About Generations Insurance
Generations Insurance is a company based in Scarborough (Canada) founded in 2006 was acquired by Stoneridge Insurance Brokers in April 2022.. Generations Insurance operates in a competitive market with competitors including Lowest Rates, MIG Insurance, Insurego, Aha Insurance and Armour Insurance Group, among others.
- Headquarter Scarborough, Canada
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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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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Stoneridge Insurance Brokers
(Apr 04, 2022)
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Funding Insights of Generations Insurance
| 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 Generations Insurance
Generations Insurance has secured backing from 1 investor. Prominent investors backing the company include Stoneridge Insurance Brokers. 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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Insurance brokerage services are provided to clients in Canada.
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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 Generations Insurance
| 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 - Generations Insurance
| 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 |
Generations Insurance Comparisons
Competitors of Generations Insurance
Generations Insurance 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 Lowest Rates, MIG Insurance, Insurego, Aha Insurance and Armour Insurance Group, 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 |
Comparison platform for financial products
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| domain | founded_year | HQ Location |
Insurance platform for home, auto, and business insurance
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| domain | founded_year | HQ Location |
Insurance comparison platform
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| domain | founded_year | HQ Location |
Online platform for vehicle and property insurance is operated.
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| domain | founded_year | HQ Location |
Offers insurance services for home, car, commercial, and recreational vehicles.
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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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Frequently Asked Questions about Generations Insurance
When was Generations Insurance founded?
Generations Insurance was founded in 2006.
Where is Generations Insurance located?
Generations Insurance is headquartered in Scarborough, Canada. It is registered at Scarborough, Ontario, Canada.
What does Generations Insurance do?
Generations Insurance was established in 2006 in Scarborough, Canada. An online platform is maintained for comparing various insurances, including personal options like property, car, and travel coverage, as well as business policies. Support for insurance claims is also handled through dedicated solutions. Operations focus on facilitating access to these services within the Canadian market.
Who are the top competitors of Generations Insurance?
Generations Insurance's top competitors include MIG Insurance, Lowest Rates and Aha Insurance.
Who are Generations Insurance's investors?
Generations Insurance has 1 investor. Key investors include Stoneridge Insurance Brokers.