About Paragon Insurance Holdings
Paragon Insurance Holdings is a company based in Avon (United States) founded in 2014 was acquired by PSC Insurance Group in July 2019.. Paragon Insurance Holdings has completed 3 acquisitions, including Argo Group, New Energy Risk and Reel Media. Paragon Insurance Holdings offers products and services including Golf Course & Country Club Program, North American Timber Program, Party & Equipment Rental Program, Precision Manufacturing Program, and WineRe™ Winery Insurance Program. Paragon Insurance Holdings operates in a competitive market with competitors including State Farm, HUB International, Assurant, Prudential and Voya Financial, among others.
- Headquarter Avon, United States
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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 Paragon Insurance Holdings 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
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Investors
EPIC Brokers
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
Argo Group
& 2 more
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Acquired by
PSC Insurance Group
(Jul 25, 2019)
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Products & Services of Paragon Insurance Holdings
Paragon Insurance Holdings offers a comprehensive portfolio of products and services, including Golf Course & Country Club Program, North American Timber Program, Party & Equipment Rental Program, Precision Manufacturing Program, and WineRe™ Winery Insurance Program. 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.
Specialized insurance for golf and country club operations
Coverage for timber industry risks and operations
Insurance for event and equipment rental businesses
Risk solutions for manufacturing and production sectors
Tailored insurance for wineries and related activities
Multi-state workers' compensation coverage services
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Funding Insights of Paragon Insurance Holdings
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2018 | Amount | Series A - Paragon Insurance Holdings | Valuation |
investors |
| 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 |
Investors in Paragon Insurance Holdings
Paragon Insurance Holdings has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include EPIC Brokers, PSC Insurance Group and Oak Hill. 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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Mid market focused private equity firm
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Founded Year | Domain | Location | |
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Insurance brokerage and consulting services are provided to clients.
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Founded Year | Domain | Location | |
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Commercial insurance brokerage services are provided in Australia.
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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 Paragon Insurance Holdings
Paragon Insurance Holdings has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Argo Group, New Energy Risk and Reel Media. 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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Insurance services for entertainment, television, sports, and motorsports are provided.
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2014 | ||||
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Performance insurance is provided for clean energy technologies.
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2010 | ||||
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Insurance underwriting and risk management solutions are provided globally.
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1948 |
| 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 - Paragon Insurance Holdings
| 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 |
Paragon Insurance Holdings Comparisons
Competitors of Paragon Insurance Holdings
Paragon Insurance Holdings 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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| domain | founded_year | HQ Location |
Investment advisory, insurance distribution, and risk management services are provided.
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| domain | founded_year | HQ Location |
Homeowner, rental, vehicle, flood, and travel insurance services are provided.
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| domain | founded_year | HQ Location |
Life, health, and financial insurance services are provided globally.
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| domain | founded_year | HQ Location |
Provider of pension fund for the employees based out of the US
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| domain | founded_year | HQ Location |
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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| 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 Paragon Insurance Holdings
Frequently Asked Questions about Paragon Insurance Holdings
When was Paragon Insurance Holdings founded?
Paragon Insurance Holdings was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Where is Paragon Insurance Holdings located?
Paragon Insurance Holdings is headquartered in Avon, United States.
What does Paragon Insurance Holdings do?
Paragon Insurance Holdings was founded in 2014 and is based in Avon, United States. Operations are conducted as a holding company within the insurance sector. A range of insurance products is managed across multiple subsidiaries, covering diverse risk areas. Services are extended to clients throughout the United States, emphasizing structured coverage options in a competitive market.
Who are the top competitors of Paragon Insurance Holdings?
Paragon Insurance Holdings's top competitors include HUB International, Unum and Assurant.
What products or services does Paragon Insurance Holdings offer?
Paragon Insurance Holdings offers Golf Course & Country Club Program, North American Timber Program, Party & Equipment Rental Program, Precision Manufacturing Program, and 2 more products and services.
How many acquisitions has Paragon Insurance Holdings made?
Paragon Insurance Holdings has made 3 acquisitions, including Argo Group, New Energy Risk, and Reel Media.
Who are Paragon Insurance Holdings's investors?
Paragon Insurance Holdings has 3 investors. Key investors include EPIC Brokers, PSC Insurance Group, and Oak Hill.