About American Modern
American Modern is a company based in Cincinnati (United States) founded in 1965 was acquired by Securian Financial in August 2011.. American Modern offers products and services including Residential Insurance, Recreational Insurance, Pet Health Insurance, and Earthquake Insurance. American Modern operates in a competitive market with competitors including National General Insurance, The Hanover Insurance Group, AmTrust Financial, The Hartford and Ambac Financial Group, among others.
- Headquarter Cincinnati, United States
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name American Modern Insurance Group, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Securian Financial
(Aug 18, 2011)
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Products & Services of American Modern
American Modern offers a comprehensive portfolio of products and services, including Residential Insurance, Recreational Insurance, Pet Health Insurance, and Earthquake Insurance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Coverage for homes and related properties.
Protection for collector vehicles, boats, and motorsports.
Insurance for pet wellness and medical needs.
Coverage against earthquake-related damages.
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Funding Insights of American Modern
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in American Modern
American Modern has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Securian Financial. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Financial holding company
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by American Modern
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - American Modern
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
American Modern Comparisons
Competitors of American Modern
American Modern operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as National General Insurance, The Hanover Insurance Group, AmTrust Financial, The Hartford and Ambac Financial Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Property and casualty insurance is provided by National General Insurance.
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Insurance brokerage services are provided to various clients.
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Property and casualty insurance company
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| domain | founded_year | HQ Location |
Insurance, benefits, and mutual funds are provided in financial services.
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Diversified investment management services are provided to institutional clients.
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Financial services are offered via investments and insurance operations.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on American Modern
Frequently Asked Questions about American Modern
When was American Modern founded?
American Modern was founded in 1965.
Where is American Modern located?
American Modern is headquartered in Cincinnati, United States. It is registered at Cincinnati, Ohio, United States.
Who is the current CEO of American Modern?
Andreas Kleiner is the current CEO of American Modern.
What does American Modern do?
American Modern, founded in 1965 in Cincinnati, United States, focuses on offering financial products and advice, insurance carriers, property casualty, and diversified. Property and casualty insurance carrier. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of American Modern?
American Modern's top competitors include National General Insurance, AmTrust Financial and First American.
What products or services does American Modern offer?
American Modern offers Residential Insurance, Recreational Insurance, Pet Health Insurance, and Earthquake Insurance.
Who are American Modern's investors?
American Modern has 1 investor. Key investors include Securian Financial.