About Insured
Insured is a Financial Services company based in Lagos (Nigeria) founded in 2013, and was acquired by CompareGuru in August 2015. Insurance products from Nigerian insurers are compared for buyers. The company was acqui-hired. Its focus areas include FinTech, Internet First Insurance Platforms, Insurance Comparison Platforms and Diversified. Its competitors include TopCheck, UCIB and icomparemoney; 1 of its 3 listed competitors has raised funding.
Company details
Insured was founded in 2013 in Lagos, Nigeria, within the insurance sector. A platform is operated as an intermediary between insurers and buyers, where various products are compared. Coverage includes private insurances like car, life, and home; compulsory types such as liability and third-party; and business options including professional indemnity and contingency. Operations focus on Nigerias leading insurers.
- Headquarters Lagos, Nigeria
- Stage Acquired
- SectorsFinancial Services
- Emailβ’β’β’β’β’β’β’β’
- Website insured.ng
- Social X
- Acquired by CompareGuru (Aug 2015)
- Investors
- Acquired byCompareGuru
(Aug 2015)
Investors in Insured
Insured has secured backing from 1 investor. Prominent investors backing the company include CompareGuru.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Online insurance comparison platform for individuals and businesses | 2013 | compareguru.co.za | Cape Town, South Africa |
Investor details for Insured
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- Complete investor list
- Round participation
- Investor portfolios
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Timeline of Insured
2 dated milestones of Insured across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Insured is founded.
- Exit Acquired by CompareGuru.
Competitors of Insured
Insured has 3 listed competitors in our database, 1 of them funded. They include TopCheck, UCIB and icomparemoney.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| topcheck.com.ng | 2015 | Lagos, Nigeria | $1.15M | Insurance quotes are compared online for Nigerian customers. | ||
| ucib.com.ng | 2003 | Ikeja, Nigeria | Provides brokerage for motor, travel, SME, personal, health, and corporate insurance services. | |||
| icomparemoney.com | 2016 | Nigeria | Operates a comparison platform for financial and utility products to aid consumer decisions. |
Detailed competitors of Insured
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Insured
Insured was founded in 2013.
Insured is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
Insured was founded in 2013 in Lagos, Nigeria, within the insurance sector. A platform is operated as an intermediary between insurers and buyers, where various products are compared. Coverage includes private insurances like car, life, and home; compulsory types such as liability and third-party; and business options including professional indemnity and contingency. Operations focus on Nigerias leading insurers.
Insured's top competitors include TopCheck, UCIB and icomparemoney.
Insured has 1 investor. Key investors include CompareGuru.
Yes. Insured was acquired by CompareGuru in August 2015.
