About BGL Insurance
BGL Insurance is a Financial Services company based in Peterborough (United Kingdom) founded in 1992 by Douw Steyn, and was acquired by Markerstudy Group in January 2022. Motor, home, and life insurance services are provided. The company has 1,360 employees. BGL Insurance was last valued at $33 million. Its chief executive, as recorded, is Peter Thompson. BGL Insurance offers products and services including Motor Insurance and Home Insurance. Its focus areas include Insurance Distribution, Property & Casualty and Diversified. Its legal entity is BISL Limited.
Company details
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.
- Headquarters Peterborough, United Kingdom
- Employees 1,360
- Founders Douw Steyn
- Stage Acquired
- SectorsFinancial Services
- Website bglinsurance.co.uk
- Social LinkedIn X Instagram
- Acquired by Markerstudy Group (Jan 2022)
- 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
- Latest Funding Round$10M (USD), Unspecified
Jun 1996
- Investors
- Employee Count1,360
- Acquired byMarkerstudy Group
(Jan 2022)
Products & Services of BGL Insurance
BGL Insurance offers a comprehensive portfolio of products and services, including Motor Insurance and Home Insurance.
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
- Total Rounds 1
- Last Round Unspecified — $10M
- First Round $10M
(Jun 1996)
All 1 funding rounds of BGL Insurance with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 1996 | $10M | Unspecified | $33M | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Jun 1996 | $33M | •••••••• |
Last known valuation $33M (Jun 1996). 1 investors in total: 1 institutional.
Investors in BGL Insurance
BGL Insurance has secured backing from 1 investor. Prominent investors backing the company include Markerstudy Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
P&C insurance broker | 2001 | markerstudygroup.com | Sevenoaks, United Kingdom |
Investor details for BGL Insurance
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of BGL Insurance
2 people are tracked at BGL Insurance (2 in leadership); the tracked headcount is 1,360.
| Name | Role | Group |
|---|---|---|
Douw Steyn | Founder | Leadership |
Peter Thompson | CEO | Leadership |
Complete people profiles for BGL Insurance
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of BGL Insurance
4 dated milestones of BGL Insurance across 30 years, from founding to its latest funding, stage changes and deals.
- Founded BGL Insurance is founded.
- Funding First funding round of $10.0M.
- Milestone Reaches Minicorn status.
- Exit Acquired by Markerstudy Group.
Web traffic of BGL Insurance
Websites that share an audience with BGL Insurance (bglinsurance.co.uk).
Websites whose visitors overlap most with BGL Insurance. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| markerstudygroup.com | 100% | 6.2K | #4,230,954 | View details | |
carpentersgroup.co.uk | carpentersgroup.co.uk | 82% | #1,669,780 | – | |
| justgroupplc.co.uk | 82% | 14.3K | #2,695,188 | View details | |
| collinsongroup.com | 49% | #337,187 | View details | ||
pitchcare.com | pitchcare.com | 24% | #648,567 | – |
Top companies in Insurance & Risk Management
2 companies that operate in the same segment as BGL Insurance (Insurance & Risk Management) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Vehicle parts and accessories are sold via an online platform. | 1897 | Walsall, West Midlands, United Kingdom | USD 20.37 M | |||
Insurance and asset management services are offered in multiple regions. | 1696 | London, England, United Kingdom | USD 78.79 B | 29,090 |
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Frequently Asked Questions about BGL Insurance
BGL Insurance was founded in 1992 and raised its 1st funding round 4 years after it was founded.
BGL Insurance is headquartered in Peterborough, United Kingdom.
Peter Thompson is the CEO of BGL Insurance, as recorded in our data.
BGL Insurance has 1,360 employees.
Annual revenue of BGL Insurance is $592.57M as on Jun 30, 2022.
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.
BGL Insurance offers Motor Insurance and Home Insurance.
BGL Insurance has 1 investor. Key investors include Markerstudy Group.
The valuation of BGL Insurance is $33M as of Jun 1996.
BGL Insurance operates through Bisl Limited.
Yes. BGL Insurance was acquired by Markerstudy Group in January 2022.