About Ascot
Ascot is a company based in London (United Kingdom) founded in 2005 was acquired by CPP Investments in September 2016. It operates as a Professional Services, and Brokerage / Intermediation. The company has 202 employees as of December 31, 2020. Ascot has completed 2 acquisitions, including AmFed and Grey Hawk Insurance. Ascot offers products and services including U.S. Specialty Insurance Solutions, Reinsurance Solutions, and Financial Lines. Ascot operates in a competitive market with competitors including Aviva, RAC, Lloyd’s, Athora and Hamilton Group, among others.
- Headquarter London, United Kingdom
- Employees 202 as on 31 Dec, 2020
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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 Ascot Group Limited
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
CPP Investments
& 1 more
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Employee Count
202
as on Dec 31, 2020
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Investments & Acquisitions
AmFed
& 1 more
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Acquired by
CPP Investments
(Sep 16, 2016)
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Products & Services of Ascot
Ascot offers a comprehensive portfolio of products and services, including U.S. Specialty Insurance Solutions, Reinsurance Solutions, and Financial Lines. 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.
Specialty insurance solutions are provided for U.S. clients.
Reinsurance solutions are offered for global client exposures.
Financial lines coverage is provided for professional risks.
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Leadership Team
69 people
Software Development Team
68 people
Finance and Accounting
15 people
Senior Team
8 people
Legal and Compliance
5 people
Product Management Team
5 people
Human Resources and Administration
4 people
Exposure Team
3 people
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Funding Insights of Ascot
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Seed - Ascot | Valuation | BellTower Partners |
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| 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 Ascot
Ascot has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include CPP Investments and BellTower 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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A private investment firm focused on scalable growth platforms.
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Founded Year | Domain | Location | |
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Pension fund assets are managed for sustainable long-term growth.
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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 Ascot
Ascot has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include AmFed and Grey Hawk Insurance. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Risk management and business consulting services are provided by AmFed.
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1993 | ||||
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App-based comparison platform for life and non-life insurances
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1968 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Ascot
| 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 |
Ascot Comparisons
Competitors of Ascot
Ascot 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 Aviva, RAC, Lloyd’s, Athora and Hamilton Group, 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 |
Insurance and asset management services are offered in multiple regions.
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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 carrier services are provided globally by Lloyd’s.
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| domain | founded_year | HQ Location |
Insurance services are provided by Athora in the United Kingdom.
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| domain | founded_year | HQ Location |
P&C insurance and reinsurance services are provided by Hamilton Group.
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| domain | founded_year | HQ Location |
Provides health insurance plans for individuals, families, employers, and Medicare recipients.
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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 Ascot
Frequently Asked Questions about Ascot
When was Ascot founded?
Ascot was founded in 2005 and raised its 1st funding round 19 years after it was founded.
Where is Ascot located?
Ascot is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Ascot?
Andrew Brooks is the current CEO of Ascot.
How many employees does Ascot have?
As of Dec 31, 2020, the latest employee count at Ascot is 202.
What does Ascot do?
Ascot is established as a leading provider of specialty insurance and reinsurance solutions worldwide. Operations are conducted across the U.S., UK, and Bermuda through interconnected global platforms. A wide range of insurance products, including financial lines, professional liability, and environmental coverage, are offered. Reinsurance solutions for property catastrophe, casualty, and specialty risks are also provided. Industries such as construction, manufacturing, marine, and professional services are served with tailored solutions. The company is rated A by SP Global and A.M. Best, ensuring reliability for clients.
What products or services does Ascot offer?
Ascot offers U.S. Specialty Insurance Solutions, Reinsurance Solutions, and Financial Lines.
How many acquisitions has Ascot made?
Ascot has made 2 acquisitions, including AmFed, and Grey Hawk Insurance.
Who are Ascot's investors?
Ascot has 2 investors. Key investors include CPP Investments, and BellTower Partners.
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