This article showcases our top picks for the best London based Insurance companies. These startups and companies are taking a variety of approaches to innovating the Insurance industry, but are all exceptional companies well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups and companies for exceptional performance in one of these categories:
- Innovative ideas
- Innovative route to market
- Innovative product
- Exceptional growth
- Exceptional growth strategy
- Societal impact
Top London Insurance Companies
Zego is a commercial motor insurance provider that powers opportunities for businesses, from entire fleets of vehicles to self-employed drivers and riders. It combines best-in-class technology with sophisticated data sources to offer insurance products that save businesses time and money.
Since its inception, Zego has believed that the problem with traditional insurance is that it holds businesses back. It’s too expensive and time consuming, and it no longer suits businesses who use vehicles to earn money.
Zego’s products represent a solution to this problem for businesses based across the UK, Europe and beyond.. Aimed at developers, this feature could lead to innovative uses of DeFi..
and listed 3 years in a row on CNBC’s list of most disruptive companies as well as named top Business Innovator by Bloomberg and most innovative AR/VR company by Fast Company. Determined to steer the growth of the AR industry and champion this new consumer behavior, Blippar acquired Layar in June 2014, a pioneering AR company founded in the late 2000s.
In June 2015, Blippar invested in smart specs company WaveOptics. WaveOptics is developing low-energy lenses that provide a live display for the wearer but can be fitted into ordinary spectacles frames..
Bought By Many
Bought By Many is the multi-award-winning pet insurance provider that is disrupting insurance distribution. They do this by analysing anonymised internet search data and customer research to identify unmet consumer needs for insurance.
Key company milestones are as follows: o 2012: Launched boughtbymany.com. Completed seed funding round.
o 2013: Named Insurance Website of the Year. o 2014: Identified by Boston Consulting Group & Morgan Stanley as the global exemplar of innovation in insurance distribution.
Awarded Best Use of Mobile Technology at the Digital Insurance Awards. o 2015: Surpassed 100,000 members.
Launched SaaS platform in China in partnership with Ping An Insurance. Completed second funding round.
Became directly regulated by the FCA. Acquired Brooks Braithwaite (Sussex) Ltd – the UK’s leading provider of insurance for exotic pets and pet businesses.
Huma is a global health tech company with a mission to help people with chronic, complex, and rare diseases to live longer, better lives. Huma works with world-leading healthcare providers, pharmaceutical, insurance and technology companies, including Apple and Tencent, to build a connected digital health ecosystem.
Headquartered in London, Medopad has offices in the US and China.. .
Everledger is a global technology enterprise specializing in addressing real-world economic, environmental and societal challenges through their solutions that create ecosystems of trust. It is an ecosystem of trust is where all stakeholders within a network, are able to collaborate through a trusted data protocol.
This trust is created through the ability to transparently trace and manage assets throughout their lifetime journey, across different touchpoints within the ecosystem. The company’s breakthrough solutions harness the latest in emerging technologies including smart contracts, machine vision, and IoT, together with their proven and scalable blockchain-enabled platform.
They combine a rich forensic approach to identify and track asset provenance to provide confidence in the transparency driven across global supply chains. This brings disparate stakeholders together with the trust that has been built.
Everledger is independently committed to being the most advanced in deploying scalable solutions for its clients’ needs today while having the freedom to lead with breakthrough solutions that tackle the challenges they face.. .
Tractable is a software company that develops artificial intelligence for accident and disaster recovery. Through the use of deep learning to automate visual damage appraisal, Tractable’s AI looks at photos of the damage and predicts repair costs.
By providing its AI to the largest insurers worldwide, Tractable helps to settle claims quickly and efficiently, which in turn impacts livelihoods. Tractable AI Review and AI Estimating products help them improve their claims processes and produce live, end-to-end estimates of vehicle damage.
Tractable’s pitch is that AI appraisals of damage to vehicles/property can take place via its platform “in minutes”, thereby allowing for repairs to begin sooner and people’s livelihoods to be restored more quickly. It also automates image recognition tasks with Deep Learning.
Tractable was established in 2014 and is based in London, England.. .
Instanda is a SaaS insurance software platform that allows insurance companies to build, configure, and launch products online. Its no-code product design platform is built on a powerful set of insurance speciﬁc calculations, processing, and workﬂow capabilities.
Instanda works with the carriers, MGAs, and brokers in UK, Europe, US, Canada, LATAM and Australia converting the lethargic back office to an agile front office, freeing the industry from high-cost legacy systems. Founded in 2012, Instanda is headquartered in London, England..
