Kwik Fit Insurance Services

Glasgow, United Kingdom Founded: 1995 • Age: 31 yrs Acquired By Ageas
Online comparison platform for PC insurance

About Kwik Fit Insurance Services

Kwik Fit Insurance Services is a company based in Glasgow (United Kingdom) founded in 1995 was acquired by Ageas in July 2010.. Kwik Fit Insurance Services offers products and services including Backorder Service and Auction Platform. Kwik Fit Insurance Services operates in a competitive market with competitors including CompareTheMarket, Policy Expert, Brightside Insurance, WeCovr and Co-opInsurance, among others.

  • Headquarter Glasgow, United Kingdom
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ageas Retail Limited
  • Date of Incorporation 10 Aug, 1977
  • Jurisdiction EASTLEIGH, HAMPSHIRE
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $97.58 M (USD)
    -11
    as on Dec 31, 2020
  • Net Profit
    $8.6 M (USD)
    62
    as on Dec 31, 2020
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Ageas

    (Jul 02, 2010)

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Products & Services of Kwik Fit Insurance Services

Kwik Fit Insurance Services offers a comprehensive portfolio of products and services, including Backorder Service and Auction Platform. 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

Service for automatically catching expiring domains upon release.

Platform for bidding and selling UK domains through auctions.

Funding Insights of Kwik Fit Insurance Services

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

Investors in Kwik Fit Insurance Services

Kwik Fit Insurance Services has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Ageas. 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.

All
Institutional
Investor Description Founded Year Domain Location
Insurance in property, casualty, life, and pensions is offered worldwide.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Kwik Fit Insurance Services

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 - Kwik Fit Insurance Services

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

Kwik Fit Insurance Services Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of Kwik Fit Insurance Services

Kwik Fit Insurance Services 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 CompareTheMarket, Policy Expert, Brightside Insurance, WeCovr and Co-opInsurance, 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
Operates an insurance comparison site to help users find and compare policies easily.
domain founded_year HQ Location
Online P&C insurance comparison platform for individuals
domain founded_year HQ Location
P&C insurance comparison platform
domain founded_year HQ Location
Insurance solutions are provided through AI-driven comparison tools by WeCovr.
domain founded_year HQ Location
Non-life online insurance provider
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 Kwik Fit Insurance Services

Frequently Asked Questions about Kwik Fit Insurance Services

When was Kwik Fit Insurance Services founded?

Kwik Fit Insurance Services was founded in 1995.

Where is Kwik Fit Insurance Services located?

Kwik Fit Insurance Services is headquartered in Glasgow, United Kingdom. It is registered at Glasgow, Scotland, United Kingdom.

What is the annual revenue of Kwik Fit Insurance Services?

Annual revenue of Kwik Fit Insurance Services is $97.58M as on Dec 31, 2020.

What does Kwik Fit Insurance Services do?

Kwik Fit Insurance Services was founded in 1995 in Glasgow, United Kingdom, within the property and casualty insurance sector. An online platform is operated to compare quotes for home, van, bike, breakdown, pet, and car insurance, along with other types. Claims assistance solutions are also delivered to support policyholders across these areas.

Who are the top competitors of Kwik Fit Insurance Services?

Kwik Fit Insurance Services's top competitors include Policy Expert, Brightside Insurance and Co-opInsurance.

What products or services does Kwik Fit Insurance Services offer?

Kwik Fit Insurance Services offers Backorder Service and Auction Platform.

Who are Kwik Fit Insurance Services's investors?

Kwik Fit Insurance Services has 1 investor. Key investors include Ageas.

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