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Fortegra secures $150 million to deepen partner relationships and enhance risk management

Fortegra secures $150 million to deepen partner relationships and enhance risk management

11/17/24, 2:08 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgjacksonville
Money
$150 million
Industry
insurance
Type
partnership
Fortegra has secured $150 million in strategic financing to deepen partner relationships through tailored insurance solutions, enhance risk management capabilities, and drive profitable growth. This will enable them to enhance specialty insurance offerings, expand warranty and consumer products businesses, and diversify their risk portfolio. CEO Ed Peña emphasized the commitment to delivering long-term value to partners, policyholders, and shareholders.

Company Info

Company
Fortegra
Location
jacksonville, north carolina, united states
Additional Info
For more than 45 years, Fortegra and its subsidiaries have delivered risk management solutions that help people and businesses succeed in the face of uncertainty. As a multinational specialty insurer, we offer a diverse set of admitted and surplus insurance products and warranty solutions. Fortegra’s A.M. Best Financial Strength Rating of A- (Excellent) is a result of our rigorous underwriting standards and consistent profitability. We underwrite a variety of insurance & insurance-related products on an admitted and non-admitted basis in the U.S. and throughout the world. Specialty Insurance We are a Multinational Specialty Insurer and a program carrier that retains risk, so we are committed to our partner's success. Our diverse portfolio of niche programmes, and flexibility as a carrier makes us an attractive partner across a variety of lines. Service Contracts: Service contracts for automobiles and consumer goods, as well as products that complement our insurance offerings such as premium finance and motor club.

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