Lincoln Benefit Life Company
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Lincoln Benefit Life Company - overview
Established
1938
Location
Lincoln, NE, US
Primary Industry
Insurance
About
Lincoln Benefit Life Company is a provider of life insurance and annuity products, focused on delivering financial security and stability to individuals and families through various tailored offerings. Lincoln Benefit Life Company, founded in 1938, is located in Lincoln, US. The company specializes in life insurance and annuity products. No significant pivots or changes in operations have been reported.
The company has been through a recent acquisition attempt by Kuvare US Holdings, Inc. , expected to close by the end of 2019, after a prior agreement with Global Bankers Insurance Group was terminated in October 2018. The latest funding round is classified as an Add-on, with Resolution Life as the lead investor. Overall, Lincoln Benefit Life has been involved in 2 deals, with the most recent deal occurring on July 25, 2019.
Lincoln Benefit Life (LBL) specializes in life insurance and annuity products designed to offer financial security and stability for individuals and families. The core offerings include various life insurance policies and annuities that address financial uncertainties, providing benefits to beneficiaries upon the policyholder's death and serving as long-term investment vehicles. LBL caters to individual clients seeking reliable financial options across multiple states in the U. S.
In 2018, Lincoln Benefit Life reported a revenue of USD 371. 88 mn and an EBITDA of USD 20. 41 mn. The company's revenue model is based on the sale of life insurance and annuity contracts, generating income through premium payments made by policyholders.
Clients enter into agreements to pay regular premiums in exchange for financial protection or income guarantees, structured to support both direct-to-consumer and business-to-business interactions. Lincoln Benefit Life plans to leverage the proceeds from its recent funding round to enhance its product offerings and expand its market reach. The company is actively working on new life insurance and annuity products aimed at addressing emerging customer needs, with anticipated launches in late 2019. Additionally, LBL targets expansion into new geographic regions, aiming to increase its customer base in states beyond its current operations.
The company’s recent acquisition by Kuvare US Holdings, Inc. is expected to provide the necessary resources to support these growth initiatives.
Current Investors
Altamont Capital Partners, Access Holdings, Makena Capital Management
Primary Industry
Insurance
Sub Industries
Life Insurance
Website
www.lbl.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Lincoln Benefit Life 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, Trade Sale | Completed | Lincoln Benefit Life Company | - | ||||||||
| Add-on | Completed | Lincoln Benefit Life Company | - |
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