About LCLI
LCLI is a company based in Douglas (United Kingdom) founded in 2005 was acquired by Monument Re in August 2020.. LCLI offers products and services including MyMI and MILAC Funds. LCLI operates in a competitive market with competitors including Protective Life Insurance, AIG Life, Yurtle, Mobius Life and SunLife, among others.
- Headquarter Douglas, United Kingdom
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Sectors
Financial Services
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Phone
*********
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Website
*********
- Legal Name Monument International Life Assurance Company Limited
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Monument Re
(Aug 25, 2020)
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Products & Services of LCLI
LCLI offers a comprehensive portfolio of products and services, including MyMI and MILAC Funds. 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.
Platform for policyholders to manage investments and download documents.
Access to life assurance funds and external investment options.
Funding Insights of LCLI
| 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 |
Investors in LCLI
LCLI has secured backing from 1 investor. Prominent investors backing the company include Monument Re. 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.
| Investor | Description | Founded Year | Domain | Location |
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Offers reinsurance, portfolio transfers, and acquisitions for European life insurers.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by LCLI
| 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 - LCLI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Lcli Comparisons
Competitors of LCLI
LCLI 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 Protective Life Insurance, AIG Life, Yurtle, Mobius Life and SunLife, 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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| domain | founded_year | HQ Location |
Life insurance policies are issued and managed for customers.
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| domain | founded_year | HQ Location |
Life insurance policies are provided in the United Kingdom.
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| domain | founded_year | HQ Location |
Life insurance services are provided online by Yurtle.
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| domain | founded_year | HQ Location |
Life insurance policies are underwritten and distributed by Mobius Life.
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| domain | founded_year | HQ Location |
Life insurance policies are provided by SunLife to UK customers.
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| domain | founded_year | HQ Location |
Provides life insurance coverage to consumers via retail and partnerships worldwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lcli
Frequently Asked Questions about LCLI
When was LCLI founded?
LCLI was founded in 2005.
Where is LCLI located?
LCLI is headquartered in Douglas, United Kingdom.
What does LCLI do?
LCLI was established in 2005 in Douglas, United Kingdom, as a life insurance carrier. Operations are focused on the insurance sector, where policies for life coverage are underwritten and administered. Services include policy issuance, claims processing, and customer support, all conducted from the companys base in the UK. The domain lcl-ila.com is utilized for online interactions related to these activities.
Who are the top competitors of LCLI?
LCLI's top competitors include Protective Life Insurance, Yurtle and SunLife.
What products or services does LCLI offer?
LCLI offers MyMI and MILAC Funds.
Who are LCLI's investors?
LCLI has 1 investor. Key investors include Monument Re.
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