Greenlight Insurance

Billericay, United Kingdom Founded: 1996 • Age: 30 yrs
Provider of property and casualty reinsurer with a focus on modified vehicle insurance

About Greenlight Insurance

Greenlight Insurance is a company based in Billericay (United Kingdom) founded in 1996.. Greenlight Insurance offers products and services including Modified Car Insurance, Modified Van Insurance, Modified Commercial Vehicle Insurance, Standard Car Insurance, and SORN or Laid Up Insurance. Greenlight Insurance operates in a competitive market with competitors including Admiral Group, Admiral, Aioi Nissay Dowa Europe, 1st CENTRAL and MCE Insurance, among others.

  • Headquarter Billericay, United Kingdom
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Green Light Insurance Services Limited
  • Date of Incorporation 25 Jul, 1996
  • Jurisdiction BILLERICAY, ESSEX
Operational Areas
Financial Services → Insurance & Risk Management
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by

    (Feb 14, 2024)

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Products & Services of Greenlight Insurance

Greenlight Insurance offers a comprehensive portfolio of products and services, including Modified Car Insurance, Modified Van Insurance, Modified Commercial Vehicle Insurance, Standard Car Insurance, and SORN or Laid Up Insurance. 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.

Primary

Coverage for modified cars with competitive pricing and flexible options.

Insurance for modified vans including day vans and campers.

Protection for modified commercial vehicles at affordable rates.

Basic insurance for performance and standard cars.

Coverage for vehicles in storage with statutory off-road notification.

Funding Insights of Greenlight Insurance

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Greenlight Insurance

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Greenlight Insurance

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Greenlight Insurance Comparisons

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Competitors of Greenlight Insurance

Greenlight 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 Admiral Group, Admiral, Aioi Nissay Dowa Europe, 1st CENTRAL and MCE Insurance, 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
domain founded_year HQ Location
Car insurance and related services are provided in the UK.
domain founded_year HQ Location
Auto insurance policies are provided by Admiral in the UK.
domain founded_year HQ Location
Offers motor and life insurance for consumers and businesses across Europe.
domain founded_year HQ Location
Provides car and home insurance quotes with multicar discounts and breakdown cover.
domain founded_year HQ Location
Delivers comprehensive car and bike insurance services.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Greenlight Insurance

Frequently Asked Questions about Greenlight Insurance

When was Greenlight Insurance founded?

Greenlight Insurance was founded in 1996.

Where is Greenlight Insurance located?

Greenlight Insurance is headquartered in Billericay, United Kingdom. It is registered at Billericay, Essex, United Kingdom.

What does Greenlight Insurance do?

Greenlight Insurance is a UK-based company that specializes in modified vehicle insurance. They offer quotes for modified car insurance and are a specialist property and casualty reinsurer with operations in the Cayman Islands, Ireland, and the UK. They also use cookies on their website to analyze web traffic.

Who are the top competitors of Greenlight Insurance?

Greenlight Insurance's top competitors include Admiral Group, Admiral and MyFirst.

What products or services does Greenlight Insurance offer?

Greenlight Insurance offers Modified Car Insurance, Modified Van Insurance, Modified Commercial Vehicle Insurance, Standard Car Insurance, and SORN or Laid Up Insurance.

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