BIMA is an insurtech player using mobile technology to provide insurance and health services to emerging markets. To serve its customers, the company has developed a proprietary technology platform, established exclusive partnerships with mobile operators, and built relationships with international insurers.
BIMA utilizes its technology platform to serve customers in 13 countries across Asia, Africa, and Latin America and has reached to date 31 million subscribers.. .
It employs over 800 employees globally.. .
Marshmallow is an insurtech. Being one of the only EU based insurtechs to own their own insurance company – they have total control of the entire value chain, from sign-up and pricing through to claims affording them the unrivalled ability to deliver an exceptional customer experience.
Operating in an archaic industry worth trillions of dollars Marshmallow started by doing car insurance in the UK but will offer multiple insurance products in multiple geographies – all driven by technology. They have raised around $50m to date from top tier investors..
Concirrus is a leading Insurtech specialising in transforming the future of risk selection, pricing and claims using the latest developments in data analytics, AI, machine learning, and digitalisation. Concirrus’ intelligence platform Quest, helps organisations improve loss ratios, reduce operational expense and access increased deal sizes, and new trading relationships.
By capturing and understanding customer behaviour, delivering data-rich insights at scale, underwriting teams are empowered to make rapid data-driven decisions. Over 20 market-leading companies including Marsh, Beazley, Hiscox, Chaucer and Willis Re trust Concirrus’ technology to power their risk making decisions.
Headquartered in London with international presence, Concirrus has a 100-strong team of experts that specialise in data analytics, AI and machine learning, as well as having a rich understanding of the global insurance market.. .
With expertise earned over centuries, Lloyd’s is the foundation of the insurance industry and the future of it. Led by expert underwriters and brokers who cover more than 200 territories, the Lloyd’s market develops the essential, complex and critical insurance needed to underwrite human progress..
Supported by developers, run by industry leaders and secured by blockchain, Terra Virtua is the platform for the next generation and dimension in entertainment and engagement. Terra Virtua will have its own robust, secure blockchain based economy.
Zones, in-game items, skins, upgrades and unique experiences can be bought and sold within Terra Virtua, driven by their token, the Terra Virtua TERRA (TVA). TVA owners will be a vital part of the ecosystem, kickstarting the Terra Virtua economy..
YuLife is a tech-driven insurance company on a mission to inspire life and turn financial products into a force for good. By harnessing the power of gamification and the latest behavioural science, YuLife insurance rewards healthy living and puts everyday wellness within reach of everyone.
Founded in 2016, YuLife is headquartered in London and backed by serial investors and VCs including Creandum, MMC Ventures, Notion Capital, LocalGlobe and Anthemis Exponential Ventures.. .
Radically better car insurance fit for the future. Always on, to just an hour – get flexible and fair insurance with Cuvva for as long as you need, in minutes.
The mobility app has sold over 3 million policies, and supported over 450,000 customers.. .
• Assessments & Insights – Gold-standard assessments and anonymised dashboards. • Support & Signposting – Private, ironclad support; anytime, anywhere, any device..
Unslashed Finance provides insurance products for crypto assets.. Built on top of that technology are Financial services such as market making, liquidity provision and an OTC desk that service institutional investors and other businesses.
Bayesian Fund (a segregated portfolio) is a alpha-generating hedge fund that leverages proprietary algorithms to deliver outsized returns to its institutional investors.. .
Superscript provides business insurance designed specifically to meet the fast-changing needs of small businesses. Underpinned by proprietary technology, expertise in emerging risks and threats, and partnerships with some of the world’s biggest underwriters, it delivers bespoke, subscription-based insurance cover for all types of risk.
Superscript shapes business protection around businesses’ individual needs, from essential cover through to complex risks. It delivers a personalised customer experience that supports the ever-evolving needs of small to medium-sized businesses.
Cytora transforms underwriting for commercial insurance. The Cytora Risk Engine uses artificial intelligence to learn the patterns of risks over time, enabling insurers to underwrite more efficiently and deliver fairer prices to customers.
The company’s goal is to raise the insurance industry to a new standard where insurance is fast and built on a foundation of tractable data. The company’s products allow insurers to enhance underwriting profitability.
Cytora was founded on 2014 and is headquartered in London.. .
Nayms is an insurance marketplace, utilising smart contracts to code the rules of how insurance can be placed, traded, claimed and settled. Brokers place these digital contracts of insurance between buyers (underwriters and capital markets) and sellers (insureds) of various risk.
Our focus is on facilitating the underwriting of digital asset risk as appropriate insurance protection is vital for the health of any liquid, financial market. By allowing cryptocurrencies like BTC and Eth to underwrite BTC and Eth risk, assets match liabilities meaning premiums are reduced, payouts and premiums are paid in native currencies and insurance cover scales as the digital asset space expands.
