About Pacific Specialty
Pacific Specialty is a company based in Palo Alto (United States) founded in 1989 by Jack McGraw was acquired by BIGLARI HOLDINGS in May 2017.. Pacific Specialty offers products and services including Homeowners Insurance, Renters Insurance, Condo Insurance, Mobile Home Insurance, and Landlord Insurance. Pacific Specialty operates in a competitive market with competitors including State Farm, HUB International, Assurant, Prudential and Voya Financial, among others.
- Headquarter Palo Alto, United States
- Founders Jack McGraw
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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 Mcgraw Insurance Services, L.P.
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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
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Acquired by
BIGLARI HOLDINGS
(May 25, 2017)
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Products & Services of Pacific Specialty
Pacific Specialty offers a comprehensive portfolio of products and services, including Homeowners Insurance, Renters Insurance, Condo Insurance, Mobile Home Insurance, and Landlord 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.
Protects single-family residences from various perils.
Safeguards personal assets for tenants.
Covers residences in community associations.
Provides coverage for factory-built houses.
Ensures protection for rental properties.
Offers financial stability against earthquake damage.
Protects properties from flood-related damages.
Secures motorcycles for safe road use.
Covers off-road vehicles for adventures.
Adds extra protection to existing coverage.
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Sales and Marketing
7 people
Product Management Team
4 people
Software Development Team
3 people
Finance and Accounting
3 people
Leadership Team
2 people
Operations Team
1 people
Business Team
1 people
Legal and Compliance
1 people
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Funding Insights of Pacific Specialty
| 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 Pacific Specialty
Pacific Specialty has secured backing from 1 investor. Prominent investors backing the company include BIGLARI HOLDINGS. 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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American holdings company engaged in food and media sectors.
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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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Investments & Acquisitions by Pacific Specialty
| 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 - Pacific Specialty
| 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 |
Pacific Specialty Comparisons
Competitors of Pacific Specialty
Pacific Specialty 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 State Farm, HUB International, Assurant, Prudential and Voya Financial, 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 |
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| domain | founded_year | HQ Location |
Insurance and financial services are provided to individuals and businesses.
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Investment advisory, insurance distribution, and risk management services are provided.
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Homeowner, rental, vehicle, flood, and travel insurance services are provided.
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Life, health, and financial insurance services are provided globally.
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Provider of pension fund for the employees based out of the US
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Life insurance and diversified asset management services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Pacific Specialty
Frequently Asked Questions about Pacific Specialty
When was Pacific Specialty founded?
Pacific Specialty was founded in 1989.
Where is Pacific Specialty located?
Pacific Specialty is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of Pacific Specialty?
Jack McGraw is the current CEO of Pacific Specialty. They have also founded this company.
What does Pacific Specialty do?
Pacific Specialty was founded in 1989 and is headquartered in Palo Alto, United States. Operations are focused on the insurance industry, where a range of diversified services is offered to clients. Coverage includes specialty lines tailored to specific needs, with activities conducted primarily within the domestic market. Leadership is provided by key executives including the founder and current CEO.
Who are the top competitors of Pacific Specialty?
Pacific Specialty's top competitors include HUB International, Kemper and Assurant.
What products or services does Pacific Specialty offer?
Pacific Specialty offers Homeowners Insurance, Renters Insurance, Condo Insurance, Mobile Home Insurance, and 6 more products and services.
Who are Pacific Specialty's investors?
Pacific Specialty has 1 investor. Key investors include BIGLARI HOLDINGS.