Triple-S

San Juan, United States Founded: 1959 • Age: 67 yrs Acquired By GuideWell
Diversified insurance company
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About Triple-S

Triple-S is a company based in San Juan (United States) founded in 1959 was acquired by GuideWell in August 2021.. Triple-S has completed 2 acquisitions, including Great American Insurance Group and Socios Mayores en Salud. Triple-S operates in a competitive market with competitors including Blue KC, Prudential, Beazley, Syndicate Re and COSVI, among others.

  • Headquarter San Juan, United States
  • Stage Public
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → Insurance & Risk Management
Key Metrics
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People of Triple-S
Headcount 1000-5000
Employee Profiles 48
Employee Profiles
People
Ilia S. Rodríguez Torres
CHRO
People
Ivelisse M. Fernández
Chief Growth And Experience Officer
People
José Del Amo
Presidente, Triple S Property
People
Carlos L. Rodríguez-Ramos
VP, Legal Affairs, Legal Counsel & Secretary

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Funding Insights of Triple-S

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2004 Amount Debt – Conventional - Triple-S Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Triple-S

Triple-S has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include GuideWell. 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.

All
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Triple-S

Triple-S has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Great American Insurance Group and Socios Mayores en Salud. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Health plans for diabetes and reform beneficiaries are offered.
2005
Diversified insurance services are delivered via internet-first methods.
1872
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Triple-S

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Triple-S Comparisons

Employees
+
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Competitors of Triple-S

Triple-S 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 Blue KC, Prudential, Beazley, Syndicate Re and COSVI, 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
domain founded_year HQ Location
Provides health insurance plans for individuals, families, employers, and Medicare recipients.
domain founded_year HQ Location
Financial services for pensions and investments are provided by Prudential.
domain founded_year HQ Location
Specialist insurance and reinsurance are underwritten for clients worldwide.
domain founded_year HQ Location
Non-life insurance and reinsurance firm
domain founded_year HQ Location
Offers life insurance products for individuals, groups, and cooperatives in Puerto Rico.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Triple-S

Frequently Asked Questions about Triple-S

When was Triple-S founded?

Triple-S was founded in 1959 and raised its 1st funding round 45 years after it was founded.

Where is Triple-S located?

Triple-S is headquartered in San Juan, United States. It is registered at San Juan, Puerto Rico, United States.

Who is the current CEO of Triple-S?

Roberto Garcia-Rodriguez is the current CEO of Triple-S.

What does Triple-S do?

Triple-S was established in 1959 and is headquartered in San Juan, Puerto Rico. Operations are focused on the insurance sector, where a range of products including health, life, and property coverage are provided. Services are extended primarily to individuals and businesses within Puerto Rico, with diversification into related financial protections. Leadership is held by Roberto Garcia-Rodriguez as President and CEO. The companys domain is grupotriples.com.

Who are the top competitors of Triple-S?

Triple-S's top competitors include Beazley, Prudential and Island Finance.

How many acquisitions has Triple-S made?

Triple-S has made 2 acquisitions, including Great American Insurance Group, and Socios Mayores en Salud.

Who are Triple-S's investors?

Triple-S has 1 investor. Key investors include GuideWell.

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