About Shield Commercial Insurance Services
Shield Commercial Insurance Services is a company based in Palm Desert (United States) founded in 2004 was acquired by NSM Insurance Group in July 2023. It operates as a Brokerage / Intermediation. Shield Commercial Insurance Services offers products and services including General Liability Insurance, Excess Liability Insurance, Workers' Compensation Insurance, Inland Marine Insurance, and CPPL Insurance. Shield Commercial Insurance Services operates in a competitive market with competitors including State Farm, HUB International, Prudential, Assurant and Voya Financial, among others.
- Headquarter Palm Desert, 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 Shield Commercial Insurance Services, Inc.
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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
NSM Insurance Group
(Jul 10, 2023)
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Products & Services of Shield Commercial Insurance Services
Shield Commercial Insurance Services offers a comprehensive portfolio of products and services, including General Liability Insurance, Excess Liability Insurance, Workers' Compensation Insurance, Inland Marine Insurance, and CPPL 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.
Coverage is provided for general liability protection needs.
Extra coverage is offered for additional liability protection.
Protection is ensured for employees through compensation coverage.
Tools and equipment are protected on job sites.
Environmental liabilities are covered under this specific policy.
Funding Insights of Shield Commercial Insurance Services
| 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 Shield Commercial Insurance Services
Shield Commercial Insurance Services has secured backing from 1 investor. Prominent investors backing the company include NSM Insurance Group. 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 insurance brokerage services
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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 Shield Commercial Insurance Services
| 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 - Shield Commercial Insurance Services
| 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 |
Shield Commercial Insurance Services Comparisons
Competitors of Shield Commercial Insurance Services
Shield Commercial Insurance Services 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, Prudential, Assurant 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 |
Life, health, and financial insurance services are provided globally.
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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 |
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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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 Shield Commercial Insurance Services
Frequently Asked Questions about Shield Commercial Insurance Services
When was Shield Commercial Insurance Services founded?
Shield Commercial Insurance Services was founded in 2004.
Where is Shield Commercial Insurance Services located?
Shield Commercial Insurance Services is headquartered in Palm Desert, United States. It is registered at Palm Desert, California, United States.
What does Shield Commercial Insurance Services do?
Shield Commercial Insurance Services is engaged in providing a range of commercial insurance products, including General Liability, Excess Liability, Workers Compensation, Inland Marine, and CPPL coverage for environmental liabilities. The company operates in multiple states across the USA, focusing on contractor insurance solutions with value pricing and excellent customer service. Policies are distributed through an exclusive registered producers program, ensuring wide coverage options for various industries such as roofing and plumbing. Partnerships with A-rated carriers like Nationwide enhance their offerings.
Who are the top competitors of Shield Commercial Insurance Services?
Shield Commercial Insurance Services's top competitors include HUB International, Kemper and Assurant.
What products or services does Shield Commercial Insurance Services offer?
Shield Commercial Insurance Services offers General Liability Insurance, Excess Liability Insurance, Workers' Compensation Insurance, Inland Marine Insurance, and CPPL Insurance.
Who are Shield Commercial Insurance Services's investors?
Shield Commercial Insurance Services has 1 investor. Key investors include NSM Insurance Group.