About American Collectors Insurance
American Collectors Insurance is a company based in Cherry Hill (United States) founded in 1976 was acquired by NSM Insurance Group in January 2014.. American Collectors Insurance offers products and services including Collector Car Insurance, Classic Truck Insurance, Custom Cars Insurance, Classic Motorcycle Insurance, and Exotic Cars Insurance. American Collectors Insurance operates in a competitive market with competitors including Hagerty, HDVI, Cover Whale, Falcon Insurance Group and Aanika, among others.
- Headquarter Cherry Hill, United States
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Financial Services
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Acquired by
NSM Insurance Group
(Jan 06, 2014)
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Products & Services of American Collectors Insurance
American Collectors Insurance offers a comprehensive portfolio of products and services, including Collector Car Insurance, Classic Truck Insurance, Custom Cars Insurance, Classic Motorcycle Insurance, and Exotic Cars Insurance. 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 coverage for classic and collector cars with agreed value.
Offers protection for classic trucks and utility vehicles.
Insures custom cars and hot rods effectively.
Covers vintage motorcycles and related collectibles.
Specialized insurance for import and exotic collector cars.
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Funding Insights of American Collectors Insurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 American Collectors Insurance
American Collectors Insurance has secured backing from 1 investor. Prominent investors backing the company include NSM Insurance Group. 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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Provider of insurance brokerage services
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by American Collectors Insurance
| 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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - American Collectors Insurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
American Collectors Insurance Comparisons
Competitors of American Collectors Insurance
American Collectors Insurance 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 Hagerty, HDVI, Cover Whale, Falcon Insurance Group and Aanika, 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 |
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Automotive insurance solutions are provided to vehicle users.
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Telematics-based data & monitoring solutions for auto insurers and fleet owners
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Commercial truck insurance is provided for wholesale and retail sectors.
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Auto insurance coverage is offered nationwide by Falcon Insurance Group.
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Traceability solutions for agricultural products are provided using microbial-based tags.
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Serves as a transportation insurance carrier for reliable coverage solutions.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on American Collectors Insurance
Frequently Asked Questions about American Collectors Insurance
When was American Collectors Insurance founded?
American Collectors Insurance was founded in 1976.
Where is American Collectors Insurance located?
American Collectors Insurance is headquartered in Cherry Hill, United States. It is registered at Cherry Hill, New Jersey, United States.
Who is the current CEO of American Collectors Insurance?
Jill Bookman is the current CEO of American Collectors Insurance.
What does American Collectors Insurance do?
American Collectors Insurance was founded in 1976 and is headquartered in Cherry Hill, United States. Operations focus on the insurance sector, with services centered on coverage for classic and collector automobiles. Policies are tailored to address unique risks associated with these vehicles, including agreed-value protection and event coverage. The company serves customers across the United States through its online platform at americancollectors.com, under the leadership of CEO Jill Bookman.
Who are the top competitors of American Collectors Insurance?
American Collectors Insurance's top competitors include Hagerty, HDVI and Cover Whale.
What products or services does American Collectors Insurance offer?
American Collectors Insurance offers Collector Car Insurance, Classic Truck Insurance, Custom Cars Insurance, Classic Motorcycle Insurance, and Exotic Cars Insurance.
Who are American Collectors Insurance's investors?
American Collectors Insurance has 1 investor. Key investors include NSM Insurance Group.