Global Atlantic

New York, United States Founded: 2004 • Age: 22 yrs Acquired By KKR
Life insurance services are provided by Global Atlantic Financial Group.
Annual revenue - Latest available
Total funding $1.5B 4 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About Global Atlantic

Global Atlantic is a company based in New York (United States) founded in 2004 was acquired by KKR in July 2020. It operates as a Subscription Services and Brokerage / Intermediation. Global Atlantic has raised $1.51 billion across 4 funding rounds from investors including KKR. Global Atlantic has completed 3 acquisitions, including Global Atlantic, Talcott Financial Group and eResi Mortgage. Global Atlantic offers products and services including Fixed Index Annuities, Life Insurance, and Pension Risk Transfer. Global Atlantic operates in a competitive market with competitors including Protective Life Insurance, AIG Life, Yurtle, Mobius Life and SunLife, among others.

  • Headquarter New York, United States
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name The Global Atlantic Financial Group Llc
Operational Areas
Financial Services → Insurance & Risk Management
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.51 B (USD)

    in 4 rounds

  • Latest Funding Round
    $500 M (USD), Series D

    Nov 30, 2022

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    KKR

    (Jul 08, 2020)

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Products & Services of Global Atlantic

Global Atlantic offers a comprehensive portfolio of products and services, including Fixed Index Annuities, Life Insurance, and Pension Risk Transfer.

Primary

Fixed index annuities are offered for retirement savings.

Life insurance products are provided for financial protection.

Pension risk transfer solutions are designed for institutions.

People of Global Atlantic

Headcount 1000-5000
Employee Profiles 14
Board Members and Advisors 7
Employee Profiles
People
Manu Sareen
Head of Institutional and CEO, Global Atlantic Re Limited
People
Allan Levine
Chairman & Chief Executive Officer
People
Paula Nelson
President, Retirement
People
Darryl Herrick
Co-Head, Reinsurance & President, Global Atlantic Re

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Funding Insights of Global Atlantic

Global Atlantic has successfully raised a total of $1.51B across 4 strategic funding rounds. The most recent funding activity was a Series D round of $500 million completed in November 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round Series D — $500.0M
  • First Round

    (15 May 2013)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2022 Amount Series D - Global Atlantic Valuation

investors

Sep, 2019 Amount Debt – Conventional - Global Atlantic Valuation

investors

Oct, 2016 Amount Debt – Conventional - Global Atlantic Valuation

investors

Investors in Global Atlantic

Global Atlantic has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include KKR.

All
Venture Fund
Investor Description Founded Year Domain Location
Multiple sectors are invested in by this private equity firm.
Founded Year Domain Location

Investments & Acquisitions by Global Atlantic

Global Atlantic has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Global Atlantic, Talcott Financial Group and eResi Mortgage.

Investments
Acquisitions
Company Name Description Domain Location Founded Year Amount
Residential mortgage loans are provided to customers.
2018
Talcott Financial Group is engaged in providing insurance and financial solutions.
2017
Life insurance firm
1985

Financial Statements - Global Atlantic

Global Atlantic Comparisons

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Competitors of Global Atlantic

Global Atlantic 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 Protective Life Insurance, AIG Life, Yurtle, Mobius Life and SunLife, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Life insurance policies are issued and managed for customers.
domain founded_year HQ Location
Life insurance policies are provided in the United Kingdom.
domain founded_year HQ Location
Life insurance services are provided online by Yurtle.
domain founded_year HQ Location
Life insurance policies are underwritten and distributed by Mobius Life.
domain founded_year HQ Location
Life insurance policies are provided by SunLife to UK customers.
domain founded_year HQ Location
Provides life insurance coverage to consumers via retail and partnerships worldwide.

Latest news on Global Atlantic

Frequently Asked Questions about Global Atlantic

Global Atlantic was founded in 2004 and raised its 1st funding round 9 years after it was founded.

Global Atlantic is headquartered in New York, United States. It is registered at New York, New York, United States.

Global Atlantic is a funded company, having raised a total of $1.51B across 4 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $250M, raised on May 15, 2013.

Global Atlantic is involved in offering a range of financial products, including fixed index annuities, life insurance, and pension risk transfer solutions. The company operates within the insurance and financial services sector, focusing on retirement planning and risk management. Innovative strategies are developed to secure clients financial futures, with tailored solutions provided for both individuals and institutional clients. A strong emphasis is placed on integrity and community support, ensuring that products and services are aligned with client needs across various markets.

Global Atlantic's top competitors include Protective Life Insurance, Yurtle and SunLife.

Global Atlantic offers Fixed Index Annuities, Life Insurance, and Pension Risk Transfer.

Global Atlantic has made 3 acquisitions, including Global Atlantic, Talcott Financial Group, and eResi Mortgage.

Global Atlantic has 1 investor. Key investors include KKR.

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