About RMIC
RMIC is a company based in Winston-salem (United States) founded in 1972.. RMIC offers products and services including Mortgage Insurance. RMIC operates in a competitive market with competitors including Essent, Radian, Old Republic Title, National Agents Alliance and The Servion Group, among others.
- Headquarter Winston-salem, United States
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Republic Mortgage Insurance Company
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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
Employee Count
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Acquired by
(Nov 13, 2023)
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Products & Services of RMIC
RMIC offers a comprehensive portfolio of products and services, including Mortgage 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.
Protects lenders from defaults on residential property loans.
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Funding Insights of RMIC
| 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 RMIC
| 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 - RMIC
| 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 |
Rmic Comparisons
Competitors of RMIC
RMIC 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 Essent, Radian, Old Republic Title, National Agents Alliance and The Servion Group, 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 |
Mortgage and title insurance services are provided by Essent.
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| domain | founded_year | HQ Location |
Mortgage insurance is provided by Radian to support home lending.
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| domain | founded_year | HQ Location |
Mortgage guarantee insurance is provided for real estate transactions.
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| domain | founded_year | HQ Location |
Mortgage protection services are provided via agent networks.
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| domain | founded_year | HQ Location |
Partners with financial institutions for mortgage, realty, title, and lending solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 RMIC
When was RMIC founded?
RMIC was founded in 1972.
Where is RMIC located?
RMIC is headquartered in Winston-salem, United States. It is registered at Winston-salem, North Carolina, United States.
What does RMIC do?
RMIC, founded in 1972 in Winston-Salem, United States, operates within the mortgage insurance sector. New policies are no longer issued, while existing ones are maintained and customers are assisted. Servicing is handled 247 through RMIC Direct. COVID-19 developments are tracked, with measures implemented to protect employee and customer safety. Operations emphasize policy administration over expansion.
Who are the top competitors of RMIC?
RMIC's top competitors include Radian, Essent and National Agents Alliance.
What products or services does RMIC offer?
RMIC offers Mortgage Insurance.
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