About Acromas Insurance Company
Acromas Insurance Company is a company based in Gibraltar (Gibraltar) founded in 2003 by Andrew Button was acquired by Ageas in July 2025.. Acromas Insurance Company has raised $12.61 million across 1 funding round from investors including Ageas and Charterhouse Capital Partners. Acromas Insurance Company operates in a competitive market with competitors including RAC, Blue KC, Prudential and Beazley, among others.
- Headquarter Gibraltar, Gibraltar
- Founders Andrew Button
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Sectors
Financial Services
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Phone
*********
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Website
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Funding Insights of Acromas Insurance Company
Acromas Insurance Company has successfully raised a total of $12.61M through 1 strategic funding round. The most recent funding activity was a Series A round of $12.61 million completed in June 2007. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $12.6M
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First Round
First Round
(01 Jun 2007)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2007 | Amount | Series A - Acromas Insurance Company | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Acromas Insurance Company
Acromas Insurance Company has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Ageas and Charterhouse Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investments are managed by Charterhouse Capital Partners.
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Founded Year | Domain | Location | |
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Insurance in property, casualty, life, and pensions is offered worldwide.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Acromas Insurance Company
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Acromas Insurance Company
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Acromas Insurance Company Comparisons
Competitors of Acromas Insurance Company
Acromas Insurance Company operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RAC, Blue KC, Prudential and Beazley, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Vehicle parts and accessories are sold via an online platform.
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| domain | founded_year | HQ Location |
Provides health insurance plans for individuals, families, employers, and Medicare recipients.
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| domain | founded_year | HQ Location |
Financial services for pensions and investments are provided by Prudential.
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| domain | founded_year | HQ Location |
Specialist insurance and reinsurance are underwritten for clients worldwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Acromas Insurance Company
When was Acromas Insurance Company founded?
Acromas Insurance Company was founded in 2003 and raised its 1st funding round 4 years after it was founded.
Where is Acromas Insurance Company located?
Acromas Insurance Company is headquartered in Gibraltar, Gibraltar.
Who is the current CEO of Acromas Insurance Company?
Andrew Button is the current CEO of Acromas Insurance Company. They have also founded this company.
Is Acromas Insurance Company a funded company?
Acromas Insurance Company is a funded company, having raised a total of $12.61M across 1 funding round to date. The company's 1st funding round was a Series A of $12.61M, raised on Jun 01, 2007.
What does Acromas Insurance Company do?
Acromas Insurance Company was established in 2003 as a diversified insurance carrier based in Gibraltar. Operations are centered on various insurance products and services, managed from the location in Gibraltar, Gibraltar. The company is led by founder and CEO Andrew Button. Coverage is extended across multiple sectors through its online presence at acromasinsurancelimited.co.uk, with activities regulated in the insurance industry.
Who are the top competitors of Acromas Insurance Company?
Acromas Insurance Company's top competitors include RAC, Beazley and Prudential.
Who are Acromas Insurance Company's investors?
Acromas Insurance Company has 2 investors. Key investors include Ageas, and Charterhouse Capital Partners.
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