About Orbit Protect
Orbit Protect is a company based in Christchurch (New Zealand) founded in 2004 was acquired by nib in November 2022.. Orbit Protect offers products and services including International Student Insurance, Working Holiday Insurance, Experience NZ Insurance, and RSE Protect and Seasonal Worker Insurance.
- Headquarter Christchurch, New Zealand
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Orbitprotect Limited
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Products & Services of Orbit Protect
Orbit Protect offers a comprehensive portfolio of products and services, including International Student Insurance, Working Holiday Insurance, Experience NZ Insurance, and RSE Protect and Seasonal Worker Insurance. 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.
Covers international students for medical and travel risks in New Zealand
Protects working holiday visa holders during their stay
Offers coverage for tourists and short-term visitors in New Zealand
Provides insurance for seasonal workers and employers in New Zealand
Funding Insights of Orbit Protect
| 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 Orbit Protect
Orbit Protect has secured backing from 1 investor. Prominent investors backing the company include nib. 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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Health and life insurance services are provided by nib.
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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 Orbit Protect
| 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 - Orbit Protect
| 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 |
Orbit Protect Comparisons
Competitors of Orbit Protect
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Orbit Protect
When was Orbit Protect founded?
Orbit Protect was founded in 2004.
Where is Orbit Protect located?
Orbit Protect is headquartered in Christchurch, New Zealand.
What does Orbit Protect do?
Orbit Protect was founded in 2004 in Christchurch, New Zealand, as a provider in the insurance sector. Customized travel insurance packages are offered for students, seasonal workers, and working holiday travelers, including combined travel and medical policies. Claims management solutions are also handled to support policyholders. Operations focus on tailored coverage options within the travel insurance domain.
What products or services does Orbit Protect offer?
Orbit Protect offers International Student Insurance, Working Holiday Insurance, Experience NZ Insurance, and RSE Protect and Seasonal Worker Insurance.
Who are Orbit Protect's investors?
Orbit Protect has 1 investor. Key investors include nib.