Assetinsure

Sydney, Australia Founded: 1994 • Age: 32 yrs Acquired By Lombard
Property and casualty insurance is provided by Assetinsure in Australia.
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About Assetinsure

Assetinsure is a company based in Sydney (Australia) founded in 1994 was acquired by Lombard in November 2018.. Assetinsure offers products and services including Surety Bonds, Construction Warranty Insurance, Domestic Motor Insurance, Mining Rehabilitation Bonds, and Freight Insurance. Assetinsure operates in a competitive market with competitors including Intact Ventures, Youi, Eric Insurance, Scope Insurance Brokers and Dixon Insurance Services, among others.

  • Headquarter Sydney, Australia
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Assetinsure Pty Limited
Operational Areas
Financial Services → Insurance & Risk Management
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Lombard

    (Nov 09, 2018)

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Products & Services of Assetinsure

Assetinsure offers a comprehensive portfolio of products and services, including Surety Bonds, Construction Warranty Insurance, Domestic Motor Insurance, Mining Rehabilitation Bonds, and Freight 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.

Primary

Offers bonds for contractual obligations and risk management

Provides coverage for construction projects and warranties

Insures domestic vehicles against risks and damages

Supports environmental rehabilitation in mining operations

Covers freight transport and related liabilities

Funding Insights of Assetinsure

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 Assetinsure

Assetinsure has secured backing from 1 investor. Prominent investors backing the company include Lombard. 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
Investor Description Founded Year Domain Location
Credit cards are offered by Lombard Finance in Australia.
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 Assetinsure

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

Financial Statements - Assetinsure

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

Assetinsure Comparisons

Employees
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Competitors of Assetinsure

Assetinsure 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 Intact Ventures, Youi, Eric Insurance, Scope Insurance Brokers and Dixon Insurance 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
Provider of property & casualty insurances
domain founded_year HQ Location
Offers customized insurance for vehicles, homes, and small businesses.
domain founded_year HQ Location
Property and casualty insurance is offered by Eric Insurance.
domain founded_year HQ Location
Insurance brokerage services for auto, business, and liability are offered.
domain founded_year HQ Location
Offers insurance solutions, risk management, and premium funding for business clients.
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 Assetinsure

CBL administrators to sell Assetinsure business
Insurancebusinessmag7 years ago
Assetinsure to take on banks in "very specialised" market
Insurancebusinessmag7 years ago

Frequently Asked Questions about Assetinsure

When was Assetinsure founded?

Assetinsure was founded in 1994.

Where is Assetinsure located?

Assetinsure is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.

What does Assetinsure do?

Assetinsure was founded in 1994 and is based in Sydney, Australia. Operations are conducted as a property and casualty insurance carrier, with services focused on covering risks to assets and liabilities. Coverage is extended to various sectors through standard policies, and the company maintains a presence in the Australian market via its domain, assetinsure.com.au. Regulatory compliance is ensured within the local insurance framework.

Who are the top competitors of Assetinsure?

Assetinsure's top competitors include Intact Ventures, Scope Insurance Brokers and Eric Insurance.

What products or services does Assetinsure offer?

Assetinsure offers Surety Bonds, Construction Warranty Insurance, Domestic Motor Insurance, Mining Rehabilitation Bonds, and Freight Insurance.

Who are Assetinsure's investors?

Assetinsure has 1 investor. Key investors include Lombard.

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