Market
Insurtech in the United Kingdom
172 companies · 505 stories · $285.9M disclosed
Insurtech Daily tracks 172 insurance and insurtech companies headquartered in the United Kingdom — 43 insurers, 40 technology vendors and 31 brokers, across 505 stories going back to Aug 6, 2024. Between them they have disclosed $285.9M across 16 funding rounds, the largest Marshmallow's $85.8M. Every figure is compiled from the coverage on this page.
Funding
| Company | Stage | Lead investor | Source | ||
|---|---|---|---|---|---|
| Marshmallow | $85.8Mas reported: €79.4M | — | — | FintechNews CH+2 | |
| Artificial Labs | $45M | Series B | — | Dealroom | |
| INSHUR | $35M | — | — | AlleyWatch | |
| FintechOS | $28M | — | — | FinTech Global | |
| Cuvva | $19.1Mas reported: £15M | — | — | FinTech Global | |
| ClaimSorted | $12.3Mas reported: €11.4M | Seed | — | EU-Startups | |
| Laka | $9.5Mas reported: €8.8M | — | — | EU-Startups+1 | |
| Konsileo | $6.4Mas reported: €5.9M | — | — | EU-Startups+3 | |
| Loxa | $3.4Mas reported: £2.7M | Seed | — | FinTech Global | |
| Lateral | $3.2Mas reported: £2.5M | — | Augmentum | Tech Funding News | |
| Loxa | $2.1Mas reported: €1.9M | Seed | — | EU-Startups+1 | |
| Fruga | $1.3Mas reported: £1M | — | — | TheBusinessDesk.com+4 |
The 12 largest of 16 disclosed rounds. Every round is listed with its reporting in the funding tracker, and totals across all markets in the company ranking.
Companies
| Company | Type | Based | Stories | Disclosed |
|---|---|---|---|---|
| Willis Towers Watson | Broker | London | 50 | — |
| Aviva | Insurer | London | 34 | — |
| Ondo InsurTech | Technology vendor | London | 34 | — |
| Howden | Broker | London | 14 | — |
| Beazley | Insurer | London | 12 | — |
| Instanda | Technology vendor | London | 11 | — |
| CFC | MGA | London | 10 | — |
| Diesta | Insurtech | London | 9 | $3.8M |
| Canopius | Insurer | London | 9 | — |
| Marshmallow | Insurtech | London | 8 | $85.8M |
| Fruga | Insurtech | — | 7 | $1.3M |
| Admiral | Insurer | Cardiff | 7 | — |
| hyperexponential | Technology vendor | London | 7 | — |
| Lloyds | Insurer | London | 7 | — |
| Wrisk | Insurtech | London | 7 | — |
| ANV | MGA | London | 6 | — |
| Cytora | Insurtech | London | 6 | — |
| McGill and Partners | Broker | London | 6 | — |
| Uinsure | Insurtech | Bristol | 6 | — |
| VIPR | Technology vendor | — | 6 | — |
| Konsileo | Insurtech | — | 5 | $6.4M |
| AmTrust International | Insurer | London | 5 | — |
| Ardonagh | Broker | London | 5 | — |
| AXA XL | Insurer | London | 5 | — |
| Car Care Plan | MGA | — | 5 | — |
| CT InsureTech | Technology vendor | London | 5 | — |
| GlobalData | Technology vendor | London | 5 | — |
| Pinion | Insurer | London | 5 | — |
| ClaimSorted | Insurtech | London | 4 | $15.3M |
| Laka | Insurer | London | 4 | $9.5M |
| Loxa | Insurtech | — | 4 | $5.5M |
| Ageas UK | Insurer | — | 4 | — |
| Clear Group | Broker | London | 4 | — |
| FCA | Industry body | London | 4 | — |
| KYND | Technology vendor | London | 4 | — |
| Markel International | Insurer | London | 4 | — |
| Miller | Broker | London | 4 | — |
| One Call | Technology vendor | — | 4 | — |
| Pen Underwriting | MGA | — | 4 | — |
| Pro Global | Technology vendor | London | 4 | — |
| Rokstone | MGA | London | 4 | — |
| Urban Jungle | Insurtech | London | 4 | — |
| Zego | Insurtech | London | 4 | — |
