About Avemco Insurance
Avemco Insurance is a company based in Frederick (United States) founded in 1961. It operates as a B2C, and D2C. Avemco Insurance offers products and services including Aircraft Owner Insurance, Renter's Insurance, CFI Insurance, Flying Club Insurance, and Term Life Insurance. Avemco Insurance operates in a competitive market with competitors including Hagerty, HDVI, Cover Whale, Falcon Insurance Group and Aanika, among others.
- Headquarter Frederick, United States
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Sectors
Financial Services
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Website
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Social
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- Legal Name Avemco Insurance Company
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Annual Revenue
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Products & Services of Avemco Insurance
Avemco Insurance offers a comprehensive portfolio of products and services, including Aircraft Owner Insurance, Renter's Insurance, CFI Insurance, Flying Club Insurance, and Term Life 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.
Coverage for aircraft owners against damages and liabilities.
Protection for renters of aircraft with low-cost options.
Insurance for certified flight instructors and training.
Coverage for flying club members and operations.
Life insurance for pilots and related individuals.
Funding Insights of Avemco 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 |
Investments & Acquisitions by Avemco 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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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 |
Financial Statements - Avemco 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 |
Avemco Insurance Comparisons
Competitors of Avemco Insurance
Avemco 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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| domain | founded_year | HQ Location |
Traceability solutions for agricultural products are provided using microbial-based tags.
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| domain | founded_year | HQ Location |
Serves as a transportation insurance carrier for reliable coverage solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Avemco Insurance
When was Avemco Insurance founded?
Avemco Insurance was founded in 1961.
Where is Avemco Insurance located?
Avemco Insurance is headquartered in Frederick, United States. It is registered at Frederick, Maryland, United States.
What does Avemco Insurance do?
Avemco Insurance Company specializes in offering direct insurance products such as aircraft owner, renter, CFI, flying club, term life, and student pilot coverage. They eliminate middlemen for streamlined services, including sales, claims processing, and policyholder support. Based in Frederick, Maryland, they serve pilots, aviation enthusiasts, and individuals seeking liability and life insurance, ensuring compliance with local laws and providing online payment options.
Who are the top competitors of Avemco Insurance?
Avemco Insurance's top competitors include Hagerty, HDVI and Cover Whale.
What products or services does Avemco Insurance offer?
Avemco Insurance offers Aircraft Owner Insurance, Renter's Insurance, CFI Insurance, Flying Club Insurance, and Term Life Insurance.