About Cover-More
Cover-More is a company based in Sydney (Australia) founded in 1986 was acquired by Zurich in December 2016.. Cover-More has completed 4 acquisitions, including Benestar, Blue Insurance and Fitsense.
- Headquarter Sydney, Australia
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Software Development Team
40 people
Sales and Marketing
22 people
Finance and Accounting
11 people
Leadership Team
9 people
Human Resources and Administration
8 people
Senior Team
7 people
Head Team
7 people
Legal and Compliance
6 people
Unlock access to complete
Funding Insights of Cover-More
| 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 Cover-More
Cover-More has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Zurich. 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 |
|---|---|---|---|---|
|
Global insurance services are offered to individuals and businesses.
|
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 Cover-More
Cover-More has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Benestar, Blue Insurance and Fitsense. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Provider of data analytics platform for insurers to provide personalized insurance
|
2015 | ||||
|
Incident management, workforce wellness, and financial services are provided.
|
2011 | ||||
|
Property and casualty insurance coverage is provided in Ireland.
|
2003 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Cover-More
| 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 |
Cover-More Comparisons
Competitors of Cover-More
| 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 Cover-More
Frequently Asked Questions about Cover-More
When was Cover-More founded?
Cover-More was founded in 1986.
Where is Cover-More located?
Cover-More is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
What does Cover-More do?
Cover-More was established in 1986 in Sydney, Australia, within the travel insurance sector. Policies for personal and business travel are offered, covering medical emergencies, trip cancellations, and baggage issues. Operations focus on risk management for international and domestic journeys, with services extended to customers across Australia and select global markets. The firms domain, covermoregroup.com, supports online policy management and claims processing.
How many acquisitions has Cover-More made?
Cover-More has made 4 acquisitions, including Benestar, Blue Insurance, and Fitsense.
Who are Cover-More's investors?
Cover-More has 1 investor. Key investors include Zurich.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.