First Charter Company

Marion, United States Founded: 1954 • Age: 72 yrs Acquired By Relation Insurance
Provider of auto, home, business, pet, farm life insurance services

About First Charter Company

First Charter Company is a company based in Marion (United States) founded in 1954 was acquired by Relation Insurance in December 2008.. First Charter Company offers products and services including Auto Insurance, Home Insurance, Business Insurance, and Life Insurance. First Charter Company operates in a competitive market with competitors including State Farm, HUB International, Prudential, Assurant and Voya Financial, among others.

  • Headquarter Marion, United States
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name First Charter Company Inc.
Operational Areas
Financial Services → Insurance & Risk Management
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Relation Insurance

    (Dec 01, 2008)

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Products & Services of First Charter Company

First Charter Company offers a comprehensive portfolio of products and services, including Auto Insurance, Home Insurance, Business Insurance, and Life 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.

Primary

Coverage for vehicles against accidents, theft, and liabilities

Protection for homes, belongings, and related risks

Insurance for business assets, operations, and liabilities

Financial protection for families in case of death

Funding Insights of First Charter Company

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in First Charter Company

First Charter Company has secured backing from 1 investor. Prominent investors backing the company include Relation Insurance. 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.

All
Investor Description Founded Year Domain Location
Provider of insurance brokerage services
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by First Charter Company

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - First Charter Company

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

First Charter Company Comparisons

Employees
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Competitors of First Charter Company

First Charter Company 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, HUB International, Prudential, Assurant 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
domain founded_year HQ Location
Insurance and financial services are provided to individuals and businesses.
domain founded_year HQ Location
Investment advisory, insurance distribution, and risk management services are provided.
domain founded_year HQ Location
Life, health, and financial insurance services are provided globally.
domain founded_year HQ Location
Homeowner, rental, vehicle, flood, and travel insurance services are provided.
domain founded_year HQ Location
Provider of pension fund for the employees based out of the US
domain founded_year HQ Location
Life insurance and diversified asset management services are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on First Charter Company

Frequently Asked Questions about First Charter Company

When was First Charter Company founded?

First Charter Company was founded in 1954.

Where is First Charter Company located?

First Charter Company is headquartered in Marion, United States.

What does First Charter Company do?

First Charter Company was established in 1954 in Marion, United States, within the insurance sector. A range of coverage options is offered, including auto, home, business, pet, farm, and life insurance. Operations are based in the United States, serving individual and commercial clients with policies tailored to diverse needs. The company maintains a presence through its domain, firstcharterins.com, focusing on standard insurance provisions.

Who are the top competitors of First Charter Company?

First Charter Company's top competitors include HUB International, Kemper and Assurant.

What products or services does First Charter Company offer?

First Charter Company offers Auto Insurance, Home Insurance, Business Insurance, and Life Insurance.

Who are First Charter Company's investors?

First Charter Company has 1 investor. Key investors include Relation Insurance.

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