolstered through continuous client engagement, ensuring that the firm remains a trusted advisor in risk management for its clientele, thus fostering long-term relationships that enhance profitability. Cincinnati Intermediaries plans to expand its offerings and geographic presence following its acquisition by RSC Insurance Brokerage. The firm aims to introduce new specialized insurance products to meet evolving market demands. Specific markets targeted for expansion include the Midwest and Southeast regions of the US, with strategic initiatives expected to roll out by 2023.


Recent funding from the acquisition will support these growth initiatives, enhancing their service portfolio and operational capabilities.


Current Investors

Risk Strategies

Primary Industry

Insurance

Sub Industries

Insurance Intermediaries

Website

www.cintermed.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Cincinnati Intermediaries, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedCincinnati Intermediaries, LLC-

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Cincinnati Intermediaries, LLC - employee data

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