Trucordia Insurance Services, LLC

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Trucordia Insurance Services, LLC - overview

Established

1987

Location

Lindon, UT, US

Primary Industry

Insurance

About

Trucordia Insurance Services, LLC is a US-based company specializing in customized risk management and insurance solutions for individuals and businesses across diverse sectors, ensuring effective protection against unforeseen risks. Founded in 1987 and headquartered in Lindon, US, Trucordia Insurance Services, LLC, formerly known as PCF Insurance Services of the West, LLC, operates in the insurance sector, providing tailored solutions for risk management. In June 2025, Carlyle Group invested USD 1. 3 billion in a GROWTH round, which will enhance Trucordia's financial performance and operational capabilities.


The company has completed a total of 1 deal to date. Trucordia Insurance Services, LLC specializes in providing tailored risk management and insurance solutions that cater to both individuals and businesses across a variety of sectors. The company's core offerings encompass commercial insurance, personal insurance (including auto, life, home, and travel), and flexible benefits solutions designed to meet the unique needs of clients. Trucordia’s services aim to address specific end-use cases such as asset protection, risk mitigation, and employee benefits enhancement, ensuring individuals and organizations can focus on their primary objectives without the distractions of unforeseen risks.


The client base includes families, small businesses, large corporations, and various industries such as healthcare, transportation, and agriculture, reflecting a broad market reach. Trucordia’s products are sold primarily across the United States, providing solutions tailored to the distinct risks and regulatory requirements of each state. Trucordia operates under a revenue model that includes various transactional structures, such as B2B partnerships and direct-to-consumer engagements. Clients typically engage with the company through service agreements, where they pay for insurance products and risk management services that are customized to their specific needs.


The pricing structure is designed to reflect the complexity and coverage requirements of the client’s risk profile, encompassing a range of commercial and personal insurance options. The company’s flagship offerings—commercial insurance and comprehensive personal insurance plans—are structured to provide both premium coverage and competitive pricing tailored to market standards. The revenue generated from these services is driven by the growing demand for reliable risk management solutions across multiple industries, ensuring sustainable growth for Trucordia as it expands its client relationships and market presence. Trucordia Insurance Services, LLC plans to leverage the recent investment of USD 1.


3 billion from Carlyle Group, received in June 2025, to bolster its financial performance and operational capabilities. This funding will support the design and launch of upcoming new products aimed at enhancing their service offerings. Additionally, Trucordia is targeting expansion into new geographic regions, particularly focusing on states with emerging market opportunities by the end of 2026.


Current Investors

Carlyle Group

Primary Industry

Insurance

Sub Industries

Insurance Intermediaries

Website

www.trucordia.com

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Trucordia Insurance Services, LLC - 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-onCompletedFlorida Insurance, Inc.-
Add-onCompletedGlobal Financial & Insurance Services, Inc.-
Add-onCompletedOsborn Insurance Agency-
Add-onCompletedBreezy Seguros-
Add-onCompletedAssured Insurance Consultants, LLC-

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