Binks Commercial Insurance

Ottawa, Canada Founded: 1918 • Age: 108 yrs Acquired By Navacord
Commercial insurance and specialized programs are provided for various sectors.

About Binks Commercial Insurance

Binks Commercial Insurance is a company based in Ottawa (Canada) founded in 1918 was acquired by Navacord in July 2022.. The company has 9 employees as of December 31, 2024.

  • Headquarter Ottawa, Canada
  • Employees 9 as on 31 Dec, 2024
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Jones Deslauriers Insurance Management Inc
Operational Areas
Financial Services → Insurance & Risk Management
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    9

    as on Dec 31, 2024

  • Acquired by
    Navacord

    (Jul 26, 2022)

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Funding Insights of Binks Commercial 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

Investors in Binks Commercial Insurance

Binks Commercial Insurance has secured backing from 1 investor. Prominent investors backing the company include Navacord. 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.

All
Investor Description Founded Year Domain Location
Insurance brokerage services are provided across Canada by Navacord.
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 Binks Commercial Insurance

Investments
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 - Binks Commercial Insurance

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Binks Commercial Insurance Comparisons

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Competitors of Binks Commercial 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.

Latest news on Binks Commercial Insurance

Frequently Asked Questions about Binks Commercial Insurance

When was Binks Commercial Insurance founded?

Binks Commercial Insurance was founded in 1918.

Where is Binks Commercial Insurance located?

Binks Commercial Insurance is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.

Who is the current CEO of Binks Commercial Insurance?

Harry Binks is the current CEO of Binks Commercial Insurance.

How many employees does Binks Commercial Insurance have?

As of Dec 31, 2024, the latest employee count at Binks Commercial Insurance is 9.

What does Binks Commercial Insurance do?

Binks Commercial Insurance was established in 1918 in Ottawa, Canada, within the insurance sector. Tailored commercial coverage and industry-specific programs are delivered for areas such as auto dealers, power sports, student accidents, pet sitters, and food banks. Additional services encompass life, travel, individual health insurance, and policies for international visitors. Operations are supported through partnerships with a national network, integrating local knowledge with wider market resources.

Who are Binks Commercial Insurance's investors?

Binks Commercial Insurance has 1 investor. Key investors include Navacord.

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