Furthermore, by utilising a stablecoin the Nayms platform can be used to underwrite USD-denominated risk, opening up our product to a whole variety of insurance perils globally.. .
Mashroom is a prop-tech startup that provides end-to-end property letting services to landlords and tenants.. It does everything you’d expect from a bank (and more).
Without the bank. Earn interest and invest; borrow, store and send.
Access DeFi and Dapps in a few taps. Argent was founded in 2017 and is headquartered in London..
By Miles offers fairer, more flexible car insurance for low mileage drivers. Aside from a fixed annual cost, each policy is paid by the mile so it’s totally tailored to you.
See every journey and use handy tools in their mobile app to make your driving life easier.. .
Replication follows eventual consistency semantics, allowing servers to function even if offline or after data-loss by resynchronizing missing history from other participating servers. End-to-end encryption ensures data at rest is only readable by the room participants.
The result is that data transmitted over Matrix is never stored in any single place, and is instead securely shared on a purely need-to-know basis between relevant parties, with control of access residing solely with the author. Awards:- Audience Choice and Best Social Integration Awards at WebRTC Conference & Expo V (San Jose 2014) Best Innovation Award at WebRTC Conference & Expo Paris 2014 Nominated in the Company Category at UK Open Source Awards 2015 Best in Show at WebRTC Miami 2015.
Urban Jungle is an insurance technology business based in the UK. Urban Jungle leverages technology to help young customers get access to cheaper, better, home insurance..
Our partners include Paysafe Group and many other financial institutions regulated by the FCA, Central Bank of Lithuania, and Colorado Division of Banking.. .
Croud was founded in April 2011 and is headquartered in London, England, UK.. .
Hometree is a UK based Smart Home Services company, offering homeowners unparalleled peace of mind & control in the running of their home. We offer a range of products and services from Home Cover plans which protect homeowners against breakdowns in their heating, plumbing & electrics, to heating installations..
Globacap offers everything you need to manage your capital in one place, freeing up your time and resources to focus on your business. We offer the only equity management software that can support you for the entire life cycle, from private placement and cap table management to EMI Option plans and secondary transferability, taking you from day one to exit in one simple, cost-effective solution.
And by embracing advanced blockchain technology, we ensure your data is always accurate and secure. See our website to find out more, or contact us to set up a personalised demo: [email protected]
Ki Insurance is a fully digital and algorithmically-driven Lloyd’s of London syndicate offering instant capacity, accessible at any time.. Cudo has created one of the worlds largest infrastructure platforms, managing millions of devices across the cloud compute and blockchain space.
Live in over 145 countries, Cudo makes better use of the worlds computing capacity. Every day, our platforms deliver value to our users that boost revenues, increase margins and enable rapid responses to changing market dynamics and volatility..
Whether to demonstrate regulatory compliance, improve governance, assist with transformational change or optimise your data landscape, it builds a connected digital map of your organisation, reducing complexity while driving efficiency. It is uniquely engineered to build end-to-end data models more efficiently and effectively and improve an organisation’s data economy.
Solidatus is quickly being adopted by organisations across the globe, including top-tier global financial, pharmaceutical, utility and infrastructure firms and has been implemented by leading consulting and technology firms. Solidatus is headquartered in London, UK with an office in Singapore.
Planned expansion into the US, Europe and the Middle East scheduled for 2021.. .
The Nucoro Platform enables financial institutions to build the entire range of fintech money management propositions, from automated investing and stock-trading through to digital wealth management. The platform allows for easy realisations of these propositions using cloud-native API-based technology that’s simple to deploy and integrate and fast to deliver, using blueprints for configuration and pre-integrated fintech solutions..
Their aim is to serve as a foundation for the safe adoption of blockchain by all actors in the economy, including traditional financial institutions, governments, regulators as well as ordinary citizens. They do that by applying regulatory technology for blockchain that solves a variety of compliance challenges.
Their proprietary solutions streamline compliance to near-automation. Taking anti money laundering effectiveness form around 1% as it is in the current traditional system and take it to over 90% effectiveness.
They provide anti-money laundering (AML) and know your customer (KYC) services for virtual currencies and blockchain actors. They enable traditional financial institutions and regulators to safely engage with the crypto world.
Their Trudatum product gives users the ability to register and authenticate any type of data, providing instant, secure online confirmation of the authenticity of documents and other files.. .
