Infinity Insurance

Chicago, United States Founded: 1955 • Age: 71 yrs Acquired By Kemper
App-based auto insurance is offered to individuals and businesses.
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About Infinity Insurance

Infinity Insurance is a company based in Chicago (United States) founded in 1955 was acquired by Kemper in February 2018.. Infinity Insurance offers products and services including Personal Auto Insurance, Commercial Auto Insurance, SR-22 Insurance, Motorcycle Insurance, and ATV Insurance. Infinity Insurance operates in a competitive market with competitors including Clearcover, Cambridge Mobile Telematics, Metromile, HDVI and Sigo Insurance, among others.

  • Headquarter Chicago, United States
  • Sectors
    Transportation, Automotive & Logistics
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Infinity Insurance Agency, Inc.
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Financial Services → FinTech & Digital Finance
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Kemper

    (Feb 13, 2018)

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Products & Services of Infinity Insurance

Infinity Insurance offers a comprehensive portfolio of products and services, including Personal Auto Insurance, Commercial Auto Insurance, SR-22 Insurance, Motorcycle Insurance, and ATV 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

Covers personal vehicles for accidents and liabilities.

Protects business vehicles from work-related damages.

Provides proof of financial responsibility for drivers.

Insures motorcycles against accidents and theft.

Offers coverage for all-terrain vehicles and related risks.

Funding Insights of Infinity Insurance

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 Infinity Insurance

Infinity Insurance has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Kemper. 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
Institutional
Investor Description Founded Year Domain Location
Life, health, auto, and business insurance services are provided.
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 Infinity Insurance

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 - Infinity Insurance

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

Infinity Insurance Comparisons

Employees
+
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Competitors of Infinity Insurance

Infinity Insurance 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 Clearcover, Cambridge Mobile Telematics, Metromile, HDVI and Sigo Insurance, 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
Automotive insurance is delivered via an online platform.
domain founded_year HQ Location
Usage-based data monitoring solutions for the auto insurance industry
domain founded_year HQ Location
App that provides usage-based auto insurance platform for individuals
domain founded_year HQ Location
Telematics-based data & monitoring solutions for auto insurers and fleet owners
domain founded_year HQ Location
App-based auto insurance comparison is offered to individuals.
domain founded_year HQ Location
Vehicle data is monitored through plugin devices for usage-based insurance.
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 Infinity Insurance

Frequently Asked Questions about Infinity Insurance

When was Infinity Insurance founded?

Infinity Insurance was founded in 1955.

Where is Infinity Insurance located?

Infinity Insurance is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

Who is the current CEO of Infinity Insurance?

Joseph P Lacher is the current CEO of Infinity Insurance.

What does Infinity Insurance do?

Infinity Insurance was founded in 1955 and is headquartered in Chicago, United States. Operations focus on the insurance sector, with auto coverage delivered via a mobile app compatible with Android and iOS devices. Services extend to property insurance, liability insurance, life insurance, and claim assistance, targeting both individual and business clients.

Who are the top competitors of Infinity Insurance?

Infinity Insurance's top competitors include Clearcover, Metromile and Sigo Insurance.

What products or services does Infinity Insurance offer?

Infinity Insurance offers Personal Auto Insurance, Commercial Auto Insurance, SR-22 Insurance, Motorcycle Insurance, and ATV Insurance.

Who are Infinity Insurance's investors?

Infinity Insurance has 1 investor. Key investors include Kemper.

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