Houlihan Lokey Advises Protection America

Houlihan Lokey is pleased to announce that Protection America Inc., a leading provider of insurance brokerage services, has participated in the $24 million Series B financing round for Matic Insurance Services, Inc. (Matic), a leading digital insurance agency. The transaction closed on October 15, 2020.

Protection America is a part of Entoria, a provider of insurance brokerage services designed for life and health insurance products. The company’s competitive, comprehensive, and innovative range of products and services enable the self-employed, managers, and employees of small professional organizations to secure their income, preserve their wealth, and protect their health.

Since 2014, Matic has changed the landscape of the insurtech industry by integrating home insurance within the homeownership experience. Today, its digital insurance marketplace has more than 30 A-rated home and auto carriers, as well as distribution partners in industries ranging from mortgage origination and servicing to banking, real estate, and personal finance.

Houlihan Lokey served as the financial advisor to Protection America. This transaction is emblematic of the firm’s continued success in the insurance technology sector.

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