Flock was founded in 2015 on the conviction that insurance was no longer fit for purpose in our fast-moving, hyper-connected world. Their mission is to make the world a safer, smarter place by bridging the gap between the insurance industry of today and the emerging technologies of tomorrow.
The London based Insurtech began in the commercial drone industry where they launched Europe’s first pay-as-you-fly drone insurance product, using real-time data (like population density and wind speed) to quantify, insure, and mitigate drone flight risks.They now have insure thousands of innovative drone operations globally, from agricultural surveyors to NHS medical delivery flights. Flock’s technology has now helped thousands of pilots around the world to fly safer, reducing their risk exposure by 15% on average.
Flock recently expanded into the rapidly evolving world of commercial motor fleets with a division focused on connected vehicles. Modern fleets change on a daily basis; expanding, contracting, and adopting the latest technology.
They need an insurance policy that’s as agile and data-driven as they are. The world is becoming increasingly connected and autonomous, bringing both amazing opportunities and complex risks.
As the insurer of the future, Flock aims to not only pay claims when incidents occur; they help customers understand and mitigate their own risks, to avoid things going wrong in the first place.. We empower, we protect and we equip frontline workers with an all-in-one app that digitises the frontline and put everything your people need at their fingertips.
Come join us on our mission.. .
PremFina’s white label premium finance solution means brokers can take total control of their premium finance business and improve customer relationships. PremFina empowers brokers by allowing them to maximise control over their customer relationships through providing them with their own-branded premium finance software and financing options..
This identifies gaps in controls coverage, aligns security with framework standards and substantiates regulatory compliance. Our automated reports significantly reduce reporting time and tailor insights to stakeholders at every level, enhancing decision-making from the boardroom to the analyst.
These reports can also be mapped to the organisation’s structure, so you can prioritise risk based on impact to the business. Enterprise security leaders around the world trust our platform to help them make better security decisions..
They approach partnerships with a blank piece of paper and mind full of ideas. Their highly customised solutions focus on what the customers see and the distribution partners need.
The first step is stripping away the complications to discover the technical solutions needed to address their partners’ core goals. They only want to deliver enough technology as required at every step from idea to scale to ensure that you spend the least amount of money required to validate your hypothesis.
Then things get interesting; their engineering team has built an agile product platform capable of advanced modular product setup, integration of best-in-class third party services, and easy integration into any digital-customer touchpoint.. Our platform has been recognised as the Best Artificial Intelligence Product in Marketing’ (Cognition X) and one of the 50 most disruptive businesses in the UK (Real Business)..
Artificial Labs are building tools for insurers that allow them to operate faster, more efficiently and more accurately. These tools are built on top of a shared core, called ArtificialOS – which is a suite of powerful, API-driven building blocks, for insurers of all sizes.
Ranging from policy management through to AI-based automated claims, Artificial’s service-based architecture means they can very quickly combine these blocks and integrate applications to according to insurer requirements. Not only do insurers receive exactly what they need, but they can be happy in the knowledge that 24/7 support, infrastructure, security and upgrades are all included in the transactional-based pricing..
Hyperion Insurance Group
Hyperion is an international insurance intermediary group with insurance broking and underwriting agency arms.. .
A two-time winner at the Corporate Vision Technology Innovator Awards, in 2016 it was named the ‘Most Innovative Business Analytics Company’ and its flagship product, OrgVue, was awarded ‘Best Strategic HR Product’ as well as voted a ‘Gartner Cool Vendor in Human Capital Management’. Alongside OrgVue, Concentra’s other products include SupplyVue for holistic supply chain optimisation and DataPlus, an enterprise data warehouse automation platform.
Concentra’s analytics and domain experts also leverage best-in-class technologies to build data-driven solutions in functional operational reporting and customer analytics.. Audiense works with a wide range of enterprise clients, including sports brands and Premier League football clubs, major news publishers, top digital agencies, marketing leading clothing and music brands, and even the UK government..
Anorak offers a smart independent insurance adviser that gives people access to tailored advice about their life and their risks. Anorak is on a mission to building the world’s smartest insurance companion.
A new model for buying life insurance that enables all of us to make the right choice – not just the cheapest. A smart independent insurance adviser founded on trust and transparency.
To do this, the company uses data science and machine learning to power a service that gives people access to tailored advice about their life and their risks.. Productivity is essential for promoting long-term economic growth and higher living standards.
These businesses count on financial services to help them operate, grow and succeed. Unfortunately, there is a huge ~£22bn SME funding gap in the UK, and in the EU and US, this gap amounts to a combined ~£881bn! The problem is even more pronounced in emerging markets.
