About Avid Insurance Services
Avid Insurance Services is a company based in London (United Kingdom) founded in 2006 by Stephen Gibson was acquired by Bishop Street Underwriters in October 2025.. Avid Insurance Services has completed 1 acquisition, including IIGL. Avid Insurance Services offers products and services including Niche Insurance Schemes, Construction Liability Insurance, and Travel and Property Insurance. Avid Insurance Services operates in a competitive market with competitors including Aviva, RAC, Lloyd’s, Blue KC and Royal London, among others.
- Headquarter London, United Kingdom
- Founders Stephen Gibson
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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
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- Legal Name Avid Insurance Services 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
Bishop Street Underwriters
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
- Acquired by
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Products & Services of Avid Insurance Services
Avid Insurance Services offers a comprehensive portfolio of products and services, including Niche Insurance Schemes, Construction Liability Insurance, and Travel and Property 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.
Bespoke solutions for specialized sectors like housing and leisure
Coverage for construction risks and associated liabilities
Protection for travel, property, and related activities
Funding Insights of Avid Insurance Services
| 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 |
Investors in Avid Insurance Services
Avid Insurance Services has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Bishop Street Underwriters and Beech Tree PE. 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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Beech Tree PE is engaged in private equity investments for high-growth companies.
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Founded Year | Domain | Location | |
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A platform for underwriting and insurance program management is provided.
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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 Avid Insurance Services
Avid Insurance Services has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include IIGL. 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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Insurance underwriting services are provided in the United Kingdom.
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2012 |
| 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 - Avid Insurance Services
| 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 |
Avid Insurance Services Comparisons
Competitors of Avid Insurance Services
Avid Insurance Services 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, Blue KC and Royal London, 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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| domain | founded_year | HQ Location |
Insurance and asset management services are offered in multiple regions.
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Vehicle parts and accessories are sold via an online platform.
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Insurance carrier services are provided globally by Lloyd’s.
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Provides health insurance plans for individuals, families, employers, and Medicare recipients.
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| domain | founded_year | HQ Location |
Mutual life insurance, pensions, and investment services are provided.
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| domain | founded_year | HQ Location |
Insurance services are provided by Athora in the United Kingdom.
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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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| 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 Avid Insurance Services
Frequently Asked Questions about Avid Insurance Services
When was Avid Insurance Services founded?
Avid Insurance Services was founded in 2006.
Where is Avid Insurance Services located?
Avid Insurance Services is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
What does Avid Insurance Services do?
Avid Insurance Services, based in London, focuses on offering financial products and advice, insurance carriers, and diversified. Provider of PC insurance services. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Avid Insurance Services?
What products or services does Avid Insurance Services offer?
Avid Insurance Services offers Niche Insurance Schemes, Construction Liability Insurance, and Travel and Property Insurance.
How many acquisitions has Avid Insurance Services made?
Avid Insurance Services has made 1 acquisition, including IIGL.
Who are Avid Insurance Services's investors?
Avid Insurance Services has 2 investors. Key investors include Bishop Street Underwriters, and Beech Tree PE.