About Sumitomo Life Insurance Company
Sumitomo Life Insurance Company is a company based in Osaka (Japan) founded in 1907 was acquired by Marsh in March 2015.. Sumitomo Life Insurance Company has completed 3 acquisitions, including Aviva, PREVENT and Singlife. Sumitomo Life Insurance Company operates in a competitive market with competitors including Nippon Life Insurance, Meiji Yasuda Life Insurance Company, Rakuten Life, SOMPO Himawari Life Insurance and Sony Life, among others.
- Headquarter Osaka, Japan
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Sectors
Financial Services
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Phone
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Website
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Social
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Funding Insights of Sumitomo Life Insurance Company
| 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 |
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Investors in Sumitomo Life Insurance Company
Sumitomo Life Insurance Company has secured backing from 1 investor. Prominent investors backing the company include Marsh. 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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Marsh is recognized as a global leader in insurance broking and risk management.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Sumitomo Life Insurance Company
Sumitomo Life Insurance Company has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Aviva, PREVENT and Singlife. 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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PREVENT is focused on preventing severe lifestyle-related diseases.
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2016 | ||||
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App-based life and health insurance platform is provided.
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2014 | ||||
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Insurance services are provided to customers in Singapore by Aviva.
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2005 |
| 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 - Sumitomo Life Insurance Company
| 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 |
Sumitomo Life Insurance Company Comparisons
Competitors of Sumitomo Life Insurance Company
Sumitomo Life Insurance Company 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 Nippon Life Insurance, Meiji Yasuda Life Insurance Company, Rakuten Life, SOMPO Himawari Life Insurance and Sony Life, 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 |
Life insurance company
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| domain | founded_year | HQ Location |
Operates as a leading life insurance provider offering comprehensive coverage solutions.
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| domain | founded_year | HQ Location |
Offers life insurance services to individuals and families.
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| domain | founded_year | HQ Location |
Offers life insurance services to individuals and families.
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| domain | founded_year | HQ Location |
Operates as a dedicated life insurance provider for individuals and families.
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| Company Name | Domain | Founded year | HQ Location | Description |
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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 Sumitomo Life Insurance Company
Frequently Asked Questions about Sumitomo Life Insurance Company
When was Sumitomo Life Insurance Company founded?
Sumitomo Life Insurance Company was founded in 1907.
Where is Sumitomo Life Insurance Company located?
Sumitomo Life Insurance Company is headquartered in Osaka, Japan. It is registered at Osaka, Osaka Prefecture, Japan.
Who is the current CEO of Sumitomo Life Insurance Company?
Masahiro Hashimoto is the current CEO of Sumitomo Life Insurance Company.
What does Sumitomo Life Insurance Company do?
Sumitomo Life Insurance Company was founded in 1907 and is headquartered in Osaka, Japan. Operations are focused on the life insurance sector, where various policies and financial protection services are offered to individuals and corporations. Coverage includes term life, whole life, and supplementary benefits, with activities centered in the Japanese market. Leadership is provided by CEO and President Masahiro Hashimoto, ensuring compliance with regulatory standards in the insurance industry.
Who are the top competitors of Sumitomo Life Insurance Company?
Sumitomo Life Insurance Company's top competitors include Nippon Life Insurance, Meiji Yasuda Life Insurance Company and Rakuten Life.
How many acquisitions has Sumitomo Life Insurance Company made?
Who are Sumitomo Life Insurance Company's investors?
Sumitomo Life Insurance Company has 1 investor. Key investors include Marsh.
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