About SPB UK
SPB UK is a company based in Portsmouth (United Kingdom) founded in 1965. It operates as a B2B. The company has 77 employees as of December 31, 2021. SPB UK has completed 3 acquisitions, including Better Buy Insurance, Loyal Insurance and Square Pound. SPB UK offers products and services including Insurance Solutions, White Label Solutions, Policy and Claims Admin, and Repairs and Replacements. SPB UK operates in a competitive market with competitors including SquareTrade, Raylo, loveit coverit, Better Buy Insurance and Gadget Cover, among others.
- Headquarter Portsmouth, United Kingdom
- Employees 77 as on 31 Dec, 2021
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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 Spb Uk & Ireland Ltd
- Date of Incorporation 10 Sep, 2009
- Jurisdiction PORTSMOUTH, HAMPSHIRE, ENGLAND
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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
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Employee Count
77
as on Dec 31, 2021
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Investments & Acquisitions
Better Buy Insurance
& 2 more
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Products & Services of SPB UK
SPB UK offers a comprehensive portfolio of products and services, including Insurance Solutions, White Label Solutions, Policy and Claims Admin, and Repairs and Replacements. 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.
Provides tailored insurance for business needs
Offers custom insurance products for partners
Manages insurance policies and claims processes
Handles gadget repairs and replacements
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Operations Team
2 people
Legal and Compliance
1 people
Leadership Team
1 people
Finance and Accounting
1 people
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Funding Insights of SPB UK
| 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 |
Investments & Acquisitions by SPB UK
SPB UK has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Better Buy Insurance, Loyal Insurance and Square Pound. 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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Business insurance services are provided to enterprises by Square Pound.
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2011 | ||||
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Life and business insurance services are provided by Loyal Insurance.
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2005 | ||||
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Mobile phone insurance is offered online for individuals and businesses.
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1990 |
| 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 - SPB UK
| 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 |
Spb Uk Comparisons
Competitors of SPB UK
SPB UK 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 SquareTrade, Raylo, loveit coverit, Better Buy Insurance and Gadget Cover, 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 |
Independent warranties for consumer electronics and appliances are provided.
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| domain | founded_year | HQ Location |
Wireless telecommunication services are delivered across the United Kingdom.
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| domain | founded_year | HQ Location |
Provides insurance for mobile devices, gadgets, and travel protection services.
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| domain | founded_year | HQ Location |
Mobile phone insurance is offered online for individuals and businesses.
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| domain | founded_year | HQ Location |
Offered insurance services for gadgets and mobile phones, now closed.
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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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Frequently Asked Questions about SPB UK
When was SPB UK founded?
SPB UK was founded in 1965.
Where is SPB UK located?
SPB UK is headquartered in Portsmouth, United Kingdom.
How many employees does SPB UK have?
As of Dec 31, 2021, the latest employee count at SPB UK is 77.
What does SPB UK do?
SPB UK Ireland specializes in delivering affinity insurance solutions that integrate with business operations, including packaged products and gadget insurance. They provide end-to-end services like policy administration, claims handling, and repairs, tailored to sectors such as education, financial services, retail, MedTech, and telecoms. Based in the UK, they work with partners to enhance customer experiences through innovative, compliant offerings that prioritize satisfaction and regulatory adherence.
Who are the top competitors of SPB UK?
SPB UK's top competitors include SquareTrade, Raylo and Better Buy Insurance.
What products or services does SPB UK offer?
SPB UK offers Insurance Solutions, White Label Solutions, Policy and Claims Admin, and Repairs and Replacements.
How many acquisitions has SPB UK made?
SPB UK has made 3 acquisitions, including Better Buy Insurance, Loyal Insurance, and Square Pound.