About Blue Insurance
Blue Insurance is a company based in Dublin (Ireland) founded in 2003 by Ciaran Mulligan was acquired by Hillhouse in December 2020.. Blue Insurance offers products and services including Travel Insurance, Car Hire Excess, Pet Insurance, and Gadget Insurance.
- Headquarter Dublin, Ireland
- Founders Ciaran Mulligan
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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 Cover-More Blue 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
Cover-More
& 1 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Blue Insurance
Blue Insurance offers a comprehensive portfolio of products and services, including Travel Insurance, Car Hire Excess, Pet Insurance, and Gadget 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.
Provides coverage for travel risks including COVID-19 medical and cancellation.
Offers protection for car hire excess costs in Europe.
Covers veterinary costs for pets like dogs and cats.
Protects devices from damage, theft, and liquid issues.
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Funding Insights of Blue Insurance
| 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 Blue Insurance
Blue Insurance has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Cover-More and Hillhouse. 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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Global private equity investments are managed with long-term focus.
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Founded Year | Domain | Location | |
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Travel insurance is provided by Cover-More, founded in 1986.
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Founded Year | Domain | Location |
| Investor | Description | 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 Blue 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 - Blue Insurance
| 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 |
Blue Insurance Comparisons
Competitors of Blue Insurance
| 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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Latest news on Blue Insurance
Frequently Asked Questions about Blue Insurance
When was Blue Insurance founded?
Blue Insurance was founded in 2003.
Where is Blue Insurance located?
Blue Insurance is headquartered in Dublin, Ireland.
What does Blue Insurance do?
Blue Insurance was founded in 2003 in Dublin, Ireland, and functions as a property and casualty insurance carrier. Policies covering property damage, liability, and related risks are issued to individuals and businesses throughout Ireland. Operations are based in Dublin, with services accessible online via blueinsurance.ie. The company is led by co-founder and managing director Ciaran Mulligan, ensuring focused delivery of insurance solutions in the sector.
What products or services does Blue Insurance offer?
Blue Insurance offers Travel Insurance, Car Hire Excess, Pet Insurance, and Gadget Insurance.
Who are Blue Insurance's investors?
Blue Insurance has 2 investors. Key investors include Cover-More, and Hillhouse.
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