About Beneficial Insurance
Beneficial Insurance is a company based in Auckland (New Zealand) founded in 2002. It operates as a B2C, and D2C. Beneficial Insurance offers products and services including Pet Insurance, Mechanical Breakdown Insurance, Guaranteed Finance Protection, and Credit Contract Indemnity. Beneficial Insurance operates in a competitive market with competitors including Intact Ventures and AA Insurance, among others.
- Headquarter Auckland, New Zealand
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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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- Legal Name Beneficial Insurance Limited
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Annual Revenue
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Net Profit
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Latest Funding Round
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Products & Services of Beneficial Insurance
Beneficial Insurance offers a comprehensive portfolio of products and services, including Pet Insurance, Mechanical Breakdown Insurance, Guaranteed Finance Protection, and Credit Contract Indemnity. 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.
Covers health and related expenses for pets in New Zealand.
Protects against vehicle mechanical failures and repairs.
Provides coverage for finance agreements and loan defaults.
Insures against risks in credit contracts and payments.
Funding Insights of Beneficial Insurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Beneficial 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 - Beneficial Insurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Beneficial Insurance Comparisons
Competitors of Beneficial Insurance
Beneficial 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 Intact Ventures and AA Insurance, 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 |
Provider of property & casualty insurances
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| domain | founded_year | HQ Location |
Property and casualty insurance is offered in New Zealand.
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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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| domain | founded_year | HQ Location |
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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Frequently Asked Questions about Beneficial Insurance
When was Beneficial Insurance founded?
Beneficial Insurance was founded in 2002.
Where is Beneficial Insurance located?
Beneficial Insurance is headquartered in Auckland, New Zealand.
What does Beneficial Insurance do?
Beneficial Insurance Limited, based in Auckland, New Zealand, delivers tailored insurance covers including pet insurance, mechanical breakdown insurance, guaranteed finance protection, and credit contract indemnity. The company focuses on customer needs through prompt service, integrity, and quality products, operating as a 100 New Zealand-owned entity. It offers online policies with flexible payments and efficient claim processing, serving individual clients across the country.
Who are the top competitors of Beneficial Insurance?
Beneficial Insurance's top competitors include Intact Ventures and AA Insurance.
What products or services does Beneficial Insurance offer?
Beneficial Insurance offers Pet Insurance, Mechanical Breakdown Insurance, Guaranteed Finance Protection, and Credit Contract Indemnity.