About Assurance
Assurance is a company based in Bellevue (United States) founded in 1995 was acquired by Prudential in September 2019.. The company has 975 employees as of December 31, 2021. Assurance offers products and services including Insurance Support Services. Assurance operates in a competitive market with competitors including NerdWallet, Insurify, SelectQuote, EverQuote and The Zebra, among others.
- Headquarter Bellevue, United States
- Employees 975 as on 31 Dec, 2021
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
- Legal Name Assurance Iq, Llc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
- Investors
-
Employee Count
975
as on Dec 31, 2021
-
Acquired by
Prudential
(Sep 05, 2019)
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 Assurance
Assurance offers a comprehensive portfolio of products and services, including Insurance Support 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.
Assists with managing and navigating existing insurance policies
Unlock access to complete
Unlock access to complete
Funding Insights of Assurance
| 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 Assurance
Assurance has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Prudential. 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 |
|---|---|---|---|---|
|
Life, health, and financial insurance services are provided globally.
|
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 Assurance
| 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 - Assurance
| 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 |
Assurance Comparisons
Competitors of Assurance
Assurance 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 NerdWallet, Insurify, SelectQuote, EverQuote and The Zebra, 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 |
App-based comparison platform for financial products
|
|
| domain | founded_year | HQ Location |
Car insurance quotes are compared via an online platform.
|
|
| domain | founded_year | HQ Location |
Online comparisons of life insurance quotes are facilitated for individuals.
|
|
| domain | founded_year | HQ Location |
Online comparison platform for automotive & other insurances
|
|
| domain | founded_year | HQ Location |
An online platform for comparing insurance quotes is operated.
|
|
| domain | founded_year | HQ Location |
Online insurance comparison platform
|
| 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 Assurance
Frequently Asked Questions about Assurance
When was Assurance founded?
Assurance was founded in 1995.
Where is Assurance located?
Assurance is headquartered in Bellevue, United States. It is registered at Bellevue, Washington, United States.
How many employees does Assurance have?
As of Dec 31, 2021, the latest employee count at Assurance is 975.
What does Assurance do?
Founded in 1995, Assurance operates as an online platform in the insurance sector where quotes from various carriers are compared for home, health, life, and auto products. Users answer a series of questions to obtain personalized quotes, which can then be purchased directly online or through licensed agents. The platform holds licenses across all 50 U.S. states and is headquartered in Bellevue, United States.
Who are the top competitors of Assurance?
Assurance's top competitors include NerdWallet, Insurify and SelectQuote.
What products or services does Assurance offer?
Assurance offers Insurance Support Services.
Who are Assurance's investors?
Assurance has 1 investor. Key investors include Prudential.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.