Foram

Bermuda Founded: 2006 • Age: 20 yrs Acquired By Howden
Independent insurance and facultative reinsurance services are provided by Foram.

About Foram

Foram was established in 2006 in Bermuda as a provider in the insurance sector. Independent insurance services are offered alongside facultative reinsurance, with operations centered in Bermuda. The company focuses on specialized risk management solutions for clients in the reinsurance market. Activities are conducted through its domain foram.bm, supporting global insurance needs from this jurisdiction.

  • Headquarter Bermuda
  • Sectors
    Financial Services
  • Phone
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  • Website foram.bm
  • Acquired by Howden (Oct 2021)
Key Metrics

Investors in Foram

Foram has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Howden.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
provider of compressors, axial fans, air heaters, power generation, and rotating equipment
1854howden.comRenfrew, United Kingdom
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Investor details for Foram

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Timeline of Foram

2 dated milestones of Foram across 15 years, from founding to its latest funding, stage changes and deals.

  1. Founded Foram is founded.
  2. Exit Acquired by Howden.

Similar companies to Foram

10 companies that operate in the same segment as Foram (Insurance & Risk Management), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Vehicle parts and accessories are sold via an online platform.
1897Walsall, West Midlands, United KingdomUSD 20.37 M––
Health insurance plans are offered for individuals and families.
2006Chennai, Tamil Nadu, IndiaUSD 783.29 MUSD 1.9 B15,820
Life, health, and general insurance services are provided across India.
2001Mumbai, Maharashtra, IndiaUSD 306.52 MUSD 2.88 B16,700
Financial solutions including loans and insurance are offered.
2007Pune, Maharashtra, India–USD 15.24 B126
Life Insurance joint venture between SBI and BNP Paribas Cardiff
2000Mumbai, Maharashtra, IndiaUSD 264 MUSD 14.28 B26,360
Insurance, banking, and wealth management services are provided worldwide.
1816Paris, France–USD 128.35 B100,040
Investment advisory, insurance distribution, and risk management services are provided.
1998Chicago, Illinois, United StatesUSD 1.6 B––
Financial institution offering insurance & transaction services
1847Jacksonville, United StatesUSD 500 MUSD 14.51 B23,530
Integrated healthcare services and coverage are provided nationwide.
1945United States–––
Cloud-based employee benefits administration solutions are delivered.
1998West Des Moines, Iowa, United StatesUSD 65.16 M––
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Frequently Asked Questions about Foram

Foram was founded in 2006.

Foram is headquartered in Bermuda.

Foram was established in 2006 in Bermuda as a provider in the insurance sector. Independent insurance services are offered alongside facultative reinsurance, with operations centered in Bermuda. The company focuses on specialized risk management solutions for clients in the reinsurance market. Activities are conducted through its domain foram.bm, supporting global insurance needs from this jurisdiction.

Foram has 1 investor. Key investors include Howden.

Yes. Foram was acquired by Howden in October 2021.

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