About Elite Insurance
Elite Insurance is a company based in Grantham (United Kingdom) founded in 2005, and was acquired by Armour Group in February 2018. Provider of insurance services. Elite Insurance has raised $9.8 million across 1 funding round from investors including Maven Capital Partners and Armour Group. Its chief executive, as recorded, is Jason Smart. Elite Insurance offers products and services including Insurance Services and Administration Services. Its legal entity is Elite Insurance Company Limited.
Company details
Elite Insurance was founded in 2005 and is headquartered in Grantham, United Kingdom. Operations focus on the insurance sector, where various policies and coverage options are offered to clients. Services include risk assessment, claims processing, and policy management, primarily serving the UK market. Leadership is provided by CEO Jason Smart, with activities centered on regulatory compliance and client support in the financial services domain.
- Headquarters Grantham, United Kingdom
- Stage Acquired
- Website elite-insurance.co.uk
- Social X
- Acquired by Armour Group (Feb 2018)
- Legal Name Elite Insurance Company Limited
- Total Equity Funding$9.8M (USD)
in 1 rounds
- Latest Funding Round$9.8M (USD), Series A
Oct 2005
- InvestorsMaven Capital Partners
& 1 more
- Acquired byArmour Group
(Feb 2018)
Products & Services of Elite Insurance
Elite Insurance offers a comprehensive portfolio of products and services, including Insurance Services and Administration Services.
Insurance policies are provided by the company, which is authorized and regulated by the Gibraltar Financial Services Commission
Affairs and property of the company are managed by appointed administrators during the administration process
Funding Insights of Elite Insurance
Elite Insurance has successfully raised a total of $9.8M through 1 strategic funding round. The most recent funding activity was a Series A round of $9.8 million completed in October 2005. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $9.8M
- Total Rounds 1
- Last Round Series A — $9.8M
- First Round $9.8M
(Oct 2005)
- Investors Count 1
All 1 funding rounds of Elite Insurance with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2005 | $9.8M | Series A | – | Maven Capital Partners | – |
2 investors in total: 2 institutional.
Investors in Elite Insurance
Elite Insurance has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Maven Capital Partners and Armour Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are targeted for private equity investments. | 2005 | mavencp.com | Birmingham, United Kingdom | |
Insurance risk management services are provided globally by Armour Group. | 2007 | armourholdings.com | Bermuda |
Investor details for Elite Insurance
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Elite Insurance
1 people are tracked at Elite Insurance (1 in leadership).
| Name | Role | Group |
|---|---|---|
Jason Smart | CEO | Leadership |
Complete people profiles for Elite Insurance
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Elite Insurance
3 dated milestones of Elite Insurance across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Elite Insurance is founded.
- Funding First funding round of $9.8M.
- Exit Acquired by Armour Group.
Web traffic of Elite Insurance
The website of Elite Insurance (elite-insurance.co.uk) receives about 1K visits a month.
- Monthly visits1K
▲ 33.5% vs previous month
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Frequently Asked Questions about Elite Insurance
Elite Insurance was founded in 2005.
Elite Insurance is headquartered in Grantham, United Kingdom. It is registered at Grantham, England, United Kingdom.
Jason Smart is the CEO of Elite Insurance, as recorded in our data.
Elite Insurance is a funded company, having raised a total of $9.8M across 1 funding round to date. The company's 1st funding round was a Series A of $9.8M, raised on Oct 2005.
Elite Insurance was founded in 2005 and is headquartered in Grantham, United Kingdom. Operations focus on the insurance sector, where various policies and coverage options are offered to clients. Services include risk assessment, claims processing, and policy management, primarily serving the UK market. Leadership is provided by CEO Jason Smart, with activities centered on regulatory compliance and client support in the financial services domain.
Elite Insurance offers Insurance Services and Administration Services.
Elite Insurance has 2 investors. Key investors include Maven Capital Partners, and Armour Group.
Elite Insurance operates through Elite Insurance Company Limited.
Yes. Elite Insurance was acquired by Armour Group in February 2018.