About PSC Insurance Group
PSC Insurance Group is a company based in Melbourne (Australia) founded in 1979 was acquired by Envest in May 2024.. PSC Insurance Group has completed 3 acquisitions, including Charter-Union Insurance Brokers, Paragon Insurance Holdings and Paragon International Insurance Brokers. PSC Insurance Group offers products and services including Insurance Broking and Underwriting Agencies.
- Headquarter Melbourne, Australia
- Stage Public
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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 The Envest Group Pty Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$43.07 M (USD), Post-IPO
Oct 01, 2017
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Charter-Union Insurance Brokers
& 2 more
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Acquired by
Envest
(May 09, 2024)
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IPO & Listings of PSC Insurance Group
PSC Insurance Group is a publicly listed company on the ASX with ticker symbol PSC in Australia, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of PSC Insurance Group
PSC Insurance Group offers a comprehensive portfolio of products and services, including Insurance Broking and Underwriting Agencies. 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.
Insurance broking services are provided to support brokers and authorized representatives in thriving within the industry.
Underwriting services are offered to address the unique needs of customers through growing agencies.
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Funding Insights of PSC Insurance Group
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $43.1M
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First Round
First Round
(01 Oct 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2017 | Amount | Post-IPO - PSC Insurance Group | Valuation |
investors |
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| 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 PSC Insurance Group
PSC Insurance Group has secured backing from 1 investor. Prominent investors backing the company include Envest. 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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Envest is recognized as a leading insurance and financial services distribution group 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 PSC Insurance Group
PSC Insurance Group has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Charter-Union Insurance Brokers, Paragon Insurance Holdings and Paragon International Insurance Brokers. 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 brokerage and risk management services are offered.
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2022 | ||||
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Diversified insurance services are provided through various carriers.
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2014 | ||||
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Insurance, risk, and claims services are provided by Paragon.
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1996 |
| 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 - PSC Insurance Group
| 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 |
Psc Insurance Group Comparisons
Competitors of PSC Insurance Group
| 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 PSC Insurance Group
When was PSC Insurance Group founded?
PSC Insurance Group was founded in 1979 and raised its 1st funding round 38 years after it was founded.
Where is PSC Insurance Group located?
PSC Insurance Group is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
What does PSC Insurance Group do?
PSC Insurance Group was founded in 1979 and is headquartered in Melbourne, Australia. Operations are centered on the insurance sector, where brokerage services for commercial clients are facilitated. Coverage is arranged for business risks including property, liability, and professional indemnity. The firm serves Australian markets through a network of offices, focusing on tailored policy placements without direct underwriting. Domain activity supports client interactions via pscinsurancegroup.com.au.
What products or services does PSC Insurance Group offer?
PSC Insurance Group offers Insurance Broking and Underwriting Agencies.
Is PSC Insurance Group publicly traded?
Yes, PSC Insurance Group is publicly traded on ASX under the ticker symbol PSC.
How many acquisitions has PSC Insurance Group made?
PSC Insurance Group has made 3 acquisitions, including Charter-Union Insurance Brokers, Paragon Insurance Holdings, and Paragon International Insurance Brokers.
Who are PSC Insurance Group's investors?
PSC Insurance Group has 1 investor. Key investors include Envest.
What is PSC Insurance Group's ticker symbol?
The ticker symbol of PSC Insurance Group is PSC on ASX.