It is vital that SMEs are given the best chance of succeeding. We help financial institutions and their SME clients streamline their business operations through the use of our payments products and API platform, thereby facilitating frictionless access to financial services..
Canopy exists to make renters visible, to give them an identity, and to improve their rental lives. Canopy makes the rental process more affordable, more transparent and more financially rewarding.
Canopy Renters carry their rental reputation with them wherever they go, making them an easier choice to rent to. We innovate to continue to help Renters move more freely and reach greater financial freedom.
It means getting to a point where Renters have more money in their pockets and can live the life they want to live.. It’s why blockchain technologists refer to as the “trust platform”.
Blockchain will change how businesses operate for years to come, with exponential benefits to those businesses who adopt it. Established in 2016 with operations in London and Barcelona, Finboot has established itself as a leader in the fast-growing enterprise blockchain industry.
Finboot has demonstrated the capacity of MARCO to allow enterprises to rapidly experiment and validate their blockchain business cases and efficiently move them to production. From its ability to minimize complexities, to providing exceptional privacy and security to users, MARCO reduces cost and accelerates interactions to help businesses grow faster and more efficiently.
Within corporate structures, there are many examples of how MARCO can be applied to dramatically improve frictions within physical and financial operations. Traceability and quality control in the downstream of Oil & Gas, certified environmental sustainability of ready-made garments, and invoice reconciliation in airport logistics are some of the business cases successfully implemented with MARCO..
We provide a complete compliance management suite in regards to KYC and AML solutions. From remote photo and live video identity verification and biometric user authentication, to data monitoring, screening, due-diligence, and risk scoring – all in one place.
Combining artificial intelligence & human expert analysis to ensure 0% fraud tolerance for both legal and physical entity onboarding. Ondato stands out among its competitors with the ability to deliver the perfect solution based on client’s individual requirements, and offer maximum flexibility along the process..
Insly is cloud-based insurance software for insurance brokers and agents to replace papers and spreadsheets. Its goal is to make insurance easy to understand, manage, and buy for both service providers and end users.
Insly is a spin-off from IIZI Group – most successful insurance broker group in CEE region starting from 2000. Their core team consists of the founders and key employees of IIZI Group, who contributed to revolutionising the insurance business with their innovative and business focused IT solutions.
Insly was launched in 2000 in London, United Kingdom.. .
Verisart is the world’s leading platform to certify and verify artworks and collectibles using the Bitcoin blockchain. Since its launch in 2015, Verisart has provided contemporary artists including Shepard Fairey with a free and easy way to generate permanent certificates of authenticity and reduce the scope for fraudulent activity.
Verisart combines museum certification standards, distributed ledger technology and image recognition to its provenance and registry services. The company is headed by Robert Norton, formerly CEO & co-founder of Saatchi Online & Sedition Art and its Board Advisers include Peter Todd, Bitcoin core developer and Dr.
Ahmed Elgammal, Professor of the Art & Artificial Intelligence Lab at Rutgers University. www.verisart.com.
FloodFlash is a new type of rapid-payout flood insurance. It uses the latest data modelling and connected tech to bring parametric insurance to the mass market for the first time.
The result is fast, easy and flexible cover that pays claims within days of a flood. FloodFlash is parametric or `event-based` insurance.
When buying the cover, the customer chooses the depth of flooding they wish to insure against and how much they’d receive when that flood happens. When the FloodFlash sensor installed at the property detects flood water at the selected depth, the claim is paid in full.
No waiting. No haggling.
FloodFlash rapid-payouts were put to the test in February 2020 when Storm Ciara swept across the UK. Claims related to the storm were paid in full within a single day.
Storm Christoph claims from January 2020 were paid even faster, some were paid in just 9 hours and 44 minutes on the same day of the flooding. That speed of claims payment remains the fastest and best proof of mass-market parametric insurance to date.
SO-SURE is on a mission to restore consumer trust in insurance, globally. As a fully delegated authority MGA, SO-SURE digitalised the entire value chain of insurance, developed proprietary model and anti-fraud technology to deliver win-win insurance: 1)For consumers: – If you claim: 10x faster and easier claim experience – if you don’t claim: up to 80% money back, every year 2) For underwriters: – addressable market increased – loss ratio reduced.
It is fully regulatory compliant for both money and document applications. Billon offers near real-time settlement of domestic and cross border payments.
It also enables fiat money to be digitized and the firm is registered as an e-money issuer in the UK and Poland. The partners with enterprise customers to create DLT based solutions on it’s a full platform.
Reusable modules & APIs allow for rapid creation and delivery. The platform combines the blockchain and distributed ledger is built for enterprise implementations and achieved full compliance with data and money regulations.
