Trean Insurance Group

Wayzata, United States Founded: 1996 • Age: 30 yrs Acquired By Altaris
Insurance brokerage services are offered nationwide by Trean Insurance Group.

About Trean Insurance Group

Trean Insurance Group is a company based in Wayzata (United States) founded in 1996 was acquired by Altaris in January 2023.. The company has 1 employees as of June 30, 2021. Trean Insurance Group offers products and services including Insurance Management and Reinsurance Consulting.

  • Headquarter Wayzata, United States
  • Employees 1 as on 30 Jun, 2021
  • Stage Public
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Legal Name Trean Insurance Group, Inc
Operational Areas
Financial Services → Insurance & Risk Management
Key Metrics
  • Annual Revenue
    $303.24 M
    39
    as on Dec 31, 2022
  • Net Profit
    $-65.96 M
    -441
    as on Dec 31, 2022
  • EBITDA
    $-64.78 M
    -359
    as on Dec 31, 2022
  • Latest Funding Round
  • Investors
  • Employee Count
    1

    as on Jun 30, 2021

  • Acquired by
    Altaris

    (Jan 04, 2023)

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Products & Services of Trean Insurance Group

Trean Insurance Group offers a comprehensive portfolio of products and services, including Insurance Management and Reinsurance Consulting. 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

Insurance operations are consulted on by professionals with expertise in various aspects, ensuring customized solutions are delivered to clients.

Reinsurance solutions are provided to support business goals, with a focus on developing profitable operations through analytical and regulatory expertise.

People of Trean Insurance Group
Headcount 200-500
Employee Profiles 25
Board Members and Advisors 6
Employee Profiles
People
Eric Madsen
Project Manager
People
Matthew J. Spencer
Chief Information Officer
People
Kiely Carlson
Marketing Communications Manager
People
David Niemeier
Principal Data Engineer

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Board Members and Advisors
people
Mary A. Chaput
Director
people
Randall D. Jones
Director

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Funding Insights of Trean Insurance Group

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 Trean Insurance Group

Trean Insurance Group has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Altaris. 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
Venture Fund
Investor Description Founded Year Domain Location
PE firm invests in the US
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 Trean Insurance Group

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 - Trean Insurance Group

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

Trean Insurance Group Comparisons

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Competitors of Trean Insurance Group

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 Trean Insurance Group

Frequently Asked Questions about Trean Insurance Group

When was Trean Insurance Group founded?

Trean Insurance Group was founded in 1996.

Where is Trean Insurance Group located?

Trean Insurance Group is headquartered in Wayzata, United States. It is registered at Wayzata, Minnesota, United States.

Who is the current CEO of Trean Insurance Group?

Andrew O'Brien is the current CEO of Trean Insurance Group.

How many employees does Trean Insurance Group have?

As of Jun 30, 2021, the latest employee count at Trean Insurance Group is 1.

What is the annual revenue of Trean Insurance Group?

Annual revenue of Trean Insurance Group is $303.24M as on Dec 31, 2022.

What does Trean Insurance Group do?

Trean Insurance Group was established in 1996 as an insurance brokerage firm based in Wayzata, Minnesota, United States. Operations focus on providing brokerage services within the property and casualty insurance sector. Coverage is extended to various commercial risks, including workers compensation and general liability. Leadership is provided by CEO Andrew OBrien, with activities centered on client risk management and policy placement across the U.S. market.

What products or services does Trean Insurance Group offer?

Trean Insurance Group offers Insurance Management and Reinsurance Consulting.

Who are Trean Insurance Group's investors?

Trean Insurance Group has 1 investor. Key investors include Altaris.

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