About Align General Insurance Agency
ALIGN General Insurance Agency is a fast growing general insurance agency that delivers quality, sustainable insurance products and services to its retail producers and superior underwriting returns to its insurance carrier partners.
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Latest Align General Insurance Agency News
Nov 11, 2019
Align Financial Holdings, LLC (“Align”), a leading general agency and specialist program underwriting manager based in San Diego, CA, today announced the acquisition of Deposit Choice, LLC (“Deposit Choice” or the “Company”), a national provider of surety bonds and insurance products to the multifamily industry. The acquisition of Deposit Choice and its innovative line of surety and insurance products fits well with Align’s strategy of providing an increasingly diversified portfolio of specialty property & casualty products to the insurance marketplace. Deposit Choice provides owners and managers of multifamily housing properties an alternative to the traditional cash security deposits they receive from tenants of their rental units. The Deposit Choice program reduces a renter’s initial cash outlay when signing a new lease. The Company also has a suite of insurance products that protect multifamily housing communities from fire, water, or liability-related losses caused by their tenants. Today, Deposit Choice products cover more than 200,000 units nationwide. “We’re delighted to be partnering with the Deposit Choice team and look forward to continuing to serve the excellent customer base they have developed over the past decade,” said Kieran Sweeney, CEO of Align. Timothy Fortner, Co-Founder of Deposit Choice, added, “Align’s underwriting-focused culture, emphasis on the effective use of technology and efficient process, and relationship-centric approach will be highly additive to Deposit Choice in its next phase of growth. We are excited to be working with our new partners at Align.” In August 2018, Align received a strategic growth investment from Bregal Sagemount, a $2 billion growth-focused technology private equity fund in New York City. About Align Financial Holdings, LLC Align Financial Holdings, LLC is an insurance holding company that owns and operates leading specialist program underwriting managers including Align General Insurance Agency, LLC and Catalytic Risk Managers & Insurance Agency, LLC. Formed in 2003 and headquartered in San Diego, California, Align General has executed a controlled growth and diversification plan that has seen it successfully launch eight diversified specialist product lines over the years. Align General has offices in San Diego, Atlanta, Kansas City and Tucson. For more information, please visit www.aligngeneral.com. Catalytic Risk Managers, is the leading independent program underwriting manager of property catastrophe insurance products in the United States. Specializing in commercial Earthquake DIC, Wind, All Perils, and Terrorism insurance, Catalytic is also one of the fastest growing underwriters in the property cat industry. Catalytic has offices in San Diego, Boulder, Chicago, and Los Angeles. For more information, please visit www.catalyticrisk.com. About Bregal Sagemount Bregal Sagemount is a growth-focused private capital firm with over $2 billion of committed capital. The firm provides flexible capital and strategic assistance to market-leading companies in high-growth sectors across a wide variety of transaction situations. Bregal Sagemount invests $40 million to $200 million per transaction into targeted sectors including software, digital infrastructure, healthcare IT / services, business and consumer services, and financial technology / specialty finance. For more information, please visit www.sagemount.com.
Align General Insurance Agency Frequently Asked Questions (FAQ)
Where is Align General Insurance Agency's headquarters?
Align General Insurance Agency's headquarters is located at 350 10th Ave, San Diego.
What is Align General Insurance Agency's latest funding round?
Align General Insurance Agency's latest funding round is Unattributed.
How much did Align General Insurance Agency raise?
Align General Insurance Agency raised a total of $7.55M.
Who are the investors of Align General Insurance Agency?
Investors of Align General Insurance Agency include Bregal Sagemount, Rockbrook Advisors and James River Group Holdings.
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