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Enterprise Insurance Coverage Providers sector

Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Enterprise Insurance Coverage Providers

1.1 - About Enterprise Insurance Coverage Providers sector

Companies in the Enterprise Insurance Coverage Providers category underwrite, price, and administer insurance policies that transfer risk for individuals, employers, and businesses. They offer multi-line coverage across auto, property and casualty, health, life, disability, and specialty risks, supported by claims management and risk engineering. These carriers distribute through independent agents, brokers, and direct channels, delivering financial protection, compliance support, and predictable loss outcomes for customers.

Typical capabilities include personal and commercial auto coverage, property and casualty programs for facilities and logistics, group life and disability benefits, health insurance and managed care plans, and specialty lines such as cyber, marine, and environmental. Carriers provide annuities for income accumulation and decumulation, F&I and warranty products in automotive channels, telematics-based usage pricing, multinational programs, and end-to-end policy administration with underwriting analytics, loss control, and claims adjudication.

Primary customer segments include individuals and households purchasing personal lines, employers and HR benefits teams managing workforce protection, and commercial enterprises seeking liability and asset coverage. Outcomes delivered encompass risk transfer and capital preservation, reduced total cost of risk through loss control, regulatory compliance support, and improved workforce continuity via income replacement and health coverage. Customers benefit from coordinated care models, faster claims resolution, and tailored programs for complex exposures.

2. Buyers in the Enterprise Insurance Coverage Providers sector

2.1 Top strategic acquirers of Enterprise Insurance Coverage Providers companies

Allianz Logo

Allianz

HQ: Germany Website
  • Description: Provider of insurance, asset management and financial protection solutions serving 122 million customers in over 70 countries, offering property and casualty, health and life coverage, business and trade credit insurance, and global asset management services through brands such as Allianz Commercial, Allianz Global Investors, Allianz Partners and Allianz Trade.
  • Key Products:
  • Property & Casualty Insurance: Protects personal property and liability, covering homes, automobiles and other assets, enabling individuals and companies to mitigate risk across everyday and specialty situations
  • Health & Life Insurance: Provides international health, life and disability coverage plus wellbeing services, adapting to changing life stages for private individuals, families and organizational partners
  • Asset Management: Manages about €1,960 bn in assets using active investment strategies across fixed income, equities and alternatives, helping private and institutional clients grow and safeguard wealth
  • Trade Credit Insurance & Surety Bonds: Through Allianz Trade, offers protection against bad debts, surety, debt collection and political risk, supported by real-time monitoring of 83 million companies in 160+ countries.
  • Rationale: Provider of P&C insurance coverage, international health and life insurance, and Allianz Trade credit insurance and surety with real-time monitoring.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
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2.2 - Strategic buyer groups for Enterprise Insurance Coverage Providers sector

M&A buyer group 1: Insurance Underwriters

5 companies View group →
Description: Financial Services Insurance Underwriting Firms assess, price, and bind risk across personal, commercial, and specialty lines. Acting as strategic buyers in insurance underwriting, they develop guidelines, analyze exposure, and allocate capacity to deliver tailored coverage and sustainable loss ratios. Their value lies in disciplined risk selection, rate adequacy, and efficient quote‑to‑bind processes that help brokers and insureds access appropriate protection while carriers achieve profitable growth.
Applied Underwriters

Applied Underwriters

Website HQ: United States
  • Type: N/A
  • Employees: ●●●●●
  • Description: Provider of global risk services that help individuals and businesses manage uncertainty through integrated corporate services, insurance and reinsurance solutions, offering coverages such as workers’ compensation, transportation liability and physical damage, homeowners (California wildfire and Gulf Region hurricane), fine art and collections, financial lines, aerospace, environment and pollution, and shared and layered property.
  • Key Products:
  • Workers’ Compensation Coverage: Provides workers’ compensation insurance enabling businesses to address workplace injury risks and statutory obligations through the firm’s single-provider service model
  • Transportation Liability & Physical Damage Coverage: Delivers liability and physical damage insurance for transportation operators, shielding them from vehicular losses and related third-party claims
  • Homeowners Coverage: Offers homeowners policies tailored for California wildfire and Gulf Coast hurricane exposures, protecting residential clients against catastrophic property losses
  • Shared & Layered Property Programs: Supplies shared and layered property coverage structures that distribute complex or high-value property risks across insurers for comprehensive protection.
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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms in Enterprise Insurance Coverage Providers sector

3.1 - Buyout funds in the Enterprise Insurance Coverage Providers sector

Buyout Funds investing in Enterprise Insurance Coverage Providers companies

51+ funds
Description: Buyout funds focused on Enterprise Insurance Coverage Providers companies globally.

