Contractors Bonding And Insurance - Ownership and Business Overview

InsuranceCompany

Contractors Bonding And Insurance Ownership

Who owns Contractors Bonding And Insurance?

Contractors Bonding And Insurance is owned by RLI. It was acquired on December 22, 2010.

Contractors Bonding And Insurance Business Overview

Where is Contractors Bonding And Insurance headquartered?

Contractors Bonding And Insurance is headquartered in Peoria, Illinois.

What sector is Contractors Bonding And Insurance in?

Contractors Bonding And Insurance is an insurance company.

When was Contractors Bonding And Insurance founded?

Contractors Bonding And Insurance was founded in 1979.

Insurance M&A Summary in 2010

Out of 60 sectors in the Mergr database, insurance ranked 12 in number of deals in 2010. The largest insurance acquisition in 2010 was American Life Insurance - which was acquired by MetLife for $16.2B.

Join Mergr to view all 142 acquisitions of insurance companies in 2010, including 13 acquisitions by private equity firms, and 129 by strategics.

Acquired by RLI Corp. (Company) on 2010-12-22

Contractors Bonding And Insurance Co.

9025 North Lindbergh Drive,
Peoria, Illinois 61615
United States,
(309) 692-1000
www.cbic.com

Contractors Bonding And Insurance Co. is a insurance company specializing in surety bonds and related niche property and casualty insurance products. CBIC serves over 30,000 contractors and over 4,000 insurance agents and brokers nationwide. CBIC operates 13 regional branch offices and is considered a leading writer of contractor license bonds in the Northwest.

Company Summary

SECTOR

Established

1979

Subsidiary of

RLI

Investor History
2010-12-22
Add-on Acquisition

137M USD

RLI

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