Lorica Insurance Bkr

Hemel Hempstead, United Kingdom Founded: 2009 • Age: 17 yrs Acquired By PIB Group
Online brokerage for commercial insurance risks is offered.

About Lorica Insurance Bkr

Lorica Insurance Bkr is a Financial Services company based in Hemel Hempstead (United Kingdom) founded in 2009, and was acquired by PIB Group in March 2018. Online brokerage for commercial insurance risks is offered. The company has 547 employees. Its focus areas include FinTech, Internet First Insurance Platforms, Insurance Comparison Platforms and P&C. Its legal entity is PIB RISK SERVICES LIMITED. Its competitors include Simply Business, Direct Line for Business and Get Indemnity; 1 of its 3 listed competitors has raised funding.

Company details

Lorica Insurance Brokers was established in 2009 and is based in Hemel Hempstead, United Kingdom. Services are provided through an online platform for various commercial insurance needs, including construction, credit, cyber risks, data centers, farm and agricultural businesses, and financial institutions. Chartered Insurance Broker status is held, indicating established expertise in the sector. Operations focus on brokerage for these specialized areas.

  • Headquarters Hemel Hempstead, United Kingdom
  • Employees 547
  • Stage Acquired
  • Sectors
    Financial Services
  • Website loricainsurance.com
  • Social LinkedIn X Facebook
  • Acquired by PIB Group (Mar 2018)
  • Legal Name Pib Risk Services Limited
  • Date of Incorporation 30 Jan, 1992
  • Jurisdiction RETFORD, NOTTINGHAMSHIRE
Key Metrics
  • Annual Revenue
    $65.84 M (USD)
    7
    as on Dec 31, 2020
  • Net Profit
    $19.73 M (USD)
    15
    as on Dec 31, 2020
  • Investors
  • Employee Count
    547
  • Acquired by
    PIB Group

    (Mar 2018)

Investors in Lorica Insurance Bkr

Lorica Insurance Bkr has secured backing from 1 investor. Prominent investors backing the company include PIB Group.

All
InvestorDescriptionFounded YearDomainLocation
Diversified insurance brokerage services are provided to various clients.
2016pibgroup.co.ukLondon, United Kingdom
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Investor details for Lorica Insurance Bkr

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Timeline of Lorica Insurance Bkr

2 dated milestones of Lorica Insurance Bkr across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Lorica Insurance Bkr is founded.
  2. Exit Acquired by PIB Group.

Competitors of Lorica Insurance Bkr

Lorica Insurance Bkr has 3 listed competitors in our database, 1 of them funded. They include Simply Business, Direct Line for Business and Get Indemnity.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
simplybusiness.co.uk2000London, United Kingdom681
Online brokerage for tailored small business insurance quotes is offered.
directlineforbusiness.co.uk2007London, United Kingdom
Offers insurance policies for vans, landlords, tradesmen, and small businesses in the UK.
getindemnity.co.uk2017London, United Kingdom$30,674
Digital insurance broker
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Detailed competitors of Lorica Insurance Bkr

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Frequently Asked Questions about Lorica Insurance Bkr

Lorica Insurance Bkr was founded in 2009.

Lorica Insurance Bkr is headquartered in Hemel Hempstead, United Kingdom.

Lorica Insurance Bkr has 547 employees.

Annual revenue of Lorica Insurance Bkr is $65.84M as on Dec 31, 2020.

Lorica Insurance Brokers was established in 2009 and is based in Hemel Hempstead, United Kingdom. Services are provided through an online platform for various commercial insurance needs, including construction, credit, cyber risks, data centers, farm and agricultural businesses, and financial institutions. Chartered Insurance Broker status is held, indicating established expertise in the sector. Operations focus on brokerage for these specialized areas.

Lorica Insurance Bkr's top competitors include Simply Business, Get Indemnity and Direct Line for Business.

Lorica Insurance Bkr has 1 investor. Key investors include PIB Group.

Lorica Insurance Bkr operates through Pib Risk Services Limited.

Yes. Lorica Insurance Bkr was acquired by PIB Group in March 2018.

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