| INSHUR | Insurtech | London | 3 | $54M |
| Cuvva | Insurtech | — | 3 | $19.1M |
| Acies MGU | MGA | London | 3 | — |
| BPL | Broker | London | 3 | — |
| Eleos Life | Insurtech | — | 3 | — |
| Hampden Risk Partners | Insurer | London | 3 | — |
| Jensten | Broker | — | 3 | — |
| Kita | MGA | London | 3 | — |
| L&G | Insurer | London | 3 | — |
| ManageMy | Technology vendor | — | 3 | — |
| MS Amlin | Insurer | London | 3 | — |
| Orvia | MGA | London | 3 | — |
| Simply Business | Broker | London | 3 | — |
| Willis Re | Broker | London | 3 | — |
| Artificial Labs | Technology vendor | London | 2 | $45M |
| Adclear | Technology vendor | — | 2 | — |
| AEGIS London | MGA | London | 2 | — |
| Alchemy Technology Services | Technology vendor | Derry | 2 | — |
| Amwins Global Risks | Broker | London | 2 | — |
| Antares | Insurer | London | 2 | — |
| Avios Insurance | Insurtech | — | 2 | — |
| BMS Group | Broker | London | 2 | — |
| Bondaval | Insurtech | London | 2 | — |
| Brit | Insurer | London | 2 | — |
| Capco | Technology vendor | London | 2 | — |
| CII | Industry body | London | 2 | — |
| Commercial Risks | Broker | — | 2 | — |
| Convex | Insurer | London | 2 | — |
| Davies | Technology vendor | — | 2 | — |
| Direct Line | Insurer | Bromley | 2 | — |
| Envelop Risk | MGA | London | 2 | — |
| Gate Insure | Insurtech | — | 2 | — |
| Incept | Insurtech | — | 2 | — |
| Inigo | Insurer | London | 2 | — |
| Jove | Insurtech | — | 2 | — |
| Ki | Insurer | London | 2 | — |
| Liberty Specialty Markets | Insurer | London | 2 | — |
| McKenzie Intelligence Services | Technology vendor | — | 2 | — |
| MoneySuperMarket | Broker | — | 2 | — |
| Optio | MGA | — | 2 | — |
| Policy Expert | Insurer | — | 2 | — |
| Prestige Insurance | Broker | — | 2 | — |
| Price Forbes | Broker | London | 2 | — |
| Reassured | Broker | — | 2 | — |
| Ripe | Broker | — | 2 | — |
| Send Technology | Technology vendor | London | 2 | — |
| Slick Cover | Insurer | — | 2 | — |
| SSP UK & Ireland | Technology vendor | — | 2 | — |
| Standard Life | Insurer | Edinburgh | 2 | — |
| TEDmar International | MGA | — | 2 | — |
| Zen Insurance | Insurer | — | 2 | — |
| FintechOS | Technology vendor | London | 1 | $28M |
| Themis | Technology vendor | London | 1 | $9.2M |
| Lateral | Insurtech | — | 1 | $3.2M |
| 1st Central | Insurer | Haywards Heath | 1 | — |
| AbbeyAutoline | Broker | Northern Ireland | 1 | — |
| ABI | Industry body | London | 1 | — |
| Acturis | Technology vendor | — | 1 | — |
| Addresscloud | Technology vendor | — | 1 | — |
| Adfin | Technology vendor | — | 1 | — |
| Admiral Pioneer | Insurtech | Cardiff | 1 | — |
| AkinovA | Insurtech | London | 1 | — |
| Amarillo Technologies | Technology vendor | — | 1 | — |
| Antares Global | Insurer | London | 1 | — |
| Arma Karma | Insurtech | London | 1 | — |
| Asta | Insurer | London | 1 | — |
| Augentic | Technology vendor | London | 1 | — |
| Augment Risk | Broker | London | 1 | — |
| Autorek | Technology vendor | London | 1 | — |
| Baptist Insurance | Insurer | — | 1 | — |
| BCIS | Technology vendor | London | 1 | — |
| Bennetts | Broker | — | 1 | — |
| Bionic | Broker | London | 1 | — |
| Bridgehaven | Insurer | — | 1 | — |
| Caledon MGA | MGA | — | 1 | — |
| Chaucer | Insurer | London | 1 | — |
| Chesnara | Insurer | — | 1 | — |
Showing the 120 most covered of 172.
