Plymouth Rock Assurance

Boston, United States Founded: 1982 • Age: 44 yrs Acquired By Plymouth Rock
Auto home insurance company
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About Plymouth Rock Assurance

Plymouth Rock Assurance is a company based in Boston (United States) founded in 1982 by James Stone was acquired by Plymouth Rock in June 2018.. Plymouth Rock Assurance has completed 3 acquisitions, including 21st Century, MAPFRE Insurance and Rider Insurance. Plymouth Rock Assurance offers products and services including Auto Insurance, Home Insurance, Renters Insurance, and Condo Insurance. Plymouth Rock Assurance operates in a competitive market with competitors including National General Insurance, AmTrust Financial, The Hanover Insurance Group, The Hartford and Ambac Financial Group, among others.

  • Headquarter Boston, United States
  • Founders James Stone
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → Insurance & Risk Management
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Plymouth Rock

    (Jun 21, 2018)

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Products & Services of Plymouth Rock Assurance

Plymouth Rock Assurance offers a comprehensive portfolio of products and services, including Auto Insurance, Home Insurance, Renters Insurance, and Condo 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.

Primary

Covers personal vehicles and related risks

Protects homes and belongings from damages

Offers coverage for renters' possessions and liability

Provides protection for condominium units and contents

People of Plymouth Rock Assurance
Headcount 1000-5000
Employee Profiles 159
Board Members and Advisors 7
Employee Profiles
People
James M. Stone
Founder, Chairman & CEO
People
Doug Martin
Senior Marketing Analytics Manager
People
Brooke Bass
Chief Operating Officer
People
Jeffrey Wong
Marketing Data Analyst

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Board Members and Advisors
people
Hal R. Belodoff
Director

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Funding Insights of Plymouth Rock Assurance

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Plymouth Rock Assurance

Plymouth Rock Assurance has secured backing from 1 investor. Prominent investors backing the company include Plymouth Rock. 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.

All
Investor Description Founded Year Domain Location
Provider of AI-based radar imaging and signal processing based threat detection solution
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Plymouth Rock Assurance

Plymouth Rock Assurance has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include 21st Century, MAPFRE Insurance and Rider Insurance. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Diversified property and casualty insurance is provided nationwide.
1994
Insurance for motorcycles, scooters, bikes, and riders is provided.
1971
Diversified insurance services are provided by Mapfre globally.
1935
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Plymouth Rock Assurance

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Plymouth Rock Assurance Comparisons

Employees
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Competitors of Plymouth Rock Assurance

Plymouth Rock Assurance 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 National General Insurance, AmTrust Financial, The Hanover Insurance Group, The Hartford and Ambac Financial Group, 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
Property and casualty insurance is provided by National General Insurance.
domain founded_year HQ Location
Property and casualty insurance company
domain founded_year HQ Location
Insurance brokerage services are provided to various clients.
domain founded_year HQ Location
Insurance, benefits, and mutual funds are provided in financial services.
domain founded_year HQ Location
Diversified investment management services are provided to institutional clients.
domain founded_year HQ Location
Property & casualty insurance company
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Plymouth Rock Assurance

Frequently Asked Questions about Plymouth Rock Assurance

When was Plymouth Rock Assurance founded?

Plymouth Rock Assurance was founded in 1982.

Where is Plymouth Rock Assurance located?

Plymouth Rock Assurance is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Who is the current CEO of Plymouth Rock Assurance?

James Stone is the current CEO of Plymouth Rock Assurance. They have also founded this company.

What does Plymouth Rock Assurance do?

Plymouth Rock Assurance was established in 1982 in Boston, United States, with James Stone serving as founder and CEO. Operations are focused on the insurance sector, where auto and home coverage policies are issued to customers. Services include standard property and casualty insurance tailored for personal vehicles and residences. The company maintains its headquarters in Boston and extends coverage across multiple states in the Northeast region.

Who are the top competitors of Plymouth Rock Assurance?

Plymouth Rock Assurance's top competitors include National General Insurance, AmTrust Financial and First American.

What products or services does Plymouth Rock Assurance offer?

Plymouth Rock Assurance offers Auto Insurance, Home Insurance, Renters Insurance, and Condo Insurance.

How many acquisitions has Plymouth Rock Assurance made?

Plymouth Rock Assurance has made 3 acquisitions, including 21st Century, MAPFRE Insurance, and Rider Insurance.

Who are Plymouth Rock Assurance's investors?

Plymouth Rock Assurance has 1 investor. Key investors include Plymouth Rock.

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