Kassa Insurance Services, Inc

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Kassa Insurance Services, Inc - overview

Established

1998

Location

Spokane, WA, US

Primary Industry

Insurance

About

Kassa Insurance Services, Inc. provides independent insurance adjusting services, focusing on integrity and professionalism to ensure efficient claims processing for clients, including insurance companies and individuals. Founded in 1998, Kassa Insurance Services, Inc. operates from Spokane, US, offering independent insurance adjusting services.


The company was acquired by Alliant Insurance Services in March 2015, a portfolio company of KKR. The founder's history is not publicly detailed. Kassa Insurance Services, Inc. specializes in independent insurance adjusting services, emphasizing integrity and professionalism.


They offer services such as multi-line adjusting, third-party administration, subrogation analysis, and inter-company arbitration, primarily serving clients in Spokane and Northern Idaho. Kassa Insurance Services generates revenue through direct service fees for its insurance adjusting and claims management services, operating mainly on a B2B basis with insurance providers and businesses. The fee structure varies based on the service complexity, ensuring no payment for disputed work products. Kassa Insurance Services plans to leverage its recent acquisition by Alliant Insurance Services to enhance its service offerings and expand its geographic reach.


Although specific new products or launch dates are not detailed, the company aims for growth in the Spokane and Northern Idaho regions following its acquisition in March 2015.


Current Investors

Alliant Insurance Services, Inc.

Primary Industry

Insurance

Sub Industries

Commercial Insurance, Personal Insurance

Website

www.kassains.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Kassa Insurance Services, 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-onCompletedKassa Insurance Services, Inc-

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