Omni Insurance Group
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Omni Insurance Group - overview
Established
1986
Location
Atlanta, GA, US
Primary Industry
Insurance
About
Omni Insurance Group offers affordable car insurance solutions, catering to diverse customer needs with flexible payment options and a streamlined online quote system, enhancing access to essential insurance services. Omni Insurance Group specializes in providing car insurance solutions and was founded in 1986 in Atlanta, US. The company was acquired by American Independent Companies, a portfolio company of BlackRock, Wand Partners, and Inverness Management in December 2006. Omni Insurance Group provides affordable auto insurance options, focusing on low down payment plans and flexible monthly payment structures to accommodate various demographics across the United States.
The company's online platform allows individuals to access quotes quickly, supporting vehicle owners in making informed insurance decisions. Omni Insurance Group generates revenue through direct transactions with consumers, primarily through the sale of car insurance policies featuring various payment plans. The revenue structure includes both one-time premium payments and monthly installments, allowing for a predictable revenue stream while targeting budget-conscious customers with competitive pricing. As of December 2006, Omni Insurance Group seeks to leverage its acquisition by expanding its product offerings and market reach.
Plans for future growth include the development of new insurance products tailored for emerging markets and specific demographic groups, further enhancing their online services to streamline customer engagement.
Current Investors
American Independent Companies
Primary Industry
Insurance
Sub Industries
Commercial Insurance
Website
www.omni-insurance.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Omni Insurance Group - 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 | Omni Insurance Group | - |
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