Royal & SunAlliance USA
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Royal & SunAlliance USA - overview
Established
1851
Location
Charlotte, NC, US
Primary Industry
Insurance
About
Royal & SunAlliance USA is a specialized insurance provider focusing on offering a wide range of financial protection solutions tailored for various sectors. The company is committed to delivering quality insurance products and services to its clients. Founded in 1851 in Charlotte, US, Royal & SunAlliance USA operates in the insurance sector, providing various coverage solutions. The company underwent a significant change when Arrowpoint Capital Corp.
completed the acquisition of all R&SA USA businesses from Royal & Sun Alliance Insurance Group plc of London on April 3, 2007, for USD 300 mn. This strategic move allowed for a more focused approach to its operations under new management, although specific subsidiary relationships were not disclosed. The company does not have public information about a founder. Royal & SunAlliance USA offers a diverse array of insurance products, including auto, home, and commercial insurance solutions.
Their services are designed to meet the unique needs of individuals and businesses, providing tailored coverage options. The company emphasizes risk management and customer service, ensuring clients can navigate their insurance needs effectively. The revenue for Royal & SunAlliance USA is generated through policy underwriting and premium collections from its insurance products. The operational model includes direct relationships with clients who purchase insurance policies, contributing to consistent revenue streams.
Specific financial figures detailing revenue performance were not provided. The company's growth strategy includes leveraging the recent acquisition by Arrowpoint Capital to expand its insurance offerings and enhance its market presence. Plans for future product launches are in development, although specific details and timelines have not been disclosed. The company aims to enter new geographic markets to increase its customer base and service reach, with an emphasis on integrating innovative insurance solutions that meet evolving consumer needs.
The funding from the acquisition deal will be utilized to support these initiatives and bolster operational capabilities to drive future growth.
Current Investors
Arrowpoint Ventures
Primary Industry
Insurance
Sub Industries
Insurance
Website
www.royalsunalliance-usa.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Royal & SunAlliance USA - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Royal & SunAlliance USA | - |
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