About FOCUS Insurance Services
FOCUS Insurance Services is a company based in Sunrise (United States) founded in 1946 was acquired by PEAK6 in June 2021. It operates as a SaaS (Software-as-a-Service), and Professional Services. FOCUS Insurance Services offers products and services including Insurance BPO Services, InFocus Platform, Underwriting Outsourcing, and Claims Management. FOCUS Insurance Services operates in a competitive market with competitors including Guidewire, Bold Penguin, OneShield, Duck Creek and BetterView, among others.
- Headquarter Sunrise, United States
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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 Focus
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Products & Services of FOCUS Insurance Services
FOCUS Insurance Services offers a comprehensive portfolio of products and services, including Insurance BPO Services, InFocus Platform, Underwriting Outsourcing, and Claims Management. 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.
Comprehensive outsourcing solutions are provided for insurance operations.
Cloud-based platform is offered for policy and claims management.
Expert underwriting support is delivered for risk evaluation processes.
Efficient claims handling services are provided to insurance clients.
Funding Insights of FOCUS Insurance Services
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 FOCUS Insurance Services
FOCUS Insurance Services has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include PEAK6. 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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Investment firm focused on finance and technology opportunities.
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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 FOCUS Insurance Services
| 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 - FOCUS Insurance Services
| 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 |
Focus Insurance Services Comparisons
Competitors of FOCUS Insurance Services
FOCUS Insurance Services 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 Guidewire, Bold Penguin, OneShield, Duck Creek and BetterView, 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 |
Cloud-based platform for property and casualty insurance is provided.
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| domain | founded_year | HQ Location |
Software suite is offered for commercial insurance quoting and binding.
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| domain | founded_year | HQ Location |
Cloud-based insurance policy and claims management solutions for the p&c insurance industry
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| domain | founded_year | HQ Location |
Cloud-based solutions for property, casualty, and general insurance are provided.
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| domain | founded_year | HQ Location |
Insurance policy management and risk management solutions for the P&C insurance industry
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| domain | founded_year | HQ Location |
Insurity is recognized for providing cloud-native insurance software solutions.
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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 Focus Insurance Services
Frequently Asked Questions about FOCUS Insurance Services
When was FOCUS Insurance Services founded?
FOCUS Insurance Services was founded in 1946.
Where is FOCUS Insurance Services located?
FOCUS Insurance Services is headquartered in Sunrise, United States. It is registered at Sunrise, Florida, United States.
Who is the current CEO of FOCUS Insurance Services?
Kevin M Tromer is the current CEO of FOCUS Insurance Services.
What does FOCUS Insurance Services do?
Insurance BPO services are offered by FOCUS to support property and casualty insurers and managing general agents. Comprehensive solutions are provided across the insurance lifecycle, including underwriting, claims management, customer service, and back-office operations. A cloud-based SaaS platform, InFocus, is integrated to streamline policy, billing, and claims processes. Services are delivered by U.S.-based professionals to ensure compliance, data security, and brand alignment. The focus is placed on reducing operational costs, enhancing scalability, and improving customer satisfaction for insurance companies, startups, and MGAs.
Who are the top competitors of FOCUS Insurance Services?
FOCUS Insurance Services's top competitors include Guidewire, Bold Penguin and OneShield.
What products or services does FOCUS Insurance Services offer?
FOCUS Insurance Services offers Insurance BPO Services, InFocus Platform, Underwriting Outsourcing, and Claims Management.
Who are FOCUS Insurance Services's investors?
FOCUS Insurance Services has 1 investor. Key investors include PEAK6.
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