About Pure Insurance
Pure Insurance is a company based in White Plains (United States) founded in 2006 was acquired by Tokio Marine Holdings in October 2019.. Pure Insurance operates in a competitive market with competitors including Acuity, Wawanesa Insurance, Brotherhood Mutual, Western National Insurance Group and Ohio Mutual Insurance Group, among others.
- Headquarter White Plains, 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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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
Tokio Marine Holdings
(Oct 03, 2019)
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Funding Insights of Pure Insurance
| 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 Pure Insurance
Pure Insurance has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Tokio Marine 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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Provider of non-life insurance services
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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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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 Pure Insurance
| 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 - Pure Insurance
| 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 |
Pure Insurance Comparisons
Competitors of Pure Insurance
Pure Insurance 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 Acuity, Wawanesa Insurance, Brotherhood Mutual, Western National Insurance Group and Ohio Mutual Insurance 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 |
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| domain | founded_year | HQ Location |
Property and casualty insurance is offered by this mutual company.
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| domain | founded_year | HQ Location |
Mutual property and casualty insurance is provided to policyholders.
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| domain | founded_year | HQ Location |
Mutual P&C insurance carrier
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| domain | founded_year | HQ Location |
Offers personal and commercial insurance coverage with claims and policy services.
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Provides auto, homeowner, farm, and commercial insurance via independent agents.
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| domain | founded_year | HQ Location |
Provides property and casualty insurance products to policyholders and agents.
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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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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 Pure Insurance
Frequently Asked Questions about Pure Insurance
When was Pure Insurance founded?
Pure Insurance was founded in 2006.
Where is Pure Insurance located?
Pure Insurance is headquartered in White Plains, United States. It is registered at White Plains, New York, United States.
What does Pure Insurance do?
PURE was established in 2006 as a mutual insurance carrier in White Plains, United States. Property and casualty coverage is offered to policyholders through a member-owned structure. Operations are centered on underwriting risks in personal and commercial lines, with services including home, auto, and liability protection. The company maintains a focus on the U.S. market, serving clients across multiple states.
Who are the top competitors of Pure Insurance?
Pure Insurance's top competitors include Acuity, Wawanesa Insurance and Brotherhood Mutual.
Who are Pure Insurance's investors?
Pure Insurance has 1 investor. Key investors include Tokio Marine Holdings.