Mutual of Omaha

Omaha, United States Founded: 2010 • Age: 16 yrs Acquired By CIT
Insurance and financial services are provided across the United States.
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About Mutual of Omaha

Mutual of Omaha is a company based in Omaha (United States) founded in 2010 was acquired by CIT in January 2020.. Mutual of Omaha offers products and services including Life Insurance, Medicare Supplement Insurance, Dental Insurance, and Annuities. Mutual of Omaha operates in a competitive market with competitors including Nationwide, Farm Bureau Financial Services, OneAmerica, Church Mutual Insurance Company and Guarantee Trust Life Insurance, among others.

  • Headquarter Omaha, United States
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Mutual Of Omaha Insurance Company
Operational Areas
Financial Services → Insurance & Risk Management
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $300 M (USD), Debt – Conventional

    Oct 12, 2010

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    CIT

    (Jan 02, 2020)

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Products & Services of Mutual of Omaha

Mutual of Omaha offers a comprehensive portfolio of products and services, including Life Insurance, Medicare Supplement Insurance, Dental Insurance, and Annuities. 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

Provides financial protection for beneficiaries in case of death.

Enhances Medicare coverage for additional medical expenses and services.

Offers dental coverage through employer plans or individual policies.

Provides investment options for retirement income and financial security.

People of Mutual of Omaha
Headcount 5000-10000
Employee Profiles 455
Board Members and Advisors 5
Employee Profiles
People
Marci Taylor
Implementation Consultant
People
Tara Handegard
Talent Advisor
People
Richard Hrabchak
CFO
People
Doug Baker
Senior Associate General Counsel

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Board Members and Advisors
people
James R. Boyle
Director
people
Derek R. Mcclain
Lead Independent Director

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Funding Insights of Mutual of Omaha

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $300.0M
  • First Round

    (12 Oct 2010)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2010 Amount Debt – Conventional - Mutual of Omaha Valuation

investors

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 Mutual of Omaha

Mutual of Omaha has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include CIT. 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
Provider of commercial equipment financing 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 Mutual of Omaha

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 - Mutual of Omaha

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

Mutual Of Omaha Comparisons

Employees
+
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Competitors of Mutual of Omaha

Mutual of Omaha 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 Nationwide, Farm Bureau Financial Services, OneAmerica, Church Mutual Insurance Company and Guarantee Trust Life 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
Personal and business insurance products are offered by Nationwide.
domain founded_year HQ Location
Mutual insurance carrier
domain founded_year HQ Location
Provides life insurance, retirement plans, and employee benefits for individuals and employers.
domain founded_year HQ Location
Property and casualty insurance is provided to religious organizations.
domain founded_year HQ Location
Provides mutual life and health insurance services to individuals and families.
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 Mutual Of Omaha

Frequently Asked Questions about Mutual of Omaha

When was Mutual of Omaha founded?

Mutual of Omaha was founded in 2010.

Where is Mutual of Omaha located?

Mutual of Omaha is headquartered in Omaha, United States. It is registered at Omaha, Nebraska, United States.

What does Mutual of Omaha do?

Mutual of Omaha was founded in 2010 and operates within the insurance and financial services sector. Coverage options including Medicare supplements, life insurance, disability, long-term care, and annuities are offered to clients. Business activities are conducted nationwide from headquarters in Omaha, United States. In 2022, revenues totaled 12.53 billion, while a net loss of 0.17 billion was reported.

Who are the top competitors of Mutual of Omaha?

Mutual of Omaha's top competitors include Nationwide, Farm Bureau Financial Services and Church Mutual Insurance Company.

What products or services does Mutual of Omaha offer?

Mutual of Omaha offers Life Insurance, Medicare Supplement Insurance, Dental Insurance, and Annuities.

Who are Mutual of Omaha's investors?

Mutual of Omaha has 1 investor. Key investors include CIT.

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