H.J. Knight International Insurance Agency, Inc.

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H.J. Knight International Insurance Agency, Inc. - overview

Established

1987

Location

Braintree, MA, US

Primary Industry

Insurance

About

H. J. Knight International Insurance Agency, Inc. provides comprehensive insurance and risk management solutions tailored for mid to large-sized organizations across various sectors, ensuring effective coverage through innovative services and partnerships.


Founded in 1987, H. J. Knight International Insurance Agency, Inc. operates out of Braintree, US, offering specialized insurance services.


The company was acquired by The Hilb Group, LLC, in December 2018, further expanding its operational capabilities. Sam DeLois serves as the CEO, guiding the company through its strategic initiatives and partnerships. H. J.


Knight International Insurance Agency, Inc. specializes in providing comprehensive insurance solutions and risk management services to meet the diverse needs of mid to large-sized organizations across various industries. The agency's core offerings include traditional insurance products, Stop Loss Insurance, captives, health benefits, life and disability insurance, and retirement funding solutions. They serve a diverse client base that includes Union Health and Welfare Funds, Taft Hartley groups, and multi-employer plans, establishing a reputation for navigating complex insurance landscapes.


Their services extend nationally, collaborating with various carriers to ensure competitive and comprehensive coverage. The introduction of the Zakim Health Captive in 2019 highlights their commitment to innovative risk management solutions, enabling employers to manage healthcare costs through customizable plans tailored to specific organizational requirements. Revenue for H. J.


Knight International Insurance Agency, Inc. is primarily generated through B2B transactions, as the firm directly engages clients with customized insurance offerings and consulting services. It operates on a partnership model with organizations, fostering long-term relationships aimed at continuous policy management and benefits administration. Clients typically enter subscription-like agreements for ongoing services, such as Stop Loss Insurance and employee benefit plans, ensuring year-round support and tailored solutions.


The pricing structure reflects the comprehensive nature of the products offered, with key services like the Zakim Health Captive playing a significant role in the revenue stream by addressing specific organizational needs and delivering substantial value to clients. H. J. Knight International Insurance Agency, Inc.


plans to leverage recent strategic developments to enhance its service offerings. While specific upcoming products have not been detailed, the company aims to expand its reach into new markets, focusing on regions that can benefit from their tailored insurance solutions. The funds from the acquisition in December 2018 will be utilized to support these initiatives, facilitating the development and launch of new services that align with market needs.


Current Investors

The Hilb Group, LLC

Primary Industry

Insurance

Sub Industries

Commercial Insurance

Website

www.knightint.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

H.J. Knight International Insurance Agency, Inc. - 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-onCompletedH.J. Knight International Insurance Agency, Inc.-

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