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American European Insurance Company

Insurance ~90 employees
Founded
--
Employees (Est.)
~90
6 leaders known
Total Funding
$125.0M
Funding Rounds
1
Last Funding
2024-04-11

About American European Insurance Company

American European Insurance Group, Inc. (AEIG) is a business-to-business insurance company focused on providing property and casualty insurance through a select group of independent agents. Operating in the Northeast, New England, and Northern Mid-Atlantic states, AEIG works with businesses of all sizes to offer tailored commercial and personal insurance solutions at competitive prices, emphasizing core values of accountability, trust, and responsiveness.

Products & Services

Commercial Insurance:Includes Businessowners Program, Commercial Package, Small Contractors Program, Commercial Auto Insurance, and Commercial Umbrella coverage for various business needs.
Personal Insurance:Offers Homeowners Insurance, Condominium Owner Insurance, and Renters Insurance to protect personal assets.

Specialties

Habitational Insurance (apartments, condos, 1-4 family dwellings) Commercial Office Buildings Mixed-Use Occupancy Buildings Artisan Contractors Retail Stores Pharmacies Religious Institutions Wholesale Distributors

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Catastrophe Bond
T: -
FT: Catastrophe Bond
A: 125000000
MR: -
FA: $125 million
FAN: 125000000
D: 2024-04-11
FD: 2024-04-11
1 investors
Catastrophe Bond Latest
2024-04-11
$125.0M
1 investor (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

N

Nachum J. Stein

Executive Chairman

S

Steve Hartman

President & CEO

T

Tim Wiebe

Chief Financial Officer

K

Kevin O'Brien

Vice President, Chief Underwriting Officer

S

Schlomo Neumann

Vice President of Operations

A

Alfredo Palconit

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Recent News

American European Insurance Company Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Insurance
Company Size
~90 employees (est.)

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