ACCC Insurance

What ACCC Insurance does

ACCC Insurance Company was a Texas-domiciled property and casualty insurance company founded in 1997 and headquartered in the Houston, Texas area. The company offered car insurance, personal insurance, liability coverage, property insurance, and reinsurance services to individual policyholders, operating across two U.S. states: Texas and Alabama. Historically, the company maintained a workforce of 501-1,000 employees and operated as a private, independent insurer with no disclosed parent company, venture capital, or private equity backing. Distribution was conducted through standard property and casualty insurance channels in its two state markets.

ACCC Insurance Company ceased issuing new policies in 2020 and was placed into liquidation by the Travis County Judicial District Court effective December 30, 2020, following the December 14, 2020 Order Appointing Liquidator and Permanent Injunction. Prime Tempus, Inc. was appointed as Special Deputy Receiver to manage administrative matters. All Texas policies in force as of December 1, 2020 were assumed by Redpoint County Mutual Insurance Company, and all Alabama policies were assumed by Incline Casualty Company, with claims administration transferred to Embark General. All remaining policies were cancelled or assumed by January 29, 2021, and the Proof of Claim filing deadline was set at June 30, 2022.

As of the most recent available data, the company is fully in receivership and liquidation. All offices ceased serving as contact locations for inquiries effective June 30, 2022. There are no active products, services, distribution channels, or revenue-generating operations. The entity exists solely for the purpose of winding down remaining claims and liabilities under court supervision.

Name

ACCC Insurance

Legal name

ACCC Insurance Company

Website

https://acccinsurance.com

Company type

Private

Founded year

1997

Operating status

Closed

Headcount range

501–1,000 employees

Short description

ACCC Insurance Company was a Texas-based property and casualty insurer offering auto, personal, liability, property, and reinsurance coverage in Texas and Alabama. The company ceased operations and was placed into court-ordered liquidation effective December 30, 2020.

Ownership category

akta.pro rank

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Core offering

ACCC Insurance Company was a Texas-based property and casualty insurance carrier that sold personal auto, personal lines, liability, property, and reinsurance coverage to policyholders in Texas and Alabama. The company ceased issuing new policies in 2020, was placed into liquidation effective December 30, 2020, and all remaining policies were cancelled or assumed by other insurers by January 29, 2021. The company is no longer operating and is in receivership.

Product overview

ACCC Insurance Company was a property and casualty insurance provider that ceased all operations and was placed into liquidation effective December 30, 2020. The company is now defunct with no active products or services. All existing insurance policies were either cancelled or assumed by other insurers (Redpoint County Mutual Insurance Company for Texas policies and Incline Casualty Company for Alabama policies) as of January 29, 2021.

Differentiator

Problem solved

Functional benefit

Ideal customer profiles2 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Prime Tempus, Inc.coreOthers · 30 December 2020Prime Tempus, Inc. is the designated Special Deputy Receiver for ACCC Insurance Company in receivership. They manage all administrative matters related to the liquidation proceedings, including proof of claim processing and communications with policyholders.
• Redpoint County Mutual Insurance CompanycoreOthers · 1 December 2020Redpoint County Mutual Insurance Company assumed all Texas policies in force as of December 1, 2020 following the ACCC Insurance liquidation. Located at 13215 Bee Cave Parkway, Building B, Suite 240, Austin, Texas 78738.
• Incline Casualty CompanycoreOthers · 1 December 2020Incline Casualty Company assumed all Alabama policies in force as of December 1, 2020 following the ACCC Insurance liquidation. Located at 13215 Bee Cave Parkway, Building B, Suite 240, Austin, Texas 78738.
• Embark GeneralcoreOthersEmbark General administers all policies and claims on Texas or Alabama policies with dates of loss on or after December 1, 2020. Contact: (833)362-2751, www.embarkgeneral.com
• CPR Insurance GroupminorOthersCPR Insurance Group serves as the Servicing Contractor for the Texas Property and Casualty Insurance Guaranty Association. Located at 600 East John Carpenter Freeway, Suite 365, Irving, Texas 75062. Phone: (972)887-3663, Toll Free (855)347-0010.

Scale indicators1 record

Recent moves7 records

Direct peers

• Redpoint County Mutual Insurance Company: Texas property and casualty insurance company that assumed all of ACCC's in-force Texas policies effective December 1, 2020. Directly comparable as a Texas P&C personal lines writer that absorbed ACCC's book.
• Incline Casualty Company: Casualty insurer that assumed all of ACCC's in-force Alabama policies effective December 1, 2020. Directly comparable as the counterparty absorbing ACCC's Alabama personal lines book.

Regional players

• Texas Farm Bureau Insurance: Texas-domiciled mutual insurance group writing personal lines including auto, home, and farm coverage. Comparable to ACCC as a long-established Texas-focused personal P&C carrier.
• Germania Insurance: Texas-based regional property and casualty mutual insurer offering personal lines across the state. Comparable to ACCC as a Texas-focused regional P&C carrier writing personal, auto, and property coverage.
• Heritage Property and Casualty Insurance Company: Regional personal lines property and casualty carrier writing homeowners and auto primarily in the southeastern US. Comparable to ACCC in its focus on personal P&C lines in catastrophe-exposed states.
• Tower Hill Insurance Group: Regional property and casualty insurer writing homeowners and personal lines in the southeastern US. Comparable to ACCC as a regional personal lines carrier with concentrated Gulf Coast exposure.

Emerging players

• Florida Peninsula Insurance Company: Specialty homeowners insurance carrier in catastrophe-exposed Florida. Comparable to ACCC in scale, product focus on personal property coverage, and exposure to concentrated regional weather risk that can pressure solvency.

Broad incumbents

• USAA: Large Texas-headquartered personal lines insurer serving military families with auto, home, and property coverage. Comparable to ACCC in its Texas domicile and personal P&C product mix, though materially larger in scale and capital base.

Market position

Weaknesses4 records

Competitive moat1 record

Customer concentration

• Xx.com/insuranceaccc

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ACCC Insurance