Premia

London, United Kingdom Founded: 2017 • Age: 9 yrs
Diversified insurance services are provided by Premia in various sectors.
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About Premia

Premia is a company based in London (United Kingdom) founded in 2017. It operates as a Professional Services, and Brokerage / Intermediation. The company has 1 employees as of October 31, 2021. Premia has completed 2 acquisitions, including Armour Group and Navigators. Premia offers products and services including Reinsurance Run-Off Solutions, Capital Release Support, and Regulatory Compliance Assistance. Premia operates in a competitive market with competitors including Aviva, RAC, Lloyd’s, Blue KC and Royal London, among others.

  • Headquarter London, United Kingdom
  • Employees 1 as on 31 Oct, 2021
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Premia Holdings Ltd.
Operational Areas
Financial Services → Insurance & Risk Management
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    1

    as on Oct 31, 2021

  • Investments & Acquisitions
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Products & Services of Premia

Premia offers a comprehensive portfolio of products and services, including Reinsurance Run-Off Solutions, Capital Release Support, and Regulatory Compliance Assistance. 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

Run-off liabilities are acquired and reinsured for finality.

Capital is released for more profitable business lines.

Regulatory requirements are addressed for organizational compliance needs.

People of Premia
Headcount 50-200
Employee Profiles 5
Employee Profiles
People
Stephen Dzury
Senior Vice President, Claims
People
Jeff Fratantaro
Executive Vice President
People
Geoffrey Meyers
Avp, Head Of Risk And Capital Bermuda
People
Brendan Pike Cfa
Manager - Risk & Capital

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Teams

Funding Insights of Premia

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

Investments & Acquisitions by Premia

Premia has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Armour Group and Navigators. 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
Insurance risk management services are provided globally by Armour Group.
2007
Specialized insurance solutions for complex risks are provided.
1974
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 - Premia

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

Premia Comparisons

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Competitors of Premia

Premia 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 Aviva, RAC, Lloyd’s, Blue KC and Royal London, 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.

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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.

Latest news on Premia

Frequently Asked Questions about Premia

When was Premia founded?

Premia was founded in 2017.

Where is Premia located?

Premia is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Who is the current CEO of Premia?

Bill O'Farrell is the current CEO of Premia.

How many employees does Premia have?

As of Oct 31, 2021, the latest employee count at Premia is 1.

What does Premia do?

Premia is engaged in the acquisition and reinsurance of run-off liabilities within the insurance sector. Solutions are provided to help organizations achieve finality by reducing exposure and managing claim volatility. Services are offered to release capital, address regulatory issues, and exit unprofitable lines. Operations are conducted across multiple regions including Bermuda, the United Kingdom, and the United States, targeting international and regional opportunities in the reinsurance market.

Who are the top competitors of Premia?

Premia's top competitors include RAC, Aviva and Lloyd’s.

What products or services does Premia offer?

Premia offers Reinsurance Run-Off Solutions, Capital Release Support, and Regulatory Compliance Assistance.

How many acquisitions has Premia made?

Premia has made 2 acquisitions, including Armour Group, and Navigators.

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