About Vericity
Vericity is a Financial Services company based in Chicago (United States) founded in 2013, and was acquired by iA Financial Group in October 2023. Life insurance services are provided by Vericity. The company has 473 employees. Its chief executive, as recorded, is James E Hohmann. Its website vericity.com draws about 11 thousand monthly visits. Its focus areas include Insurance Carriers and Life. Its competitors include John Hancock, Western & Southern Financial Group and Nassau Financial Group; 1 of its 3 listed competitors has raised funding.
Company details
Vericity was established in 2013 in Chicago, United States, within the insurance sector. Life insurance services are delivered through its operations, focusing on policy distribution and management. The company is headquartered in Chicago and serves clients across the United States. Leadership is provided by CEO James E. Hohmann, overseeing core activities in the financial services industry.
- Headquarters Chicago, United States
- Employees 473
- Stage Acquired
- SectorsFinancial Services
- Website vericity.com
- Acquired by iA Financial Group (Oct 2023)
- Annual Revenue$177.57 M (USD)8as on Dec 31, 2023
- Net Profit-$9.89 M (USD)52as on Dec 31, 2023
- Investors
- Employee Count473
- Acquired byiA Financial Group
(Oct 2023)
Investors in Vericity
Vericity has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include iA Financial Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private foundations focused on insurance sectors | 1892 | ia.ca | Quebec City, Canada |
Investor details for Vericity
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People of Vericity
1 people are tracked at Vericity (1 in leadership); the tracked headcount is 473.
| Name | Role | Group |
|---|---|---|
James E Hohmann | CEO | Leadership |
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Timeline of Vericity
3 dated milestones of Vericity across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Vericity is founded.
- IPO Lists on the stock exchange (IPO).
- Exit Acquired by iA Financial Group.
Competitors of Vericity
Vericity has 3 listed competitors in our database, 1 of them funded. They include John Hancock, Western & Southern Financial Group and Nassau Financial Group.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| johnhancock.com | 1996 | Boston, United States | Offers life insurance products, investment advice, and retirement planning for individuals and businesses. | |||
| westernsouthern.com | 1888 | Cincinnati, United States | 3,692 | Life insurance, investments, and retirement solutions are provided to clients. | ||
| nfg.com | 1851 | Hartford, United States | $1.38B | Diversified insurance brokerage services are provided from Hartford. |
Detailed competitors of Vericity
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Web traffic of Vericity
The website of Vericity (vericity.com) receives about 11K visits a month.
- Monthly visits11K
▼ 44.7% vs previous month
Websites whose visitors overlap most with Vericity. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bitbucket.org | 100% | 12.5M | #3,629 | View details |
Top companies in Insurance & Risk Management
3 companies that operate in the same segment as Vericity (Insurance & Risk Management) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Investment advisory, insurance distribution, and risk management services are provided. | 1998 | Chicago, Illinois, United States | USD 1.6 B | |||
Financial institution offering insurance & transaction services | 1847 | Jacksonville, United States | USD 500 M | USD 14.51 B | 23,530 | |
Integrated healthcare services and coverage are provided nationwide. | 1945 | United States |
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Related news about Vericity
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Frequently Asked Questions about Vericity
Vericity was founded in 2013.
Vericity is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
James E Hohmann is the CEO of Vericity, as recorded in our data.
Vericity has 473 employees.
Annual revenue of Vericity is $177.57M as on Dec 31, 2023.
Vericity was established in 2013 in Chicago, United States, within the insurance sector. Life insurance services are delivered through its operations, focusing on policy distribution and management. The company is headquartered in Chicago and serves clients across the United States. Leadership is provided by CEO James E. Hohmann, overseeing core activities in the financial services industry.
Vericity's top competitors include Western & Southern Financial Group, Nassau Financial Group and John Hancock.
Vericity has 1 investor. Key investors include iA Financial Group.
Yes. Vericity was acquired by iA Financial Group in October 2023.