About Fender Marine
Fender Marine is a Financial Services company based in Bergen (Norway) founded in 2005, and was acquired by Pen Underwriting in July 2023. Life and boat insurance services are offered by Fender. It operates on a Professional Services model. The company has 18 employees. Its chief executive, as recorded, is Ola Skauge. Fender Marine offers products and services including Boat Insurance, Transport Insurance, and Marina/Association Insurance. Its focus areas include Insurance and Marine Insurance. Its competitors include WaterCircles, Insr and Nice.
Company details
Fender Marine is focused on offering maritime insurance products for private and commercial clients. Coverage is provided for leisure boats, transport, marinas, and associations. The company is committed to supporting the UNs sustainability goals in collaboration with CEFOR. Services are tailored to boat enthusiasts, ensuring personalized assistance and expertise in the maritime sector.
- Headquarters Bergen, Norway
- Employees 18
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website fender.no
- Social LinkedIn Facebook
- Acquired by Pen Underwriting (Jul 2023)
- Legal Name Fender Marine
- Annual Revenue$4.42 M (USD)41as on Dec 31, 2022
- Net Profit$247.72 K (USD)-10as on Dec 31, 2022
- EBITDA$827.75 K (USD)60as on Dec 31, 2022
- Investors
- Employee Count18
- Acquired byPen Underwriting
(Jul 2023)
Products & Services of Fender Marine
Fender Marine offers a comprehensive portfolio of products and services, including Boat Insurance, Transport Insurance, and Marina/Association Insurance.
Insurance for boats is provided against various damages.
Transport insurance is offered for maritime-related risks.
Insurance for marinas and associations is made available.
Investors in Fender Marine
Fender Marine has secured backing from 1 investor. Prominent investors backing the company include Pen Underwriting.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Insurance underwriting services are provided to clients by Pen Underwriting. | 2014 | penunderwriting.co.uk | London, United Kingdom |
Investor details for Fender Marine
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People of Fender Marine
1 people are tracked at Fender Marine (1 in leadership); the tracked headcount is 18.
| Name | Role | Group |
|---|---|---|
Ola Skauge | CEO | Leadership |
Complete people profiles for Fender Marine
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Timeline of Fender Marine
2 dated milestones of Fender Marine across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Fender Marine is founded.
- Exit Acquired by Pen Underwriting.
Competitors of Fender Marine
Fender Marine has 3 listed competitors in our database. They include WaterCircles, Insr and Nice.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| watercircles.no | 2015 | Lysaker, Norway | 48 | Property and casualty insurance is provided by WaterCircles in Norway. | ||
| insr.io | 2009 | Oslo, Norway | Diversified insurance services are provided by Insr in Norway. | |||
| nice.no | 1987 | Sandvika, Norway | Provider of non life and personal insurance services for private & business sectors |
Detailed competitors of Fender Marine
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Web traffic of Fender Marine
The website of Fender Marine (fender.no) receives about 3.5K visits a month.
- Monthly visits3.5K
▼ 6% vs previous month
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Frequently Asked Questions about Fender Marine
Fender Marine was founded in 2005.
Fender Marine is headquartered in Bergen, Norway. It is registered at Bergen, Vestland, Norway.
Ola Skauge is the CEO of Fender Marine, as recorded in our data.
Fender Marine has 18 employees.
Annual revenue of Fender Marine is $4.42M as on Dec 31, 2022.
Fender Marine is focused on offering maritime insurance products for private and commercial clients. Coverage is provided for leisure boats, transport, marinas, and associations. The company is committed to supporting the UNs sustainability goals in collaboration with CEFOR. Services are tailored to boat enthusiasts, ensuring personalized assistance and expertise in the maritime sector.
Fender Marine's top competitors include WaterCircles, Nice and Insr.
Fender Marine offers Boat Insurance, Transport Insurance, and Marina/Association Insurance.
Fender Marine has 1 investor. Key investors include Pen Underwriting.
Fender Marine operates through Fender Marine.
Yes. Fender Marine was acquired by Pen Underwriting in July 2023.