Universal Fidelity Life Insurance Company
How we got $271.3M
Based on its 101 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 15% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
What we know
Signs of a sale Some signs of a sale
- In business 91 years (since 1935)
From public records and the company's website, not a statement that it's for sale.
What they do
Universal Fidelity Life Insurance Company is a licensed TPA and insurance company serving life, health and accident insurance needs since 1935, providing policy and claims administration to policyholders, insurance companies, and employer self-insured plans.
From the company's website. Industry: Direct Life Insurance Carriers.
Customers & suppliers
Suppliers & brands
- Red Card · brand it sells or installs
- VUE agency software · brand it sells or installs
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- CLAIMS MANAGEMENT RESOURCES · Oklahoma City, 10 mi · $84.4M
- NIEMANN AND ASSOCIATES, LLC · Oklahoma City, 5 mi · $64.7M
- NATIONAL STUDENT SERVICES, INC. · Stillwater, 44 mi · $38.5M
- KIRK FUQUA INSURANCE AGENCY INC · Edmond, 5 mi · $20.1M
- KEMPTON GROUP HOLDINGS INC. · Oklahoma City, 4 mi · $20.0M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| UNIVERSAL FIDELITY LIFE INSURANCE COMPANY this business | $164.3M | — |
| BASMAT INC Oklahoma City · 1 employees | $1.2M | 0.6 mi |
| HUGHES INTERNATIONAL USA INC Oklahoma City · 2 employees | $3.1M | 2.5 mi |
| WILLIAM BRIGGS INSURANCE AGENCY, LLC Edmond · 3 employees | $1.8M | 2.7 mi |
| JM INC Edmond · 2 employees | $1.4M | 3.0 mi |
| DHI Title Agency Oklahoma City | $2.9M | 3.1 mi |
| COURTESY INSURANCE AGENCY OF OKLAHOMA, LLC Oklahoma City · 11 employees | $10.4M | 3.2 mi |
The full calculation
| Employees reported to the SBA | 101 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $209.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $99.3M |
| Estimate: the two combined (geometric mean) | $164.3M |
| EBITDA margin (industry, adjusted for size) | 19% |
| EBITDA = revenue × margin | $31.9M |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $271.3M |
| Multiple for this size and industry | 8.5× |
| Value range | $142.7M – $371.1M |
| Revenue range | $108.1M – $187.4M |
| EBITDA range | $21.0M – $36.4M |
| Industry (NAICS) | Direct Life Insurance Carriers (524113) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
“Serving Policyholders since 1935, Universal Fidelity Life Insurance Company is licensed nationally as a TPA and in 7 states as an insurance company.”
Advisors
- BankingBancFirstPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $821K | 101 |
3 locations
| 13931 Quail Pointe Dr | Oklahoma City | This listing |
| 815 W Ash Ave | Duncan | View |
| 4555 S Harvard Ave | Tulsa | View |
Revenue, profit and value are for the whole company.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Universal Fidelity Life Insurance Company
Universal Fidelity Life Insurance Company is a direct life insurance carriers company in Oklahoma City, Oklahoma, in business since 1935. It is owned by C. Brent Haggard (Ultimate Controlling Person). Its estimated annual revenue is about $164.3M, with roughly $31.9M of EBITDA. It has about 101 employees. Its estimated business value is $271.3M (likely range $142.7M–$371.1M). It has 3 locations.
Common questions
- Who owns Universal Fidelity Life Insurance Company?
- Universal Fidelity Life Insurance Company is owned by C. Brent Haggard (Ultimate Controlling Person), according to public sources such as the company's website or filings.
- How much revenue does Universal Fidelity Life Insurance Company make?
- SeeBITDA estimates Universal Fidelity Life Insurance Company's annual revenue at about $164.3M (likely between $108.1M and $187.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Universal Fidelity Life Insurance Company worth?
- About $271.3M, roughly 8.5× its estimated EBITDA of $31.9M, typical for a direct life insurance carriers company its size. Likely range: $142.7M–$371.1M.
- How many employees does Universal Fidelity Life Insurance Company have?
- About 101, as reported on its PPP loan.
- When was Universal Fidelity Life Insurance Company founded?
- Universal Fidelity Life Insurance Company has been in business since 1935.