Billon Group was founded in 2015 and is headquartered in London, England, United Kingdom.. .
Wrisk combines Insurance and Technology in one simple app. Starting with contents insurance, Wrisk expands its offering to serve the insurance needs across different aspects of people’s lives.
From motor to travel, health to professional, Wrisk will bring everything together into one simple plan that can grow with its customers. Customers are given a unique Wrisk Score which provides the information they need to understand their risk.
The more information provided, the more accurate the score becomes, empowering customers to get a better score and reduce their premiums. They can update their details and manage their policy any time, anywhere and it takes effect immediately.
Wrisk plans to engage not only those who are already insured, but also people who’ve never bothered with insurance. Working with partners such as BMW, Hiscox, QIC, Bupa and Munich Re, the Wrisk team captures both existing market share and build an entirely new mass market too..
Nexus Mutual uses the power of blockchain technology and Ethereum to allow people from all over the world to share insurance risk together without the need for an insurance company. Nexus Mutual will initially launch with one product, earthquake cover..
Nebeus was founded in 2014 in England and has transacted over £30 Million to date, operating primarily in the UK and Europe. Seamlessly and within minutes, customers can start earning using their crypto investments and get instant crypto-backed loans.
Customers can send cash to more than 150 countries through Nebeus’s payment channels, VISA, and Mastercard integrations; transfer & deposit money at more than 230,000 retail locations & post offices; and much more. Nebeus is the smart way to borrow, earn, and spend in the digital age, helping thousands of customers put their digital assets to everyday use..
DFP – Transforming SME underwriting Our award-winning insurance technology helps you collect and manage huge amounts of data about your industry sector to give you the insights you need for better performance. It’s the future of efficient underwriting.
The technology we have developed in the form of our powerful data sourcing platform provides insurers with the granular insights on SMEs they would otherwise find difficult, time-consuming and expensive to acquire.. .
Homeppl reveals consumer’s real transactional ability. We leverage open banking, risk and financial algorithms, and unique fraud detection tests to allow consumers inclusive financial access to all financial or risk products in the world.
Clients use Homeppl to increase revenue, prevent fraud, and eliminate transactional friction. Homeppl has reviewed hundreds of thousands of transactions and approved millions of pounds of revenue for clients in the UK.
We are a Techstars company. Our team is comprised of ambitious, international, and passionate individuals.
We are from 24 nationalities and speak over 17 languages!. Additional add-ons such as AI-driven Styling Suggestions, Store and Customer Communications and Advanced Analytics elevate stores towards a fully integrated digital ecosystem.
The use of this technology also opens the black box of in-store data so retailers can understand what actions contribute to a sale (or lost basket) in a customer’s path-to-purchase by revealing customer behaviours, staff performance and product funnels. When clients like Nike, French Connection and Benetton adopt digital tools in their stores, they see an increase in conversion, loyalty and units per transaction (UPT).
On average they experience a sales uplift of 8% and 5x ROI.. .
The insurance industry has so many barriers to entry, founders often run out of energy and money just trying to get in. The Gateway is a one-stop-shop for founders, where they can get underwriting paper, investment capital and advice on how to design and build their startup, all surrounded by great insurance partners.
The Gateway fund supports the portfolio post incubation, to Series A and beyond. “The Gateway are our insurance sherpas, guiding us through the wilderness of insurance” Mark Musson, co-founder, Humn.ai (Gateway portfolio company) Insurers often struggle to innovate within their own businesses, the Gateway enable insurers to do this in a safe environment.
They facilitate insurers, technology partners and insurtechs to get to know each other and work together, over the whole duration of building a business. The Gateway would like to meet early-stage founders with game-changing ideas or products, and progressive (re)insurers who are interested in collaboration..
Gryphon Group Holdings
Gryphon Group Holdings Limited is an entrepreneurial insurance start-up poised to launch an exciting new protection challenger. Backed by £180m of investment capital, our ambition is to protect more families in the UK.
The business is based on the founding principles of creating greater trust and improving the adviser experience. We plan to maximise the potential of insurtech, taking a fresh approach designed around customer and adviser needs.
With no legacy systems, our focus is on building an intuitive proposition and an effortless adviser experience. Our infrastructure will be based on digital and cloud-based technologies, built with the support of leading partners.
Our core platform technology partner is Liss Systems, a UK company owned by Nasdaq-listed technology group, EXL. Our digital interface technology partner is Space.
Selling through intermediaries, we are focused initially on life, critical illness and income protection. The business is subject to regulatory approval..
