About BGL Insurance
BGL Insurance is a company based in Peterborough (United Kingdom) founded in 1992 by Douw Steyn was acquired by Markerstudy Group in January 2022.. BGL Insurance has raised $10 million across 1 funding round from investors including Markerstudy Group. The company has 1,360 employees as of January 31, 2022. BGL Insurance offers products and services including Motor Insurance and Home Insurance.
- Headquarter Peterborough, United Kingdom
- Employees 1360 as on 31 Jan, 2022
- Founders Douw Steyn
- Stage Minicorn
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Bisl Limited
-
Annual Revenue
$592.57 M (USD)-5as on Jun 30, 2022
-
Net Profit
$75.49 M (USD)-44as on Jun 30, 2022
-
EBITDA
$77.88 M (USD)-50as on Jun 30, 2022
-
Total Equity Funding
$10 M (USD)
in 1 rounds
-
Latest Funding Round
$10 M (USD), Unspecified
Jun 28, 1996
- Investors
-
Employee Count
1360
as on Jan 31, 2022
-
Acquired by
Markerstudy Group
(Jan 01, 2022)
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 BGL Insurance
BGL Insurance offers a comprehensive portfolio of products and services, including Motor Insurance and Home 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.
Motor insurance is provided to customers through digital platforms and partnerships.
Home insurance is offered via established brands and market-leading digital services.
Funding Insights of BGL Insurance
BGL Insurance has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $10 million completed in June 1996. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Unspecified — $10.0M
-
First Round
First Round
(28 Jun 1996)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 1996 | Amount | Unspecified - BGL Insurance | Valuation |
investors |
|
| 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 BGL Insurance
BGL Insurance has secured backing from 1 investor. Prominent investors backing the company include Markerstudy Group. 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 |
|---|---|---|---|---|
|
P&C insurance broker
|
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 BGL Insurance
| 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 - BGL Insurance
| 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 |
Bgl Insurance Comparisons
Competitors of BGL Insurance
| 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.
|
Frequently Asked Questions about BGL Insurance
When was BGL Insurance founded?
BGL Insurance was founded in 1992 and raised its 1st funding round 4 years after it was founded.
Where is BGL Insurance located?
BGL Insurance is headquartered in Peterborough, United Kingdom.
Who is the current CEO of BGL Insurance?
Peter Thompson is the current CEO of BGL Insurance.
Is BGL Insurance a funded company?
BGL Insurance is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Unspecified of $10M, raised on Jun 28, 1996.
How many employees does BGL Insurance have?
As of Jan 31, 2022, the latest employee count at BGL Insurance is 1,360.
What is the annual revenue of BGL Insurance?
Annual revenue of BGL Insurance is $592.57M as on Jun 30, 2022.
What does BGL Insurance do?
BGL Insurance was established in 1992 by Douw Steyn and is based in Peterborough, United Kingdom. Operations focus on the insurance sector, where motor, home, and life coverage is delivered to clients. Peter Thompson holds the position of CEO. Services are managed through the domain bglinsurance.co.uk, supporting various policy needs in the UK market.
What products or services does BGL Insurance offer?
BGL Insurance offers Motor Insurance and Home Insurance.
Who are BGL Insurance's investors?
BGL Insurance has 1 investor. Key investors include Markerstudy Group.
What is BGL Insurance's valuation?
The valuation of BGL Insurance is $33M as of Jun 1996.