Wick Pilcher Insurance, Inc.

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Wick Pilcher Insurance, Inc. - overview

Established

1992

Location

Phoenix, AZ, US

Primary Industry

Insurance

About

Wick Pilcher Insurance, Inc. is a comprehensive insurance provider delivering tailored solutions for individuals and businesses. Their offerings include property, liability, and auto insurance, ensuring clients are protected against various risks. Founded in 1992, Wick Pilcher Insurance, Inc.


operates in Phoenix, US, offering a range of insurance services. The firm was acquired by USI Holdings Corporation, a portfolio company of Onex Corporation, in January 2013, with financial terms not disclosed. No information on changes in business operations or subsidiaries is available. Wick Pilcher Insurance offers a range of insurance products tailored to meet the needs of both individual and business clients.


Their core offerings include comprehensive coverage options such as property, liability, and auto insurance, designed to mitigate risks faced by policyholders in various sectors. The company serves customers primarily in the southeastern United States, focusing on states like Florida, Georgia, and Alabama, catering to small to medium-sized enterprises (SMEs) as well as individual consumers seeking reliable insurance solutions. Wick Pilcher Insurance generates revenue through direct-to-consumer sales and business-to-business partnerships, with transactions structured around premium payments for their insurance policies. Clients engage with the firm by selecting tailored coverage plans, resulting in pricing tiers based on the type and extent of coverage required.


The firm employs a subscription model where policyholders pay annual or monthly premiums in exchange for insurance protection. Key revenue contributors include customized business liability policies and auto insurance packages, reflecting the company’s focus on delivering value-driven solutions to its clientele. The company is currently focused on enhancing its product offerings and expanding into new markets. Specific plans include the development of new insurance products tailored to emerging consumer needs.


Additionally, Wick Pilcher Insurance aims to broaden its reach into untapped markets within the southeastern United States. The financial backing from the acquisition by USI Holdings Corporation will support these initiatives. The most recent deal was finalized on January 4, 2013.


Current Investors

USI Insurance Services

Primary Industry

Insurance

Sub Industries

Insurance

Website

www.wickpilcherins.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Wick Pilcher Insurance, Inc. - 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-onCompletedWick Pilcher Insurance, Inc.-

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