M&A Deal Summary |
|
|---|---|
| Date | 2011-01-03 |
| Target | State Auto National Insurance Co. |
| Sector | Insurance |
| Buyer(s) | Hallmark Financial |
| Sellers(s) | State Auto Financial |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1987 |
| Sector | Insurance |
| Employees | 257 |
| Revenue | 160M USD (2022) |
Hallmark Financial is an insurance holding company engages in the sale of property/casualty insurance products to businesses and individuals. Hallmark's business involves marketing, distributing, underwriting and servicing commercial insurance, personal insurance and general aviation insurance, as well as providing other insurance related services. Hallmark Financial was founded in 1987 and is based in Dallas, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Insurance M&A | 3 of 3 |
| Type: Divestiture M&A Deals | 2 of 2 |
| State: Ohio M&A | 2 of 2 |
| Country: United States M&A | 4 of 4 |
| Year: 2011 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-12-31 |
Hallmark National Insurance Co.
Columbus, Ohio, United States Hallmark National Insurance Co. is a provider of personal automobile insurance services. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-10-07 |
Hallmark E&S
Dallas, Texas, United States Hallmark E&S provides Excess & Surplus Lines Operations that distributes through the wholesale insurance brokerage channel and are comprised of the Commercial Auto business unit which offers primary and excess commercial vehicle insurance products and services; the E&S Casualty business unit which offers primary and excess liability, excess public entity liability and E&S package and garage liability insurance products and services; the E&S Property business unit which offers primary and excess commercial property insurance for both catastrophe and non-catastrophe exposures; and the Professional Liability business unit which offers healthcare and financial lines professional liability insurance products and services primarily for businesses, medical professionals, medical facilities and senior care facilities. |
Sell | $40M |
| Category | Company |
|---|---|
| Founded | 1950 |
| Sector | Insurance |
| Revenue | 1.5B USD (2020) |
State Auto Financial is a regional property and casualty insurance holding company that markets its insurance products throughout the United States, through independent insurance agencies, which include retail agencies and wholesale brokers. State Auto Financial was founded in 1990 and is based in Columbus, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Insurance M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 2 |
| State: Ohio M&A | 2 of 2 |
| Country: United States M&A | 2 of 2 |
| Year: 2011 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-08-19 |
Partner Platform
Columbus, Ohio, United States Partner Platform is a provider of web-based agency management systems (AMS) and customer relationship management (CRM) solutions for P&C insurance agencies. Partner Platform was founded in 1995 and is based in Columbus, Ohio. |
Sell | - |