True-Course Aviation Insurance Services, Inc.
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True-Course Aviation Insurance Services, Inc. - overview
Established
2009
Location
Camarillo, CA, US
Primary Industry
Insurance
About
True-Course Aviation Insurance Services, Inc. delivers specialized insurance solutions tailored for the aviation sector, ensuring comprehensive coverage and risk management for its clientele. True-Course Aviation Insurance Services, Inc. focuses on aviation insurance services.
Founded in 2009 in Camarillo, US, the company has maintained its core focus since inception. It has completed one deal as of March 31, 2025, when it was acquired by Relation Insurance, Inc. , a portfolio company of Aquiline Capital Partners LP. The founder's history is not publicly available, and there is no mention of prior ventures.
True-Course specializes in delivering a suite of innovative insurance solutions tailored to meet the evolving needs of its diverse clientele in the aviation industry. The company's offerings include comprehensive insurance products designed specifically for aviation, enabling clients to manage risks effectively. True-Course primarily serves aviation operators, providing tools that address specific pain points in risk management and insurance coverage. Its solutions have gained traction in North America and Europe, catering to a range of customers from small operators to large aviation enterprises.
True-Course generates revenue through a structured model that emphasizes long-term partnerships and recurring transactions. The company primarily operates on a subscription-based pricing plan, allowing clients to access its insurance solutions on a monthly or annual basis. This model ensures steady cash flow while fostering customer loyalty. Additionally, True-Course engages in B2B transactions, collaborating with other aviation businesses to integrate its insurance offerings into their operations.
Each subscription tier offers various features and services, catering to different business sizes and needs, ensuring that clients derive maximum value from their investments in True-Course’s solutions. Following its acquisition by Relation Insurance, Inc. , True-Course Aviation Insurance Services, Inc. aims to enhance its aviation insurance offerings.
The acquisition will strengthen Relation Insurance's presence in the US aviation market. There are plans for expanding its market reach into new geographic regions, specifically focusing on strategic areas in North America and Europe by the end of 2025. The recent acquisition will provide the necessary resources to support these initiatives and facilitate the development of new products tailored to aviation insurance, although specific product release dates have not been disclosed.
Current Investors
Relation Insurance, Inc.
Primary Industry
Insurance
Sub Industries
Consulting Services, Commercial Insurance
Website
www.true-course.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
True-Course Aviation Insurance Services, Inc. - 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 | True-Course Aviation Insurance Services, Inc. | - |
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