About Nevada General Insurance Company
Nevada General Insurance Company is a company based in Las Vegas (United States) founded in 1994 was acquired by Southlake Financial Holdings in February 2024.. Nevada General Insurance Company offers products and services including Program Formation, Underwriting Customization, and Claims Management. Nevada General Insurance Company operates in a competitive market with competitors including Hagerty, HDVI, Cover Whale, Falcon Insurance Group and Aanika, among others.
- Headquarter Las Vegas, United States
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Sectors
Financial Services
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Phone
*********
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Website
*********
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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
Mutual of Enumclaw
& 2 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Nevada General Insurance Company
Nevada General Insurance Company offers a comprehensive portfolio of products and services, including Program Formation, Underwriting Customization, and Claims Management. 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.
Assists in creating new insurance programs for MGAs
Tailors underwriting processes to client needs
Handles claims processing and reporting for efficiency
Funding Insights of Nevada General Insurance Company
| 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 Nevada General Insurance Company
Nevada General Insurance Company has secured backing from 3 investors. Prominent investors backing the company include Mutual of Enumclaw, Southlake Financial Holdings and Western National Insurance 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.
| Investor | Description | Founded Year | Domain | Location |
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Offers insurance services, reinsurance support, and partnership to managing general agents.
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Offers personal and commercial insurance coverage with claims and policy services.
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Personalized home, auto, and farm insurance policies are provided.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Nevada General Insurance Company
| 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 - Nevada General Insurance Company
| 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 |
Nevada General Insurance Company Comparisons
Competitors of Nevada General Insurance Company
Nevada General Insurance Company 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 Hagerty, HDVI, Cover Whale, Falcon Insurance Group and Aanika, 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 |
Automotive insurance solutions are provided to vehicle users.
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| domain | founded_year | HQ Location |
Telematics-based data & monitoring solutions for auto insurers and fleet owners
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| domain | founded_year | HQ Location |
Commercial truck insurance is provided for wholesale and retail sectors.
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| domain | founded_year | HQ Location |
Auto insurance coverage is offered nationwide by Falcon Insurance Group.
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| domain | founded_year | HQ Location |
Traceability solutions for agricultural products are provided using microbial-based tags.
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| domain | founded_year | HQ Location |
Serves as a transportation insurance carrier for reliable coverage solutions.
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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 Nevada General Insurance Company
Frequently Asked Questions about Nevada General Insurance Company
When was Nevada General Insurance Company founded?
Nevada General Insurance Company was founded in 1994.
Where is Nevada General Insurance Company located?
Nevada General Insurance Company is headquartered in Las Vegas, United States. It is registered at Las Vegas, Nevada, United States.
What does Nevada General Insurance Company do?
Nevada General Insurance Company was founded in 1994 and is headquartered in Las Vegas, United States. Operations are focused on the insurance sector, where coverage for automobiles and motorcycles is offered to clients primarily in Nevada. Policies are underwritten and managed through standard procedures, with services delivered via the domain nvgeneral.com. The company maintains a regional presence in the U.S. property and casualty insurance market.
Who are the top competitors of Nevada General Insurance Company?
Nevada General Insurance Company's top competitors include Hagerty, HDVI and Cover Whale.
What products or services does Nevada General Insurance Company offer?
Nevada General Insurance Company offers Program Formation, Underwriting Customization, and Claims Management.
Who are Nevada General Insurance Company's investors?
Nevada General Insurance Company has 3 investors. Key investors include Mutual of Enumclaw, Southlake Financial Holdings, and Western National Insurance Group.