About Assupol
Assupol is a company based in Pretoria (South Africa) founded in 1913 was acquired by Sanlam in February 2024.. Assupol offers products and services including Funeral Plan, Life Cover, and Retirement Savings. Assupol operates in a competitive market with competitors including Sanlam, MMI Holdings, Nobuntu, 1Life and Capital Legacy, among others.
- Headquarter Pretoria, South Africa
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Assupol Life Ltd
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Assupol
Assupol offers a comprehensive portfolio of products and services, including Funeral Plan, Life Cover, and Retirement Savings. 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 financial support for funeral expenses and family assistance
Offers protection against life events and claim processing
Enables saving for retirement through dedicated plans
Unlock access to complete
Funding Insights of Assupol
| 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 Assupol
Assupol has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Sanlam. 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 |
|---|---|---|---|---|
|
Provider of life insurance services
|
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 Assupol
| 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 - Assupol
| 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 |
Assupol Comparisons
Competitors of Assupol
Assupol 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 Sanlam, MMI Holdings, Nobuntu, 1Life and Capital Legacy, 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 life insurance services
|
|
| domain | founded_year | HQ Location |
Life insurance carrier
|
|
| domain | founded_year | HQ Location |
Funeral insurance services are provided in South Africa.
|
|
| domain | founded_year | HQ Location |
Life insurance policies are provided to clients in South Africa.
|
|
| domain | founded_year | HQ Location |
Estate and legacy planning services are provided to 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 Assupol
Frequently Asked Questions about Assupol
When was Assupol founded?
Assupol was founded in 1913.
Where is Assupol located?
Assupol is headquartered in Pretoria, South Africa. It is registered at Pretoria, Gauteng, South Africa.
Who is the current CEO of Assupol?
Bridget Mokwena-Halala is the current CEO of Assupol.
What does Assupol do?
Assupol was established in 1913 as a life insurance provider based in Pretoria, South Africa. Operations focus on offering various life insurance products to individuals and groups within the financial services sector. Coverage includes funeral, disability, and retirement benefits, with distribution through agents and digital channels across the country. Leadership is provided by CEO Bridget Mokwena-Halala, overseeing regulatory compliance and client support in the South African market.
Who are the top competitors of Assupol?
Assupol's top competitors include Sanlam, MMI Holdings and Nobuntu.
What products or services does Assupol offer?
Assupol offers Funeral Plan, Life Cover, and Retirement Savings.
Who are Assupol's investors?
Assupol has 1 investor. Key investors include Sanlam.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.