Guaranty Income Life Insurance Company
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Guaranty Income Life Insurance Company - overview
Established
1926
Location
Baton Rouge, LA, US
Primary Industry
Insurance
About
Guaranty Income Life Insurance Company, based in the US, offers a range of annuity products aimed at helping individuals secure their financial futures during retirement, emphasizing guaranteed income and market protection. Founded in 1926, Guaranty Income Life Insurance Company specializes in providing annuity products to support retirement planning. It is headquartered in Baton Rouge, US. In October 2016, the company was acquired by Kuvare Holdings, a move that marked a strategic shift in its operations.
Guaranty Income Life Insurance Company specializes in providing various annuity products to support individuals in achieving secure retirement. Their offerings include fixed indexed and traditional fixed annuities, designed as long-term savings vehicles that guarantee income during retirement. The company primarily serves hard-working Americans, focusing on pre-retirees and retirees, and operates across the continental United States, addressing financial challenges associated with retirement planning. In the most recent year, Guaranty Income Life generated revenue of USD 48.
60 mn with an EBITDA of USD 3. 05 mn, primarily through the issuance of annuity contracts. The company's revenue model includes direct-to-consumer sales and partnerships with financial professionals, ensuring clients receive tailored retirement income solutions. Guaranty Income Life Insurance Company aims to expand its product line by developing new annuity offerings targeting specific customer needs.
Furthermore, the company plans to penetrate additional geographical markets in the continental US by 2025. The acquisition by Kuvare Holdings in October 2016 will support these growth initiatives through enhanced resource allocation and strategic management.
Current Investors
Kuvare US Holdings, Inc.
Primary Industry
Insurance
Sub Industries
Life Insurance
Website
www.gilico.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Guaranty Income Life Insurance Company - deals
| Deals Type | 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Guaranty Income Life Insurance Company | - |
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