About ShoreOne Insurance
ShoreOne Insurance is a company based in Sunrise (United States) founded in 2019. It operates as a B2C. ShoreOne Insurance offers products and services including Home Insurance Policy, Flood Coverage, and Wind Coverage. ShoreOne Insurance operates in a competitive market with competitors including Velocity Risk Underwriters, Flood Risk Solutions, TriCoast Insurance and Dryco Restoration, among others.
- Headquarter Sunrise, United States
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Financial Services
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Products & Services of ShoreOne Insurance
ShoreOne Insurance offers a comprehensive portfolio of products and services, including Home Insurance Policy, Flood Coverage, and Wind Coverage. 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.
Covers coastal home damages including flood and wind in one policy.
Provides full replacement for flood-related home damages.
Insures against wind-related damages for coastal properties.
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Funding Insights of ShoreOne 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 |
Investments & Acquisitions by ShoreOne 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 - ShoreOne 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 |
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Shoreone Insurance Comparisons
Competitors of ShoreOne Insurance
ShoreOne 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 Velocity Risk Underwriters, Flood Risk Solutions, TriCoast Insurance and Dryco Restoration, 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 |
Commercial and residential property insurance against catastrophes is provided.
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Internet first provider of flood insurance services
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| domain | founded_year | HQ Location |
Earthquake, hurricane, and flood insurance services are provided.
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Provider of flood damage insurance services
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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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| 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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Latest news on Shoreone Insurance
Frequently Asked Questions about ShoreOne Insurance
When was ShoreOne Insurance founded?
ShoreOne Insurance was founded in 2019.
Where is ShoreOne Insurance located?
ShoreOne Insurance is headquartered in Sunrise, United States. It is registered at Sunrise, Florida, United States.
What does ShoreOne Insurance do?
ShoreOne Insurance specializes in comprehensive home insurance for coastal properties, covering flood, wind, and general damages without needing separate policies or elevation certificates. They streamline the process with a single agent, policy, and deductible, making claims easier for homeowners. Operating in states like Massachusetts, New Jersey, New York, and South Carolina, they use proprietary technology for accurate quotes and full replacement coverage, including temporary housing after disasters.
Who are the top competitors of ShoreOne Insurance?
ShoreOne Insurance's top competitors include Velocity Risk Underwriters, Flood Risk Solutions and TriCoast Insurance.
What products or services does ShoreOne Insurance offer?
ShoreOne Insurance offers Home Insurance Policy, Flood Coverage, and Wind Coverage.