Overview
Insurance and reinsurance company offering risk consulting services.
Founded
1973
Deals · 12mo
0
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Investment portfolio
- ValueInsured
Participated · Equity · Oct 2017
ValueInsured, based in Dallas, Texas, provides down payment protection for homebuyers through its +Plus SM program. The +Plus SM down payment protection product is available nationwide and is backed by Everest Re Group. Led by CEO Joe Melendez, the company offers homebuyers flexibility and control to sell their home while protected. ValueInsured closed a $6.5M funding round in November 2017 with backing from Everest Re Group Ltd. and Houston International Insurance Group (HIIG). The company intends to use the funds to continue its distribution partnership strategy, expand channel presence and enhance the features of the +Plus SM down payment protection program. The article notes Everest Re Group as a backer and cites its more than $8 billion in capital.