About Allied World Assurance Company
Allied World Assurance Company is a company based in Zug (Switzerland) founded in 2001 was acquired by Fairfax Financial Holdings in July 2017.. The company has 785 employees as of December 31, 2022. Allied World Assurance Company offers products and services including Insurance Services and Reinsurance Services. Allied World Assurance Company operates in a competitive market with competitors including HUB International, Aviva, State Farm, RAC and Sun Life Financial, among others.
- Headquarter Zug, Switzerland
- Employees 785 as on 31 Dec, 2022
- Stage Public
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Allied World Assurance Company Holdings, Ltd.
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Annual Revenue
$2.58 B1as on Dec 31, 2016
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Net Profit
$255.3 M204as on Dec 31, 2016
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EBITDA
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Latest Funding Round
$5 M (USD), Debt – Conventional
Mar 30, 2005
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Investors
Fairfax Financial Holdings
& 1 more
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Employee Count
785
as on Dec 31, 2022
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Acquired by
Fairfax Financial Holdings
(Jul 06, 2017)
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Products & Services of Allied World Assurance Company
Allied World Assurance Company offers a comprehensive portfolio of products and services, including Insurance Services and Reinsurance Services. 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.
Provides global insurance solutions for various risks.
Offers reinsurance support to other insurers worldwide.
Funding Insights of Allied World Assurance Company
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $5.0M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2005 | Amount | Debt – Conventional - Allied World Assurance Company | Valuation |
investors |
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| Jun, 2001 | Amount | Seed - Allied World Assurance 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 |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Allied World Assurance Company
Allied World Assurance Company has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Fairfax Financial Holdings and Thomas H Lee 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 directed toward traditional industries.
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Founded Year | Domain | Location | |
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Property & casualty insurance company
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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 Allied World Assurance 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 - Allied World Assurance 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 |
Allied World Assurance Company Comparisons
Competitors of Allied World Assurance Company
Allied World Assurance 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 HUB International, Aviva, State Farm, RAC and Sun Life Financial, 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 |
Investment advisory, insurance distribution, and risk management services are provided.
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| domain | founded_year | HQ Location |
Insurance and asset management services are offered in multiple regions.
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| domain | founded_year | HQ Location |
Insurance and financial services are provided to individuals and businesses.
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| domain | founded_year | HQ Location |
Vehicle parts and accessories are sold via an online platform.
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| domain | founded_year | HQ Location |
Insurance and asset management services are offered to diverse clients.
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| domain | founded_year | HQ Location |
Provider of insurance brokerage and risk consulting services
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Allied World Assurance Company
Frequently Asked Questions about Allied World Assurance Company
When was Allied World Assurance Company founded?
Allied World Assurance Company was founded in 2001.
Where is Allied World Assurance Company located?
Allied World Assurance Company is headquartered in Zug, Switzerland. It is registered at Zug, Zug, Switzerland.
How many employees does Allied World Assurance Company have?
As of Dec 31, 2022, the latest employee count at Allied World Assurance Company is 785.
What is the annual revenue of Allied World Assurance Company?
Annual revenue of Allied World Assurance Company is $2.58B as on Dec 31, 2016.
What does Allied World Assurance Company do?
Allied World Assurance Company was established in 2001 and is based in Zug, Switzerland. Operations are focused on the insurance sector, where a range of products is provided, such as casualty, motor, liability, marine, surety, and workers compensation. Coverage is extended to various risks across multiple markets, with emphasis placed on diversified underwriting practices.
Who are the top competitors of Allied World Assurance Company?
Allied World Assurance Company's top competitors include RAC, HUB International and Aviva.
What products or services does Allied World Assurance Company offer?
Allied World Assurance Company offers Insurance Services and Reinsurance Services.
Who are Allied World Assurance Company's investors?
Allied World Assurance Company has 2 investors. Key investors include Fairfax Financial Holdings, and Thomas H Lee Partners.
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