About Simply Insurance
Simply Insurance is a company based in Cape Town (South Africa) founded in 2015 by Simon Nicholson, Shaun Dippnall, and Anthony Miller. It operates as a Subscription Services. Simply Insurance offers products and services including Flexi Family Cover, Flexi Staff Cover, and Flexi Domestic Cover. Simply Insurance operates in a competitive market with competitors including Sanlam, MMI Holdings, Assupol, Nobuntu and 1Life, among others.
- Headquarter Cape Town, South Africa
- Founders Simon Nicholson, Shaun Dippnall, Anthony Miller
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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 Simply Financial Services (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
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Investors
Hollard
& 1 more
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Employee Count
Employee Count
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Products & Services of Simply Insurance
Simply Insurance offers a comprehensive portfolio of products and services, including Flexi Family Cover, Flexi Staff Cover, and Flexi Domestic Cover. 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.
Life and funeral cover for entire family is provided.
Benefits covering staff with life and disability are offered.
Comprehensive package for domestic workers is made available.
Funding Insights of Simply Insurance
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2023 | Amount | Seed - Simply Insurance | Valuation | Hollard |
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| Oct, 2018 | Amount | Seed - Simply Insurance | Valuation |
investors |
| 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 Simply Insurance
Simply Insurance has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Hollard and Yellowwood. 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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Insurance services for life, home, car, and travel are offered.
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Founded Year | Domain | Location | |
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Provides strategic marketing and growth strategies for businesses worldwide.
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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 Simply 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 - Simply 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 |
Simply Insurance Comparisons
Competitors of Simply Insurance
Simply 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 Sanlam, MMI Holdings, Assupol, Nobuntu and 1Life, 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 |
Provider of life insurance services
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| domain | founded_year | HQ Location |
Life insurance carrier
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| domain | founded_year | HQ Location |
Life insurance policies and services are provided in South Africa.
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| domain | founded_year | HQ Location |
Funeral insurance services are provided in South Africa.
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| domain | founded_year | HQ Location |
Life insurance policies are provided to clients in South Africa.
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| domain | founded_year | HQ Location |
Estate and legacy planning services are provided to clients.
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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 Simply Insurance
Frequently Asked Questions about Simply Insurance
When was Simply Insurance founded?
Simply Insurance was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Simply Insurance located?
Simply Insurance is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.
Who is the current CEO of Simply Insurance?
Anthony Miller is the current CEO of Simply Insurance. They have also founded this company.
What does Simply Insurance do?
Insurance products including life, disability, and funeral cover are offered by Simply Insurance. Services are tailored for families, domestic workers, and staff across various sectors in South Africa. Affordable and accessible policies are designed to meet diverse needs. Additional wellness benefits with telephonic counseling are included for policyholders and families. Solutions for employers to enhance staff morale and loyalty are also provided.
Who are the top competitors of Simply Insurance?
Simply Insurance's top competitors include Sanlam, MMI Holdings and Assupol.
What products or services does Simply Insurance offer?
Simply Insurance offers Flexi Family Cover, Flexi Staff Cover, and Flexi Domestic Cover.
Who are Simply Insurance's investors?
Simply Insurance has 2 investors. Key investors include Hollard, and Yellowwood.