Nimbla provides B2B invoice insurance to small and medium-sized businesses in the United Kingdom. The London fintech company, through their unique technology, allows them to instantly review the credit rating of their invoices and insure them individually, paying out in the event of insolvency..
What started out as an app to improve recognition amongst colleagues, has grown into the leading platform for forward-thinking businesses passionate about giving their employees more meaning at work and more motivation – the meaning and motivation to come to work wanting to be more, together. We’re used in 45 countries and available in 12 languages and we’re proud to be helping some of the world’s best known brands create meaningful employee engagement by enabling them to be more, together.
Mo is hiring. To find out more about a career with us, get in touch at: mo.work/careers.
Brolly, a London-based start-up that specializes in flexible, personalized insurance products for the digital generation. Brolly offers a Policy Management platform that enabled customers to consolidate all of their insurance policies into a single dashboard, and a fully-digital contents insurance available on iOS and Android, enabling customers to cover their belongings straight from their smartphones..
At the same time, the platform leverages modern blockchain technology to allow infrastructure owners (governments, utilities, public-private partnerships, etc.) to securely offer asset-backed investments to institutional investors, including sovereign wealth funds, government-linked investment funds, infrastructure funds, private equity funds, real estate funds, and banks. We launched Fasset in order to provide an end-to-end operating system for assets owners and investors to support sustainable infrastructure.
Inspired by the United Nations’ Sustainable Development Goals (SDGs), our objective is to offer safe, secure real economy linked investments that bring healthy returns while furthering the world’s sustainability ambitions. In addition, we see a significant shortfall in infrastructure financing worldwide.
The current slow-moving infrastructure finance system cannot meet demand due to problems with market access, liquidity, and prohibitively high costs and fees. Our blockchain-centered operating system for infrastructure addresses these challenges by creating a faster, secure, efficient, and more transparent and affordable gateway to raise capital from a broader pool of global investors..
AkinovA has built an independent electronic marketplace for the transfer and trading of (re)insurance risks. Founded by experts from Insurance, Technology and Capital Markets, AkinovA is working with the existing (re)insurance value chain to help grow the overall market.
AkinovA is backed by an accomplished Advisory Board with a wealth of experience in Insurance, Capital Markets and Technology. Whilst remaining an independent marketplace, AkinovA is working with leading insurance industry participants, including Hiscox and MS&AD Insurance Group, as well as Plug and Play Insurtech, NYC based marketplace venture capitalist FJ Labs, Israel based InsurTech/FinTech venture capitalist FinTLV and other undisclosed investors.
For more information, please go to: www.AkinovA.com. .
Lane Clark & Peacock LLP
Lane Clark & Peacock (LCP), a firm of financial consultants specialising in pensions, investment and insurance. LCP provides actuarial, investment and general consulting advice to 700 corporate and pension trustee clients that include a third of the FTSE 100 as well as a number of insurance companies and charities.
LCP has grown revenue over the last 15 years. The business capitalises on demand from corporate trustees and sponsors seeking complex advice as regulation intensifies and diverse pension solutions come to market..
Internal comms doesn’t have to be dull. In fact, we believe by being vibrant and exciting it can become more effective.
Beem allows users to snap photos and share great content within your secure company network. And our mobile directory makes finding the right person with the right skills a breeze.
Too much internal platform noise? or got an existing intranet or Enterprise Social Network but experiencing disappointing results? Beem integrates, streamlines and drives engagement to both save and enhance. Deliver the social business benefits your company needs with the first truly consumerised mobile communications platform.
We are Beem!. .
Equipsme offers business health insurance plans for employees and their families.. Humaniq focuses on worldwide financial inclusion by enabling businesses to reach to emerging markets audience.
The company’s novel financial solutions for end users based on cutting-edge proprietary mobile and Biometrical Identification technologies reducing the fraud and making it possible and simple for customers to use them from scratch. In 2018 Humaniq was chosen by TechCrunch as a TOP startup 2018 in Blockchain, won “Best in Community Award: Blockchain & Economy” at BlockWorld 2018; and marked as one of the most promising startups fighting for Financial Inclusion in two industry analytical reports , one of which was prepared for an All-Party UK Parliament board.
Headquartered in London, Humaniq has over 85 employees in different international locations.. .
Misinformation and advances in technology have made the ability to create fake photos & videos easier than ever. This makes process automation that relies on digital images unreliable as it can lead to wrong results and increases the opportunity for fraud.
Photocert’s technology ensures the credibility of the photos & videos and on top of them can perform valuable image analysis to seamlessly automate processes. Photocert focuses on the insurance sector and has built a modular product that can easily be adjusted to our customers’ needs.
