AIG Life

London, United Kingdom Founded: 2008 • Age: 18 yrs Acquired By Aviva
Life insurance policies are provided in the United Kingdom.
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About AIG Life

AIG Life is a company based in London (United Kingdom) founded in 2008 was acquired by Aviva in September 2023.. AIG Life has completed 1 acquisition, including Ellipse UK. AIG Life offers products and services including Life Insurance, Aviva Smart Health, and Income Protection. AIG Life operates in a competitive market with competitors including Protective Life Insurance, Yurtle, Mobius Life, SunLife and Neilson Financial Services, among others.

  • Headquarter London, United Kingdom
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Aviva Protection Uk Limited
Operational Areas
Financial Services → Insurance & Risk Management
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Aviva

    (Sep 25, 2023)

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Products & Services of AIG Life

AIG Life offers a comprehensive portfolio of products and services, including Life Insurance, Aviva Smart Health, and Income Protection. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides financial protection for life events and dependents.

Delivers virtual GP appointments and wellbeing support globally.

Offers coverage for income loss due to illness or injury.

Funding Insights of AIG Life

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in AIG Life

AIG Life has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Aviva. 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.

All
Institutional
Investor Description Founded Year Domain Location
Insurance and asset management services are offered in multiple regions.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by AIG Life

AIG Life has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Ellipse UK. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Life insurer
2009
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - AIG Life

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Aig Life Comparisons

Employees
+
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Competitors of AIG Life

AIG Life 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 Protective Life Insurance, Yurtle, Mobius Life, SunLife and Neilson Financial Services, 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
Life insurance policies are issued and managed for customers.
domain founded_year HQ Location
Life insurance services are provided online by Yurtle.
domain founded_year HQ Location
Life insurance policies are underwritten and distributed by Mobius Life.
domain founded_year HQ Location
Life insurance policies are provided by SunLife to UK customers.
domain founded_year HQ Location
Provides life insurance coverage to consumers via retail and partnerships worldwide.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Aig Life

Frequently Asked Questions about AIG Life

When was AIG Life founded?

AIG Life was founded in 2008.

Where is AIG Life located?

AIG Life is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Who is the current CEO of AIG Life?

Adam Winslow is the current CEO of AIG Life.

What does AIG Life do?

AIG Life was established in 2008 and is based in London, United Kingdom. The company operates within the life insurance sector, where policies and related financial protection services are offered to individuals and organizations. Coverage includes term life, whole life, and critical illness options, with distribution handled through brokers and direct channels across the UK market. Leadership is held by CEO Adam Winslow.

Who are the top competitors of AIG Life?

AIG Life's top competitors include Protective Life Insurance, Yurtle and SunLife.

What products or services does AIG Life offer?

AIG Life offers Life Insurance, Aviva Smart Health, and Income Protection.

How many acquisitions has AIG Life made?

AIG Life has made 1 acquisition, including Ellipse UK.

Who are AIG Life's investors?

AIG Life has 1 investor. Key investors include Aviva.

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