About DBS
DBS is a company based in Minneapolis (United States) founded in 1968 by George Van Dusen was acquired by NFP in April 2023. It operates as a Brokerage / Intermediation, and Professional Services. DBS offers products and services including Life Insurance Solutions, Advanced Case Support, and Underwriting Expertise.
- Headquarter Minneapolis, United States
- Founders George Van Dusen
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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 Diversified Brokerage Services, Inc.
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Products & Services of DBS
DBS offers a comprehensive portfolio of products and services, including Life Insurance Solutions, Advanced Case Support, and Underwriting Expertise. 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.
Life insurance solutions are provided for client efficiency.
Complex client solutions are designed with expert support.
Underwriting services are offered for medical and financial cases.
Funding Insights of DBS
| 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 DBS
DBS has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include NFP. 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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Personal, property, casualty, and retirement insurance advisory services are provided.
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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 DBS
| 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 - DBS
| 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 |
Dbs Comparisons
Competitors of DBS
| 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 DBS
When was DBS founded?
DBS was founded in 1968.
Where is DBS located?
DBS is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Who is the current CEO of DBS?
George C Van Dusen is the current CEO of DBS.
What does DBS do?
DBS, operating as Diversified Brokerage Services, Inc., is focused on providing life insurance solutions to advisors and clients. The company is specialized in efficient sales processes, advanced case design, and underwriting expertise. Services are extended across the insurance sector with deep carrier relationships built over 50 years. Support is offered through dedicated regional sales directors and back-office efficiencies. Complex client cases are managed with tailored solutions by expert teams. The business is designed to enhance profitability and ease for advisors in the life insurance industry.
What products or services does DBS offer?
DBS offers Life Insurance Solutions, Advanced Case Support, and Underwriting Expertise.
Who are DBS's investors?
DBS has 1 investor. Key investors include NFP.
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