Insured

Lagos, Nigeria Founded: 2013 • Age: 13 yrs Acquired By CompareGuru
Insurance products from Nigerian insurers are compared for buyers.

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
  • Sectors
    Financial Services
  • Email
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  • Website insured.ng
  • Social X
  • Acquired by CompareGuru (Aug 2015)
Key Metrics

Investors in Insured

Insured has secured backing from 1 investor. Prominent investors backing the company include CompareGuru.

All
InvestorDescriptionFounded YearDomainLocation
Online insurance comparison platform for individuals and businesses
2013compareguru.co.zaCape Town, South Africa
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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.

  1. Founded Insured is founded.
  2. 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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
topcheck.com.ng2015Lagos, Nigeria$1.15M
Insurance quotes are compared online for Nigerian customers.
ucib.com.ng2003Ikeja, Nigeria
Provides brokerage for motor, travel, SME, personal, health, and corporate insurance services.
icomparemoney.com2016Nigeria
Operates a comparison platform for financial and utility products to aid consumer decisions.
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Detailed competitors of Insured

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  • Operating metrics
  • Benchmarks
  • Competitive positioning

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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.

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