Company profile: 21st Century Insurance
1.1 - Company Overview
Company description
- Provider of auto insurance with liability, comprehensive and collision coverage; homeowners insurance via partnerships; personal umbrella liability; motorcycle and watercraft coverage; and customizable renters insurance through Toggle. Part of Farmers Insurance Group of Companies, serving customers since 1958.
Products and services
- Auto Insurance: 21st Century Insurance delivers comprehensive-coverage auto policies for vehicles and drivers, spanning liability, collision, and comprehensive protections with superior service focused on customer savings
- Personal Umbrella Liability Insurance: 21st Century Insurance offers additional-liability personal umbrella coverage beyond the limits of standard policies, protecting against major claims and lawsuits with higher-limit liability protection
- Homeowners Insurance: 21st Century Insurance supplies partnership-delivered homeowners coverage that protects property and addresses liability for homeowners, extending insurance through partnerships to safeguard dwellings and belongings
Key contacts
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Financial details
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1.2 - Competitors and similar companies to 21st Century Insurance
United Insurance Group
HQ: United States
Website
- Description: Provider of commercial, auto, personal, homeowners, renters, condo, landlord, and earthquake insurance. Auto options include windshield repair, towing, and low-mileage discounts; homeowners options include service line and equipment breakdown; renters offers identity theft protection; condo includes loss of use and optional earthquake coverage; landlord policies protect rental properties; commercial coverage for businesses.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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View full United Insurance Group company profile →
Prudential
HQ: United States
Website
- Description: Provider of investment management, life insurance, and retirement solutions for individuals and institutional customers to grow and protect wealth, including retirement planning services, annuities that provide a steady income stream, individual retirement accounts (traditional and Roth), and workplace retirement plans.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Prudential company profile →
AmeriLife
HQ: United States
Website
- Description: Provider of annuity, life, and health insurance solutions that protect consumers’ health and retirement needs, including Medicare Advantage, Medicare Supplement, Prescription Drug Plans, ACA-compliant health insurance, life insurance, and annuities, serving pre-retirees and retirees.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full AmeriLife company profile →
McDougall Insurance
HQ: Canada
Website
- Description: Provider of property, auto, recreation, and commercial insurance brokerage services.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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View full McDougall Insurance company profile →
Midwest Holding
HQ: United States
Website
- Description: Provider of life insurance products and services, engaged in underwriting and marketing multi-benefit policies combining cash value life insurance with tax-deferred annuities and single-premium term life; plus m.pas, a cloud-based policy administration solution for end-to-end launch of new insurance products, and 1505, an SEC-registered investment advisor with risk-management technology and asset liability management solutions.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Midwest Holding company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for 21st Century Insurance
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Buyer group 3: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to 21st Century Insurance
2.2 - Growth funds investing in similar companies to 21st Century Insurance
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4 - Top valuation comps for 21st Century Insurance
4.2 - Public trading comparable groups for 21st Century Insurance
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