About Lancer Insurance
Lancer Insurance is a company based in Long Beach (United States) founded in 1985. It operates as a B2B. The company has 361 employees as of December 31, 2022. Lancer Insurance offers products and services including Auto Rental Insurance, Commercial Auto Insurance, Long-Haul Trucking Insurance, and Limousine Insurance. Lancer Insurance operates in a competitive market with competitors including National General Insurance, The Hanover Insurance Group, AmTrust Financial, The Hartford and Ambac Financial Group, among others.
- Headquarter Long Beach, United States
- Employees 361 as on 31 Dec, 2022
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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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- Legal Name Lancer Insurance Company
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
361
as on Dec 31, 2022
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Products & Services of Lancer Insurance
Lancer Insurance offers a comprehensive portfolio of products and services, including Auto Rental Insurance, Commercial Auto Insurance, Long-Haul Trucking Insurance, and Limousine 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.
Covers risks for auto rental businesses and operations
Provides coverage for commercial auto and garage activities
Insures long-haul trucking operations and related liabilities
Offers protection for limousine services and transportation
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Software Development Team
3 people
Leadership Team
3 people
Finance and Accounting
1 people
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Funding Insights of Lancer 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 |
Investments & Acquisitions by Lancer 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 - Lancer 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 |
Lancer Insurance Comparisons
Competitors of Lancer Insurance
Lancer 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 National General Insurance, The Hanover Insurance Group, AmTrust Financial, The Hartford and Ambac Financial 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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Property and casualty insurance is provided by National General Insurance.
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Insurance brokerage services are provided to various clients.
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Property and casualty insurance company
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Insurance, benefits, and mutual funds are provided in financial services.
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Diversified investment management services are provided to institutional clients.
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Financial services are offered via investments and insurance operations.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lancer Insurance
Frequently Asked Questions about Lancer Insurance
When was Lancer Insurance founded?
Lancer Insurance was founded in 1985.
Where is Lancer Insurance located?
Lancer Insurance is headquartered in Long Beach, United States. It is registered at Long Beach, California, United States.
How many employees does Lancer Insurance have?
As of Dec 31, 2022, the latest employee count at Lancer Insurance is 361.
What does Lancer Insurance do?
Lancer Insurance Company specializes in providing specialty insurance solutions for commercial transportation sectors, including auto rental and long-haul trucking. They work with brokers and policyholders to address unique business needs, offering services like claims reporting and safety resources. Based in Long Beach, New York, they serve clients in the US through a network of over 2,000 brokers, focusing on regulatory compliance and loss control to support business success.
Who are the top competitors of Lancer Insurance?
Lancer Insurance's top competitors include National General Insurance, AmTrust Financial and First American.
What products or services does Lancer Insurance offer?
Lancer Insurance offers Auto Rental Insurance, Commercial Auto Insurance, Long-Haul Trucking Insurance, and Limousine Insurance.