Group Insurance, Inc. Asset Profile

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Year established

1971

Location

Baton Rouge LA US

Primary Industry

Insurance

About

Based in Louisiana, US, and founded in 1971, Group Insurance, Inc operates as an insurance company that provides insurance brokerage, employee benefits, and consulting services. The company was founded by its CEO and president Dan Jumonville. In March 2021, Alliant Insurance Services, Inc., a portfolio company of the Public Sector Pension Investment Board and Stone Point Capital, acquired Group Insurance, Inc. The company offers employee benefits solutions and consulting services for health, life, final expense, accident, disability, dental, vision, and various other ancillary products. It also helps its clients with preparing and maintaining WRAP SPDs and WRAP plan documents, facilitating renewal and eligibility verification, surveying the marketplace for appropriate plans and carriers, helping in open enrolment, etc.

Current Investors

Alliant Insurance Services, Inc.

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Primary Industry

Insurance

Sub Industries

Consulting Services, Claims Administration & Processing, Insurance Intermediaries, Information Services

Website

www.groupinsuranceinc.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Deals

Deals Type
Add-on

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Completed	Group Insurance, Inc.	02 Mar 2021

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