Trust Shield Insurance Group

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Trust Shield Insurance Group - overview

Established

1993

Location

-, MI, US

Primary Industry

Insurance

About

Trust Shield Insurance Group, based in the US, specializes in providing a wide array of insurance coverage options tailored for both personal and business needs, ensuring comprehensive protection against various risks. Established in 1993, Trust Shield Insurance Group focuses on delivering customized insurance solutions. The company operates primarily in the Southwest Michigan market and has been acquired by High Street Insurance Partners, Inc. in April 2020.


Information about the founder is not available. Trust Shield Insurance Group offers a comprehensive range of insurance products catering to both personal and business needs. The core offerings include personal insurance such as homeowners, auto, and umbrella coverage, along with specialty insurance designed for specific sectors like farms, auto dealers, and food processing. On the business side, the company provides commercial insurance solutions encompassing general liability, workers' compensation, and professional liability, among others.


Trust Shield’s products aim to address the unique risks faced by individuals, families, and businesses in various industries, ensuring that their insurance needs are met with tailored solutions. The company primarily operates in the Southwest Michigan market, serving a diverse client base that includes families, small to medium-sized businesses, and specialized service providers, thereby ensuring comprehensive coverage across various demographics and sectors. Trust Shield Insurance Group generates revenue through the sale of various insurance policies, structured around personal and commercial coverage. The transactions typically occur in a direct-to-consumer format, where clients engage with the company to identify their insurance needs and select appropriate policies.


The pricing structure for these products is determined based on factors such as coverage type, risk assessment, and specific client requirements, without publicly available standard pricing plans. The revenue model is reinforced by continuous relationships with multiple insurance carriers, including Auto-Owners and Travelers Insurance, enhancing the company's offerings and enabling competitive pricing. Trust Shield further diversifies its revenue streams by providing specialized insurance solutions that cater to niche markets such as IT service providers and private schools, solidifying its position within the insurance sector. With the acquisition by High Street Insurance Partners, Inc.


in April 2020, Trust Shield Insurance Group is positioned for growth. Plans include the introduction of new insurance products aimed at expanding their market share. Specific markets targeted for expansion have not been disclosed, but the company is expected to leverage the resources of its parent firm to reach new clients in the upcoming years.


Current Investors

High Street Insurance Partners, Inc.

Primary Industry

Insurance

Sub Industries

Commercial Insurance, Health Insurance, Life Insurance, Personal Insurance

Website

www.trustshieldinsurance.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Trust Shield Insurance Group - 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-onCompletedTrust Shield Insurance Group-

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