KKR-backed Kilter Finance completed the $89m investment in Independent Insurance Group.

KKR-backed Kilter Finance, an insurance-focused specialty finance company, completed the $89m investment in Independent Insurance Group, an insurance holding company. "We are thrilled to join forces with Kilter Finance. Given their financial and insurance acumen, they quickly understood our business model, appreciated the uniqueness of what we have created and bought into our passion for structured settlements. We couldn't ask for a better partner to join us in our efforts to bring positive change, innovation and growth to our industry for the benefit of our brokers and payees," Michael Upchurch, Independent Group Chairman and CEO.