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 company based in Hemel Hempstead (United Kingdom) founded in 2009 was acquired by PIB Group in March 2018.. The company has 547 employees as of December 31, 2021. Lorica Insurance Bkr operates in a competitive market with competitors including Simply Business, Direct Line for Business, Get Indemnity, PolicyBee and constructaquote.com, among others.

  • Headquarter Hemel Hempstead, United Kingdom
  • Employees 547 as on 31 Dec, 2021
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Pib Risk Services Limited
  • Date of Incorporation 30 Jan, 1992
  • Jurisdiction RETFORD, NOTTINGHAMSHIRE
Operational Areas
Financial Services → FinTech & Digital Finance
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
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    547

    as on Dec 31, 2021

  • Acquired by
    PIB Group

    (Mar 01, 2018)

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Funding Insights of Lorica Insurance Bkr

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 Lorica Insurance Bkr

Lorica Insurance Bkr has secured backing from 1 investor. Prominent investors backing the company include PIB Group. 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
Investor Description Founded Year Domain Location
Diversified insurance brokerage services are provided to various clients.
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 Lorica Insurance Bkr

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 - Lorica Insurance Bkr

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

Lorica Insurance Bkr Comparisons

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Competitors of Lorica Insurance Bkr

Lorica Insurance Bkr 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 Simply Business, Direct Line for Business, Get Indemnity, PolicyBee and constructaquote.com, 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
Online brokerage for tailored small business insurance quotes is offered.
domain founded_year HQ Location
Offers insurance policies for vans, landlords, tradesmen, and small businesses in the UK.
domain founded_year HQ Location
Digital insurance broker
domain founded_year HQ Location
Business insurance quotes are compared and policies bought online.
domain founded_year HQ Location
Online platform for business insurance quotes from multiple providers.
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 Lorica Insurance Bkr

Frequently Asked Questions about Lorica Insurance Bkr

When was Lorica Insurance Bkr founded?

Lorica Insurance Bkr was founded in 2009.

Where is Lorica Insurance Bkr located?

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

How many employees does Lorica Insurance Bkr have?

As of Dec 31, 2021, the latest employee count at Lorica Insurance Bkr is 547.

What is the annual revenue of Lorica Insurance Bkr?

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

What does Lorica Insurance Bkr do?

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.

Who are the top competitors of Lorica Insurance Bkr?

Lorica Insurance Bkr's top competitors include Simply Business, PolicyBee and Get Indemnity.

Who are Lorica Insurance Bkr's investors?

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

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