Coverage
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Insurance moves: Ardonagh, Gallagher, AXA XL, Arch, Fidelis, DAC Beachcroft
Ardonagh names the first CFO and COO of its combined MGA platform as Gallagher plans a year-long UK COO handover
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SSP UK & Ireland acquires IS2 in insurance software push
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US cyber pricing stabilising, but tech risks and privacy claims loom: Howden Re
Pricing for US cyber insurance is stabilising after dropping for several years; however, claims from the 2023 underwriting year are still developing, while vulnerabilities are being discovered and exploited faster…
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StrataLens Joins Insurtech UK Association -
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SSP UK & Ireland buys IS2 in insurance software push
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Open Accelerates Avios Car Insurance Launch with Applied Rating Hub
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Ondo InsurTech major holding notification shows Roland Allen at 4.06% stake
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REG - Ondo InsurTech PLC - Holding(s) in Company
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Deals: Vencora Buys CT Insurtech -
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WTW appoints Phil Traicus as Senior Director in Canadian insurance consulting business
WTW, an international advisory, insurance broking and risk solutions provider, has confirmed that Phil Traicus has rejoined its Insurance Consulting and Technology (ICT) division as Senior Director. The appointment…
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Hagerty triples UK revenue target after Bennetts deal as global policies climb 18%
The classic car insurer’s acquisition of the UK’s second-largest motorcycle broker is expected to lift British revenue to £25 million as its global book reaches 1.91 million policies
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Vencora acquires CT InsureTech in deal with London market implications
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FCA finalises ESG ratings regime, with authorisation required from June 2028
ESG rating providers will need FCA authorisation from June 2028, in a regime that will shape how insurers use ratings in underwriting and investment
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Vencora acquires CT InsureTech to boost insuran...
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Vencora Expands Its Insurance Technology Portfolio and Presence in Latin America with the Acquisition of CT InsureTech
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Vencora acquires Charles Taylor's insurance tech unit CT InsureTech
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Ardonagh appoints Mallory Motley as Head of International Placement
The Ardonagh Group, a large independent insurance distribution platform, has announced the appointment of Mallory Motley as Head of International Placement. Motley will work as part of the firm’s Group Placement team…
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Avios Insurance adds car coverage
Home insurance is expected to follow in 2027.
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Five Sigma and Amarillo Technologies Partner to Advance Insurance Claims Modernisation for London Market
The partnership gives insurers, MGAs, and brokers across the UK and London Market access to specialist tools for delegated authority data and AI-native claims management
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REG - Ondo InsurTech PLC - Director/PDMR Shareholding
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GlobalData: Insurers should spell out AI in SME cyber policies
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MS Amlin launches AI tool to halve reinsurance wording reviews
Wordy Bot flags missing clauses and wording changes ahead of the 1 January renewals
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Europe Parametric Insurance Technology Platforms Market Is Going to Boom |• Zego • Wrisk
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esure offers car insurance quotes through ChatGPT
esure is now owned by Ageas.
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Guidewire to buy UK insurtech hyperexponential for up to $2.1bn
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Contour Underwriting taps KYND for global cyber push
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Guidewire to buy UK insurtech hyperexponential for up to $2.1bn
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Guidewire Buying UK Insurance AI Firm Hyperexponential in Deal Worth up to $2.1B
Insurance software maker Guidewire said this week it would buy hyperexponential for $1.7 billion in cash and up to $400 million more if revenue targets are met, to expand into AI tools that help insurers assess price…
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Hampden Risk Partners names Danny Milnes Head of Exposure Management
Hampden Risk Partners (HRP), an insurance business operating through Syndicate 2689 at Lloyd’s, has appointed Danny Milnes to the position of Head of Exposure Management as it continues to develop its underwriting and…
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Aviva and insureMO launch location-based travel insurance in Europe
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Guidewire to buy insurtech Hyperexponential for up to $2.1 billion
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Guidewire agrees $1.7bn deal for AI underwriting and pricing software firm hyperexponential
Guidewire has entered into a definitive agreement to acquire hyperexponential (hx) for a base purchase price of $1.7 billion in cash, subject to adjustments. The deal also includes up to an additional $400 million in…
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Ardonagh to bring global MGA businesses under Orvia brand
Orvia covers professional, financial, high-net-worth, marine, cyber, P&C and specialty lines.
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CFC extends AI coverage to healthcare and professional services
CFC previously made similar updates to its media, IP, financial services and cyber products.
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Guidewire to Buy UK Insurance AI Firm hyperexponential in Deal Worth Up to $2.1B
Insurance software maker Guidewire said on Tuesday it would buy hyperexponential for $1.7 billion in cash and up to $400 million more if revenue targets are met, to expand into AI tools that help insurers assess price…
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Ardonagh rebrands MGA operations as Orvia Underwriting, unifying $3bn in GWP
The Ardonagh Group, a large independent insurance distribution platform, has announced it will adopt the Orvia Underwriting brand across its suite of leading managing general agent (MGA) businesses. The unified platform…
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Ardonagh takes Orvia brand global with US$3bn MGA platform
Geo Underwriting, Envest and Antarah to rebrand as Orvia in a single-identity push across UK, ANZ and MENA
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Fruga Secures £1m to Expand `Insurance Credits' Concept -
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Did AmTrust just get a fantastic European deal in Wakam?
A New York insurer has just rescued Europe’s best-known embedded insurance carrier
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US-based insurance software company Guidewire (publ.) acquires UK-based insurance technology company hyperexponential for USD 1.7bn
The 40 most recent of 505 stories naming a company based in the United Kingdom.