About CIG Insurance
CIG Insurance is a company based in Monterey (United States) founded in 1898 was acquired by High Street Insurance Partners in August 2020.. The company has 17 employees as of December 31, 2022.
- Headquarter Monterey, United States
- Employees 17 as on 31 Dec, 2022
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
$1.1 K (USD)-95as on Dec 31, 2022
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Net Profit
$-34.52 K (USD)10as on Dec 31, 2023
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EBITDA
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Latest Funding Round
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Investors
High Street Insurance Partners
& 1 more
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Employee Count
17
as on Dec 31, 2022
- Acquired by
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Funding Insights of CIG 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 |
Investors in CIG Insurance
CIG Insurance has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include High Street Insurance Partners and Auto-Owners. 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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Diversified insurance distributor
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Founded Year | Domain | Location | |
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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 CIG 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 - CIG 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 |
Cig Insurance Comparisons
Competitors of CIG Insurance
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 CIG Insurance
When was CIG Insurance founded?
CIG Insurance was founded in 1898.
Where is CIG Insurance located?
CIG Insurance is headquartered in Monterey, United States. It is registered at Monterey, California, United States.
How many employees does CIG Insurance have?
As of Dec 31, 2022, the latest employee count at CIG Insurance is 17.
What is the annual revenue of CIG Insurance?
Annual revenue of CIG Insurance is $1.1K as on Dec 31, 2022.
What does CIG Insurance do?
CIG Insurance was established in 1898 and is headquartered in Monterey, United States. Operations are centered in the insurance sector, where various policies and coverage options are provided to individuals and businesses. Services are managed through the domain ciginsurance.com, with a focus on reliable risk management solutions. The company maintains a presence in the American market, handling claims and underwriting processes as standard practices in the industry.
Who are CIG Insurance's investors?
CIG Insurance has 2 investors. Key investors include High Street Insurance Partners, and Auto-Owners.