About LP Risk
LP Risk is a company based in Houston (United States) founded in 1982 by Marcus Jensvold was acquired by XPT in April 2020.. LP Risk has completed 1 acquisition, including Houston Surplus Lines. LP Risk offers products and services including Brokerage Services, Flood Risk Solutions, Binding Authority, and Unique Products.
- Headquarter Houston, United States
- Founders Marcus Jensvold
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Xpt Partners Llc
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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
- Investments & Acquisitions
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Acquired by
XPT
(Apr 24, 2020)
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Products & Services of LP Risk
LP Risk offers a comprehensive portfolio of products and services, including Brokerage Services, Flood Risk Solutions, Binding Authority, and Unique Products. 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.
Provides wholesale brokerage for commercial insurance needs
Offers flood insurance and mitigation services for clients
Enables authority for insurance binding in various sectors
Delivers tailored insurance products for specific industries
Funding Insights of LP Risk
| 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 LP Risk
LP Risk has secured backing from 1 investor. Prominent investors backing the company include XPT Specialty. 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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Wholesale insurance brokerage is specialized in niche markets.
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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 LP Risk
LP Risk has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Houston Surplus Lines. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Surplus lines insurance brokerage services are provided nationwide.
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1994 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - LP Risk
| 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 |
Lp Risk Comparisons
Competitors of LP Risk
| 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 Lp Risk
Frequently Asked Questions about LP Risk
When was LP Risk founded?
LP Risk was founded in 1982.
Where is LP Risk located?
LP Risk is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
What does LP Risk do?
LP Risk was established in 1982 by founder Marcus Jensvold in Houston, United States. Operations focus on the insurance sector, where diversified risk management services are provided to clients. Coverage includes various insurance products tailored to business needs, with activities centered in the U.S. market. The company maintains a presence in supporting risk assessment and mitigation strategies across industries.
What products or services does LP Risk offer?
LP Risk offers Brokerage Services, Flood Risk Solutions, Binding Authority, and Unique Products.
How many acquisitions has LP Risk made?
LP Risk has made 1 acquisition, including Houston Surplus Lines.
Who are LP Risk's investors?
LP Risk has 1 investor. Key investors include XPT Specialty.