About Co-opInsurance
Co-opInsurance is a company based in Manchester (United Kingdom) founded in 1867 was acquired by Markerstudy Group in January 2019.. Co-opInsurance operates in a competitive market with competitors including CompareTheMarket, Policy Expert, Brightside Insurance, WeCovr and Kwik Fit Insurance Services, among others.
- Headquarter Manchester, United Kingdom
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Sectors
Financial Services
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Markerstudy Group
(Jan 18, 2019)
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Funding Insights of Co-opInsurance
| 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 Co-opInsurance
Co-opInsurance 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 |
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P&C insurance broker
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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 Co-opInsurance
| 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 - Co-opInsurance
| 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 |
Co-Opinsurance Comparisons
Competitors of Co-opInsurance
Co-opInsurance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CompareTheMarket, Policy Expert, Brightside Insurance, WeCovr and Kwik Fit Insurance Services, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Operates an insurance comparison site to help users find and compare policies easily.
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| domain | founded_year | HQ Location |
Online P&C insurance comparison platform for individuals
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| domain | founded_year | HQ Location |
P&C insurance comparison platform
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| domain | founded_year | HQ Location |
Insurance solutions are provided through AI-driven comparison tools by WeCovr.
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| domain | founded_year | HQ Location |
Online comparison platform for P&C insurance
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| 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 Co-Opinsurance
Frequently Asked Questions about Co-opInsurance
When was Co-opInsurance founded?
Co-opInsurance was founded in 1867.
Where is Co-opInsurance located?
Co-opInsurance is headquartered in Manchester, United Kingdom. It is registered at Manchester, Greater Manchester, United Kingdom.
Who is the current CEO of Co-opInsurance?
Mark Summerfield is the current CEO of Co-opInsurance.
What does Co-opInsurance do?
Co-opInsurance is an online provider of non-life insurance like car, home, travel. pet and business insurance. Users need to fill up some basic details to get a quote and then they can buy the policy online using debit or credit cards.Travel insurance is underwritten by Mapfre. All the other insurance plans are underwritten by Co-op Insurance. Co-op insurance is a trading name of CIS General Insurance Ltd.
Who are the top competitors of Co-opInsurance?
Co-opInsurance's top competitors include Policy Expert, Brightside Insurance and Kwik Fit Insurance Services.
Who are Co-opInsurance's investors?
Co-opInsurance has 1 investor. Key investors include Markerstudy Group.