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In April 2015, Kemper acquired Alliance United Insurance Company, one of the fastest growing auto insurance providers in the State of California.Source: [14] In July 2018, Kemper acquired Infinity Property and Casualty Corporation (NASDAQ: IPCC), an auto insurance provider focused on serving the specialty, nonstandard segment, in a cash and stock transaction valued at approximately $1.4 billion.
Kemper Direct Auto and Home Insurance (Kemper Direct) was a direct to consumer auto and home insurance writer headquartered in Chicago, Illinois and a former subsidiary of Kemper Corporation. Kemper Direct is now part of Kemper Personal Insurance, a provider of both auto and home insurance with a concentration on preferred/standard insurance.
The company was founded as Pollenware in January 2008 by Sandy Kemper, former CEO of UMB Financial Corporation. [2] The name was subsequently changed to C2FO, an acronym describing the collaborative cash flow optimization services the company's platform provided. [3] C2FO posted its first $1 billion quarter in the fourth quarter of 2013.
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