FWD - About the company
FWD is a public company based in Hong Kong (China), founded in 2013. It operates as an Online life and health insurance platform for individuals. FWD has raised $1.82B in funding from investors like Li Ka Shing Foundation, Metro Pacific Investments and Swiss Re. The company has 84 active competitors, including 7 funded and 14 that have exited. Its top competitors include companies like MetLife, ZhongAn Insurance and Qoala.
Sectors and market segments that FWD operate in
FWD serves in the FinTech, InsurTech market segments.The primary business model of FWD are:Company Details
Online life and health insurance platform for individuals. It offers life insurance, medical insurance, general insurance, employee benefits, and more. It features an online claims platform for the policyholders. It also offers shariah and family takaful insurance.
- Website
- www.fwd.com/en/
- Social
- Email ID
- *****@fwd.com
- Phone Number
- +852 **********
Key Metrics
Founded Year
2013
Location
Hong Kong, China
Stage
Public
Total Funding
$1.82B in 3 rounds
Latest Funding Round
Investors
Ranked
2nd among 84 active competitors
Employee Count
11,021 as on Mar 31, 2026
Investment & Acquisitions
Exit Details
Public
FWD's IPO details
FWD got listed on Jul 07, 2025.
Click here to take a look at FWD's IPO in detail
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FWD's funding and investors
FWD has raised a total funding of $1.82B over 3 rounds. Its first funding round was on Dec 14, 2021. Its latest funding round was a Angel round on Dec 19, 2022 for $200M. 1 investor participated in its latest round. FWD has 11 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of FWD:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 19, 2022 | $200M | Angel | - | - | - | |
Jan 19, 2022 | $200M | PE | $9B | - | ||
Dec 14, 2021 | $1.42B | PE | - | - | - |
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FWD's founders and board of directors
Founder? Claim ProfileFWD's employee count trend
FWD has 11,021 employees as of Mar 26. Here is FWD's employee count trend over the years:
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FWD's Competitors and alternates
Top competitors of FWD include MetLife, ZhongAn Insurance and Qoala. Here is the list of Top 10 competitors of FWD, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | MetLife 1868, New York City (United States), Public | Internet first provider of life, health, auto, home, and pet insurance services | - | 73/100 | |
2nd | Online life and health insurance platform for individuals | $1.82B | 70/100 | ||
3rd |  ZhongAn Insurance 2013, Shanghai (China), Public | Online insurance platform for individuals | $942M | 67/100 | |
4th | Diversified internet first insurance platform for individuals | $134M | 57/100 | ||
5th | Online platform for P&C insurances | $108M | 56/100 | ||
6th | Provider of multiple insurance products | - | - | 54/100 | |
7th |  Generali Indonesia 2008, Jakarta (Indonesia), Unfunded | Online platform for life and non-life insurance | - | - | 47/100 |
8th | Tune Protect 2011, Kuala Lumpur (Malaysia), Public | Digital insurance platform | - | - | 46/100 |
9th | Diversified online insurance carrier | - | - | 44/100 | |
10th | App-based platform for life and non-life insurances | - | 44/100 |
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FWD's Investments and acquisitions
FWD has made 2 investments in companies including IPP Financial Advisers and HSBC Amanah. FWD has also acquired 6 companies including Gibraltar BSN and Siam City Insurance.Here is the list of investments & acquisitions:
Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Feb 20, 2023 | Acquisition | 2014 | Kuala Lumpur (Malaysia) | |
Sep 07, 2020 | Investments | 1983 | Singapore (Singapore) | |
Dec 23, 2019 | Acquisition | 1948 | Chonburi (Thailand) |
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News related to FWD
Filter this listMedia has covered FWD for a total of 17 events in the last 1 year, 5 of them have been about company updates and 1 about partnerships.
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FWD Group Delivers Record Full Year 2025 Results With Profitable GrowthNewMediaWire•Mar 16, 2026•FWD
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FWD Group Reports Strong New Business Growth, Boosts Financial StrengthNewMediaWire•Nov 03, 2025•FWD
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FWD Group Completes US$1.15 Billion Notes Issuance and Concurrent Tender OfferGlobal Legal Chronicle•Sep 30, 2025•Linklaters, FWD
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Richard Li’s FWD plans buyback of US$900 million bond via new debtThe Business Times•Sep 15, 2025•FWD
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AWS & FWD: Reinventing the Future of Digital InsuranceFintechmagazine•Sep 15, 2025•Amazon Web Services, FWD
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FAQs about FWD
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