Hardy Aviation Insurance, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Hardy Aviation Insurance, Inc. - overview

Established

1995

Location

Wichita, KS, US

Primary Industry

Insurance

About

Hardy Aviation Insurance, Inc. is a specialized insurance firm focusing on aviation-related risk management services for corporate and individual clients. It provides tailored insurance solutions to meet industry-specific needs. Hardy Aviation Insurance, Inc.


was founded in 1995 and is headquartered in Wichita, US. The company specializes in aviation insurance and was acquired by AssuredPartners Inc. in February 2019, although the financial terms of the acquisition were not disclosed. The firm has completed one total deal.


Hardy Aviation Insurance, Inc. specializes in a comprehensive range of insurance and risk management services tailored to individual and corporate clients. Its core offerings include property and casualty insurance, surety bonds, employee benefits, and personal insurance solutions. These services address the diverse needs of sectors such as aviation, healthcare, construction, and agribusiness.


The firm primarily serves corporate and business aircraft operators, airports, and aerospace manufacturers, leveraging its expertise in risk management to deliver tailored insurance packages that meet the unique challenges faced by these industries. Hardy Aviation Insurance operates in multiple geographical markets, focusing mainly on the United States while also extending services to international clients in the aviation sector. Hardy Aviation Insurance generates revenue through a structured transactional model encompassing various forms of insurance services. The company primarily engages in B2B transactions within the aviation and corporate sectors, providing comprehensive insurance packages that may include property and casualty insurance, employee benefits management, and surety bonds.


Services are priced based on the specific needs of each client and often involve customized solutions reflecting the complexities of their operations and risk profiles. The firm emphasizes long-term partnerships with clients, facilitating ongoing management of their insurance needs through subscription-like services and annual policy renewals. Looking ahead, Hardy Aviation Insurance plans to expand its product offerings and market presence. Although specific new products have not been detailed, the company's strategic focus is anticipated to include enhancements in insurance products tailored for the aviation industry.


Following its acquisition by AssuredPartners Inc. in February 2019, the firm is also expected to explore geographic expansion into new markets, although specific regions have not been disclosed. The recent acquisition has likely provided increased resources and support for these initiatives.


Current Investors

AssuredPartners, Inc.

Primary Industry

Insurance

Sub Industries

Insurance Intermediaries

Website

www.hardyaviationins.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Hardy Aviation Insurance, 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-onCompletedHardy Aviation Insurance, Inc.-

Displaying 1 - 1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.