About VÍS
VÍS is a company based in Reykjavik (Iceland) founded in 1997. It operates as a Subscription Services. VÍS has completed 1 acquisition, including Islensk Verðbréf. VÍS offers products and services including Vehicle Insurance, Family and Home Insurance, Life and Health Insurance, Travel Insurance, and Pet Insurance. VÍS operates in a competitive market with competitors including RAC, Discovery, Blue KC, Prudential and Beazley, among others.
- Headquarter Reykjavik, Iceland
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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 Vís Tryggingar Hf.
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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
Employee Count
- Investments & Acquisitions
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Products & Services of VÍS
VÍS offers a comprehensive portfolio of products and services, including Vehicle Insurance, Family and Home Insurance, Life and Health Insurance, Travel Insurance, and Pet Insurance. 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.
Coverage for damages from accidents is provided here.
Protection for family and property is offered comprehensively.
Financial security for health issues is ensured here.
Protection during travel for various purposes is provided.
Coverage for pets like dogs is made available.
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Funding Insights of VÍS
| 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 VÍS
VÍS has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Islensk Verðbréf. 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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Investment management and securities services are offered in Iceland.
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1987 |
| 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 - VÍS
| 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 |
Vís Comparisons
Competitors of VÍS
VÍS 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 RAC, Discovery, Blue KC, Prudential and Beazley, 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 |
Vehicle parts and accessories are sold via an online platform.
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Diversified insurance and financial services are offered globally.
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Provides health insurance plans for individuals, families, employers, and Medicare recipients.
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| domain | founded_year | HQ Location |
Financial services for pensions and investments are provided by Prudential.
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| domain | founded_year | HQ Location |
Specialist insurance and reinsurance are underwritten for clients worldwide.
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| domain | founded_year | HQ Location |
Car, home, and business insurance services are provided.
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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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On-demand services are booked through an app-based platform.
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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 Vís
Frequently Asked Questions about VÍS
When was VÍS founded?
VÍS was founded in 1997.
Where is VÍS located?
VÍS is headquartered in Reykjavik, Iceland.
Who is the current CEO of VÍS?
Helgi Bjarnason is the current CEO of VÍS.
What does VÍS do?
Insurance solutions are offered by VÍS to both individuals and businesses in Iceland. Coverage is provided for vehicles, family and home, life and health, travel, and pets. Specialized insurance for corporate needs is also included, addressing property, liability, and operational interruptions. The focus is placed on financial security and risk management across personal and professional sectors. Digital tools and customer support are integrated to enhance service delivery and claims processing.
What products or services does VÍS offer?
VÍS offers Vehicle Insurance, Family and Home Insurance, Life and Health Insurance, Travel Insurance, and Pet Insurance.
How many acquisitions has VÍS made?
VÍS has made 1 acquisition, including Islensk Verðbréf.
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