About First Acceptance
First Acceptance is a company based in United States founded in 1969. It operates as a B2B, and B2C. The company has 1,189 employees as of December 31, 2021. First Acceptance offers products and services including Auto Insurance, Claims Service, and Roadside Assistance. First Acceptance operates in a competitive market with competitors including State Farm, Assurant, HUB International, Prudential and Voya Financial, among others.
- Headquarter United States
- Employees 1189 as on 31 Dec, 2021
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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 First Acceptance Insurance Company, 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
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Investors
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Employee Count
1189
as on Dec 31, 2021
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Products & Services of First Acceptance
First Acceptance offers a comprehensive portfolio of products and services, including Auto Insurance, Claims Service, and Roadside Assistance. 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.
Provides affordable coverage for vehicles and related risks
Handles insurance claims efficiently for policyholders
Offers help for roadside issues to insured customers
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Funding Insights of First Acceptance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investments & Acquisitions by First Acceptance
| 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 - First Acceptance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
First Acceptance Comparisons
Competitors of First Acceptance
First Acceptance 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 State Farm, Assurant, HUB International, Prudential and Voya Financial, 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 |
Insurance and financial services are provided to individuals and businesses.
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| domain | founded_year | HQ Location |
Homeowner, rental, vehicle, flood, and travel insurance services are provided.
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| domain | founded_year | HQ Location |
Investment advisory, insurance distribution, and risk management services are provided.
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| domain | founded_year | HQ Location |
Life, health, and financial insurance services are provided globally.
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| domain | founded_year | HQ Location |
Provider of pension fund for the employees based out of the US
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| domain | founded_year | HQ Location |
Insurance services for life, disability, and accident coverage are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about First Acceptance
When was First Acceptance founded?
First Acceptance was founded in 1969.
Where is First Acceptance located?
First Acceptance is headquartered in United States.
How many employees does First Acceptance have?
As of Dec 31, 2021, the latest employee count at First Acceptance is 1,189.
What does First Acceptance do?
First Acceptance Insurance Company underwrites and services insurance products, including auto insurance, through agents and online platforms. They operate in fourteen US states, providing reliable coverage and assistance for customers. With over 50 years of experience, they focus on affordable solutions, customer service via phone and online, and efficient claims handling to meet individual needs.
Who are the top competitors of First Acceptance?
First Acceptance's top competitors include HUB International, Unum and Assurant.
What products or services does First Acceptance offer?
First Acceptance offers Auto Insurance, Claims Service, and Roadside Assistance.