XS Direct Revenue and Competitors

Dublin, IE

Location

N/A

Total Funding

Insurance

Industry

Estimated Revenue & Valuation

  • XS Direct's estimated annual revenue is currently $5.5M per year.(i)
  • XS Direct's estimated revenue per employee is $176,000

Employee Data

  • XS Direct has 31 Employees.(i)
  • XS Direct grew their employee count by -59% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$5.8M33-35%N/AN/A
#2
$56.1M232N/AN/AN/A
#3
$30.4M1387%N/AN/A
#4
$26M1185%N/AN/A
#5
$5.5M31-59%N/AN/A
#6
$22.9M1043%N/AN/A
#7
$36.1M1496%N/AN/A
#8
$27.7M1264%N/AN/A
#9
$45.7M1897%N/AN/A
#10
$95.7M34827%N/AN/A
Add Company

What Is XS Direct?

XS Direct Insurance Brokers Limited is a young company with an innovative vision; to provide drivers with cheaper car insurance, in exchange for sharing the risk of a claim. We are a company with a roadmap — to trust drivers to drive safely and reward them with lower car insurance premiums as a result. Unlike other insurers, we are open and give drivers a fair deal. Drivers with no bonus are normally charged a high premium for their car insurance and forced to try and build up their no claims bonus. The only way to lower premiums is by paying for it? We think that's wrong. Also, when someone makes a claim, not only do they lose their no claims bonus, they also end up paying for the privilege anyway, in higher premiums afterward. That can't be right either. We offer lower premiums to drivers in return for sharing the risk of an accident. By paying a lower premium and having a higher excess, our drivers save, and their car insurance premium is guaranteed. We are registered to undertake insurance mediation under the European Communities (Insurance Mediation) Regulations, 2005. XS Direct Insurance Brokers Limited is regulated and authorised by the Central Bank of Ireland. Our policies are issued by International Insurance Company of Hannover Ltd., which is authorised by the Financial Services Authority in the United Kingdom to conduct non-life insurance business in Ireland. Car Insurance

keywords:N/A

N/A

Total Funding

31

Number of Employees

$5.5M

Revenue (est)

-59%

Employee Growth %

N/A

Valuation

N/A

Accelerator

XS Direct News

2022-04-20 - Huawei Mate Xs 2 announced with SD888 4G and stylus support, MatePad SE tags along - GSMArena.com news

Huawei believes there's a market for outer folding phones and its newly announced Mate Xs 2 is its latest attempt. A direct successor to...

2022-04-17 - Jay Bourke plans to 'bounce back' after being declared ...

... being repaid from a return on an investment in insurance brokerage XS Direct, which he expected to be floated on the stock market.

2022-03-30 - Move to write off bulk of Jay Bourke's €13.7m debts withdrawn

Hopes of a windfall payout of €570,000-€750,000 from a flotation of XS Direct were dashed when the brokerage entered receivership in...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$6.7M3124%N/A
#2
$6.3M3119%N/A
#3
$3.6M31-3%N/A
#4
$6M3111%N/A
#5
$3.6M313%N/A