Apollo Global Management

Website HQ: United States
  • Type: Buyout
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: Technology companies in Enterprise Insurance Coverage Providers
  • Relevant M&A transactions / similar portfolio companies:
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2.2 - Strategic buyer groups for Enterprise Insurance Coverage Providers sector

Growth Equity Funds in Enterprise Insurance Coverage Providers companies

41+ funds
Description: Growth equity funds focused on Enterprise Insurance Coverage Providers companies globally.

Apax Partners

Website HQ: United States
  • Type: Growth
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: High-growth companies in Enterprise Insurance Coverage Providers
  • Relevant investments / similar portfolio companies:
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4 - Top valuation comps for Enterprise Insurance Coverage Providers companies

4.2 - Public trading comparable groups for Enterprise Insurance Coverage Providers sector

Valuation benchmark group 1: Property and Casualty Insurance Companies

36 companies View group →
Description: Public companies in this group underwrite and service property and casualty insurance across personal, commercial, and specialty lines, earning premiums and investment income on insurance float. They assume and price risk, manage claims, and maintain regulated capital to absorb losses. Analysts use them as public trading comparables and valuation benchmarks given shared underwriting models, product mixes, exposure to catastrophe cycles, and common metrics such as combined ratio and ROE.
Berkshire Hathaway logo

Berkshire Hathaway

  • Enterprise value: $●●●m
  • Market Cap: $●●●m
  • EV/Revenue: ●.●x
  • EV/EBITDA: ●●.●x
  • Description: Provider of diversified holding company services, operating through subsidiaries engaged in insurance, freight rail transportation, utilities, manufacturing, retailing, and various other businesses worldwide.
  • Key Products:
  • Insurance: Comprehensive insurance and reinsurance services for property, casualty, life, and health
  • Transportation: Freight rail transportation and logistics services
  • Utilities & Energy: Electric and gas utility services and energy generation
  • Manufacturing: Production of industrial, consumer, and building products
  • Retailing: Operation of retail stores and distribution of various consumer goods.
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Revenue growth
Median
15.7%
2025E
16.0%
2026E
EBITDA margin
Median
28.2%
2025E
28.6%
2026E
Cash EBITDA margin
Median
27.6%
2025E
28.0%
2026E
EV/Revenue
Median
8.4x
2025E
6.8x
2026E
EV/EBITDA
Median
28.9x
2025E
24.4x
2026E
EV/Cash EBITDA
Median
29.0x
2025E
25.5x
2026E
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4.3 - M&A Transactions in the Enterprise Insurance Coverage Providers sector

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

Buyers & Acquirers in Enterprise Insurance Coverage Providers sector

Who are the top strategic acquirers of Enterprise Insurance Coverage Providers companies?

Top strategic buyers in this sector include Allianz, a provider of insurance, asset management and financial protection solutions serving 122 million customers in over 70 countries, offering property and casualty, health and life coverage, business and trade credit insurance, and global asset management services through brands such as allianz commercial, allianz global investors, allianz partners and allianz trade. .

Which buyer groups are most relevant for Enterprise Insurance Coverage Providers companies?

Relevant strategic buyer groups similar to the Enterprise Insurance Coverage Providers sector include Insurance Underwriters because they share similar customer segments and product capabilities.

Financial Investors in Enterprise Insurance Coverage Providers sector

Which are the top PE firms investing in Enterprise Insurance Coverage Providers companies?

Potential investors in the broader Enterprise Insurance Coverage Providers space include Apax Partners and Apollo Global Management.

Who are the top buyout funds acquiring Enterprise Insurance Coverage Providers companies?

Active PE funds and buyout funds acquiring companies in the Enterprise Insurance Coverage Providers space include Apollo Global Management.

Who are the top growth equity funds investing in Enterprise Insurance Coverage Providers companies?

Growth funds investing in the broader Enterprise Insurance Coverage Providers sector include Apax Partners.

Valuation of Companies in Enterprise Insurance Coverage Providers sector

Which are the key public companies that are relevant trading comps for Enterprise Insurance Coverage Providers companies?

Key trading comparable groups include Berkshire Hathaway, a provider of diversified holding company services, operating through subsidiaries engaged in insurance, freight rail transportation, utilities, manufacturing, retailing, and various other businesses worldwide..

Which are the key trading comparable groups for Enterprise Insurance Coverage Providers companies?

Similar trading comparable companies include Property and Casualty Insurance Companies. Our platform tracks detailed trading comparable groups in the Enterprise Insurance Coverage Providers sector with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in the Enterprise Insurance Coverage Providers sector?

Our platform tracks M&A transactions in the Enterprise Insurance Coverage Providers sector with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Enterprise Insurance Coverage Providers?

Access recent funding rounds in the Enterprise Insurance Coverage Providers sector including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors, valuations, and use of proceeds.

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