Union First Insurance Solutions, LLC

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Union First Insurance Solutions, LLC - overview

Location

Irvine, CA, US

Primary Industry

Insurance

About

Union First Insurance Solutions, LLC is a specialized provider of tailored insurance solutions, focusing on a diverse array of personal and commercial coverage options to ensure the safety and security of its clients. Union First Insurance Solutions, LLC provides tailored insurance services to both individuals and businesses. The company is based in Irvine, US, and has successfully completed 1 deal as of December 9, 2024. The firm was acquired by Alliant Insurance Services, Inc.


, which enhances the latter's service offerings and global reach. Union First Solutions specializes in providing comprehensive insurance solutions tailored to meet the diverse needs of its clients. The company's core product offerings include a range of insurance policies designed to protect individuals and businesses against various risks, thereby ensuring their safety and security. These offerings are particularly focused on sectors that require reliable coverage, such as personal insurance for homeowners and auto owners, as well as commercial insurance for businesses.


Union First Solutions serves a diverse client base, including families, small to medium-sized enterprises, and larger corporations across multiple geographical markets, including the Northeast, Midwest, and select regions in the Southeast of the United States. The primary end users of these services are individuals seeking personal insurance and businesses aiming to mitigate financial risks associated with operational uncertainties. Revenue for Union First Solutions is generated through direct interactions with clients seeking insurance coverage. The company operates primarily on a B2C model, offering direct-to-consumer insurance policies that are customized to meet the specific needs of its clients.


Business transactions typically involve clients purchasing insurance products through personalized consultations, followed by premium payments that are structured on an annual or semi-annual basis. Notably, the company may offer various pricing plans that cater to different coverage levels, ensuring that clients can select options that best fit their financial situations and risk management needs. Revenue is further supported by renewals of existing policies, which contribute to a steady income stream as customers maintain their coverage with Union First Solutions. The acquisition of Union First Insurance Solutions, LLC by Alliant Insurance Services, Inc.


in December 2024 will create new opportunities for growth. While specific future products have not been disclosed, the acquisition is expected to enhance Alliant's service offerings globally. Plans for expansion into new markets or geographic regions have not been detailed, but the combination aims to leverage both firms' strengths to tap into previously underserved areas. The rationale behind this acquisition highlights the strategic intent to bolster Alliant's position in the insurance market.


Current Investors

Alliant Insurance Services, Inc.

Primary Industry

Insurance

Sub Industries

Consulting Services, Claims Administration & Processing

Website

www.unionfirstsolutions.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Union First Insurance Solutions, 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-onCompletedUnion First Insurance Solutions, LLC-

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