About Everest
Everest is a company based in New York (United States) founded in 1973. It operates as a Professional Services, and Subscription Services. The company has 1,276 employees as of December 31, 2017. Everest has completed 1 acquisition, including Salus Systems. Everest offers products and services including Insurance, Reinsurance, and Claims Support. Everest operates in a competitive market with competitors including HUB International, State Farm, AXIS Capital, Manulife and Assurant, among others.
- Headquarter New York, United States
- Employees 1276 as on 31 Dec, 2017
- Stage Public
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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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- Legal Name Everest Group, Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
1276
as on Dec 31, 2017
- Investments & Acquisitions
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Products & Services of Everest
Everest offers a comprehensive portfolio of products and services, including Insurance, Reinsurance, and Claims Support. 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.
Insurance solutions are provided for diverse global clients.
Reinsurance products are offered to global insurance partners.
Claims support is delivered efficiently to reduce risks.
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Funding Insights of Everest
| 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 |
Investments & Acquisitions by Everest
Everest has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Salus Systems. 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 |
|---|---|---|---|---|---|
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of application development, network security, business analysis and IT consulting services
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1993 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Everest
| 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 |
Everest Comparisons
Competitors of Everest
Everest 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 HUB International, State Farm, AXIS Capital, Manulife and Assurant, 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 |
Investment advisory, insurance distribution, and risk management services are provided.
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| domain | founded_year | HQ Location |
Insurance and financial services are provided to individuals and businesses.
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| domain | founded_year | HQ Location |
Diversified insurance services are provided across global markets.
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| domain | founded_year | HQ Location |
Life insurance and diversified asset management services are provided.
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| domain | founded_year | HQ Location |
Homeowner, rental, vehicle, flood, and travel insurance services are provided.
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| domain | founded_year | HQ Location |
Life, health, and financial insurance services are provided globally.
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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 Everest
Frequently Asked Questions about Everest
When was Everest founded?
Everest was founded in 1973.
Where is Everest located?
Everest is headquartered in New York, United States. It is registered at New York, New York, United States.
How many employees does Everest have?
As of Dec 31, 2017, the latest employee count at Everest is 1,276.
What does Everest do?
Everest is established as a prominent provider of insurance and reinsurance solutions, operating in over 115 countries across six continents. The company is focused on property, casualty, and specialty lines, addressing complex challenges faced by clients. Diverse products are offered, including accident and health, specialty lines, and structured solutions. Services are extended through a global network of offices, ensuring tailored support. Commitment is shown to disciplined underwriting, risk management, and capital strength over a 50-year history. Sustainable value is created for shareholders, colleagues, and communities served worldwide.
Who are the top competitors of Everest?
Everest's top competitors include HUB International, AXIS Capital and Assurant.
What products or services does Everest offer?
Everest offers Insurance, Reinsurance, and Claims Support.
How many acquisitions has Everest made?
Everest has made 1 acquisition, including Salus Systems.