About Insurance Distribution sector in Singapore, Singapore
The Insurance Distribution sector in Singapore, Singapore comprises 54 companies, including 3 funded companies having collectively raised $14.2M in venture capital money and private equity. Out of these, 6 are Series A+ funded.
Insurance Distribution sector in Singapore, Singapore has seen 5 acquisitions. This represents almost 9.3% of all such companies - which is higher than the 5.2% exit rate of tech companies in general.
This sector includes companies which are primarily engaged in distributing insurance and reinsurance products.
Companies included in Insurance Distribution
Insurance Agencies and Brokers, Wholesale Distributors, Private Health Insurance Exchanges, and Internet-First DistributorsCompanies excluded in Insurance Distribution
Individual insurance agents and other businesses engaged in insurance distribution like Banks, Travel Agents among othersKey Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
Acquisitions
Top Insurance Distribution Companies in Singapore, Singapore
There are more than 54 companies in Insurance Distribution in Singapore, Singapore. MoneySmart Group is the top Insurance Distribution company in Singapore, Singapore, ranked using Tracxn Score (what's this?).
Here are 5 of the top Insurance Distribution companies in Singapore, Singapore:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Provider of financial comparison and advisory services | Singapore (Singapore) | 2009 | Series B | $12.4M | |
Provider of general non-life insurance products | Singapore (Singapore) | 2007 | Unfunded | - | |
Online platform for health and P&C insurances | Singapore (Singapore) | 2012 | Unfunded | - | |
Diversified insurance brokerage firm | Singapore (Singapore) | 1980 | Acquired | - | |
Provider of individual and business insurance products | Singapore (Singapore) | 1987 | Unfunded | - |
Companies founded year-on-year in the Insurance Distribution sector in Singapore
5 Insurance Distribution startups in Singapore were founded in 2016 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2025 | - |
2024 | - |
2023 | - |
2022 | - |
2021 | 1 |
2020 | 1 |
2019 | 1 |
2018 | 2 |
2017 | - |
2016 | 5 |
Stage-wise distribution of Insurance Distribution sector companies in Singapore
Out of the total 54 Insurance Distribution companies in Singapore, 3 have secured funding. Among them, 6 have reached Series A or higher, and 6 to Series B or beyond.
Founded - 54
Funded - 3
Series A+ - 6
Series B+ - 6
Series C+ - 5
Company Stage | No. of companies |
|---|---|
Founded | 54 |
Funded | 3 |
Series A+ | 6 |
Series B+ | 6 |
Series C+ | 5 |
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Funding Trends in the Insurance Distribution sector in Singapore
Recent Funding Rounds in Insurance Distribution in Singapore
In the year 2017, till June 2017, Insurance Distribution companies in Singapore have raised $10M in equity funding across 1 round.
In the same period last year (i.e. till April 2016), Insurance Distribution companies in Singapore had raised $1.79M across 1 round.
So, 2017 has seen a 459.28% rise in funding in Insurance Distribution companies in Singapore as compared to 2016.
Here are some recent, important funding rounds in Insurance Distribution companies in Singapore:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series B | 3799 | Jun 07, 2017 | and 2 more | |
Seed | 5037 | Apr 21, 2016 | ||
Series A | 9088 | Oct 06, 2015 | ||
Seed | 3163 | Jun 01, 2012 |
Top Investors in Insurance Distribution in Singapore
Ontario Teachers' Pension Plan is the top investor in Insurance Distribution companies in Singapore based on number of companies invested.
Here are some top investors in Insurance Distribution companies in Singapore:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Toronto (Canada) | - | |
Quebec City (Canada) | - | |
New York City (United States) | - | |
Washington, DC (United States) | - | |
Johannesburg (South Africa) | - |
M&A activity in Insurance Distribution sector in Singapore
In the year 2024, till January 2024, 1 acquisition happened in Insurance Distribution sector in Singapore.
Here are some recent, important acquisitions in Insurance Distribution sector in Singapore:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jan 16, 2024 | ||
Business Acquisition | May 12, 2022 | ||
Business Acquisition | Feb 16, 2022 | ||
Business Acquisition | Nov 26, 2021 | ||
Business Acquisition | 2017 |
Acquisition trends in Insurance Distribution sector in Singapore
Here are the acquisition trends in Insurance Distribution sector in Singapore:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2025 | - |
2024 | 1 |
2023 | - |
2022 | 2 |
2021 | 1 |
2020 | - |
2019 | - |
2018 | - |
2017 | 1 |
2016 | - |
Colleges which produce the most Insurance Distribution companies in Singapore
Companies founded by alumni from top colleges in the Insurance Distribution in Singapore
Most number of Insurance Distribution startups in Singapore have been founded by alumni from National University of Singapore (NUS), Harvard Business School and Harvard University.
College | No. of companies |
|---|---|
National University of Singapore (NUS) | 3 |
Harvard Business School | 1 |
Harvard University | 1 |
Stanford University | 1 |
Total funding in Insurance Distribution companies founded by alumni from top colleges in Singapore
In the last 10 years, Harvard Business School, Harvard University and National University of Singapore (NUS) graduates' Insurance Distribution companies in Singapore have raised the most funding among top colleges.
College | Total Funding |
|---|---|
Harvard Business School | $12.4M |
Harvard University | $12.4M |
National University of Singapore (NUS) | $12.4M |
Stanford University | $12.4M |
Top News in Insurance Distribution in Singapore
•
Bank al Etihad partners with MoneySmart to enhance SME founders’ financial literacyEIN Presswire•Jul 10, 2023•Bank al Etihad, MoneySmart Group
•
MoneySmart posts two profitable quarters in the thick of a pandemicTech in Asia•Jun 03, 2021•MoneySmart Group