We are able to deliver from a complete white label claim/onboarding platform to a camera API components that performs image certification. We currently have applications for content (onboarding including product valuation), motor (claims including damage estimation) and property (claims with a water leak estimation under development)..
TIM Group provides alpha-generating information technology to the financial services industry. The company’s focus is on helping buy-side and sell-side firms and administrators maximize their intellectual property to generate more revenue.
TIM Group is employee owned with venture capital investors that include Commonwealth Capital Ventures of Boston, GrandBanks Capital of Boston, and JLA Ventures of Toronto.. _Driving ARPU_ Serving billions of ad impressions on a monthly basis, Plus44 are positioned at the center of the online advertising ecosystem allowing partnerships to drive market leading revenue across all of our technologies.
All content is served natively and targeted algorithmically, which ensures a platform-wide engagement rate of 20x the industry average. _Decreasing Churn_ We help your subscribers get the most from their devices with award-winning news utilities that offer frictionless access to engaging content.
As such, we are able to dramatically increase network usage and decrease churn. We do not believe that one size fits all.
We adopt a fully – integrated approach to ensure a product-market – fit by working with our partners to understand their subscribers from day one, integrating data sets and determining which technologies are most appropriate for each device type, usage habits and demographic.. .
WhenFresh specialises in refining, crafting and publishing your digital assets; even those you might not consider to be assets. We take data in any kind of shape and turn it into data that can be monetised.
If you ask “Why WhenFresh?” to our team the answer is the same: we joined WhenFresh to be part of a company that is passionate about disrupting the conventional ways people look at and use data. We’ve brought together the brightest minds from companies like lastminute.com, Swiftcover, Microsoft, Tesco.com & MoveMe.com, to support a common goal—to enable our customers to unleash the power of their digital exhaust..
With over million of information feeds analysed in real time and key decision makers to engage with, Sparklane is the “best in class” company. Sparklane has won numerous awards and its customers and partners rate it so highly mainly because of the quality and reliability of its solutions..
REG provides an intelligence, analytics, and risk management software to the global insurance and financial services market. It is a pioneer in delivering RegTech solutions through software as a service platform..
It provides physical and digital facilities that would otherwise not be accessible for smaller companies, helping to break down barriers to technology adoption.. was founded by brothers Ben and Tom Grass with the bright idea of turning their faith in the recuperative power of nature into a holistic health and wellness brand.
Our mission is to help our customers reconnect with nature, by launching only the best quality CBD blended with great-tasting organic botanical ingredients. Our unique formulations inspire well-being and have been specially created to work with your body to deliver uplifting results..
Homelyfe uses technology to make insurance simple. Homelyfe is an insurance app, built around anyone.
From the app anyone can do everything from getting a quote and purchasing, to managing multiple insurance policies and even initiating a claim. So no more paperwork.
And when it’s time to renew they will automatically search to see if there’s a better option out there. Just one example of the little things they do to save you time and money..
Konsileo is a commercial insurance broker using technology to empower individuals and replace hierarchical management with professional collaboration. Their technology disrupts the traditional broking model in two ways.
Firstly, it addresses the operational challenges of regulatory compliance, data capture and duplication with an intuitive platform that gives brokers back more time to spend winning and retaining clients. Secondly, Their technology underpins the creation of a community of modern brokers without hierarchy.
Brokers who support each other, share expertise, and are rewarded for working together.. .
Willis Towers Watson
Willis Towers Watson (NASDAQ: WLTW) is a global advisory, broking, and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 39,000 employees in more than 120 countries.
They design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Their unique perspective allows us to see the critical intersections between talent, assets, and ideas — the dynamic formula that drives business performance..
Prognostic (Techstars ‘21) is a B2B SaaS platform for industrial companies to manage the risk of their physical assets. Our grand vision is to help our asset intensive customers achieve ZERO downtime, ZERO Waste and ZERO Carbon..
Innovators in supply chain, logistics, energy, law and financial services are among the first to adopt the Catalyst Network. Atlas City will be launching Catalyst Network as an open source project in 2019 and will support the growth of the ecosystem by providing software development tools, distributed application development and private instances for industry-specific applications to enterprises..
Tapoly on demand insurance
Tapoly “Insurance on Tap” offers on-demand insurance for freelancers, contractors and SMEs. It provides on demand insurance for freelancers, sole traders, contractors, home letters, equipment lenders and anyone else who is part of the sharing or gig economy.
It insures their lifestyle so they don’t have to worry and have more time to focus on doing what they love.. Our domain expertise means we can guarantee 100% data integrity and best practice guidance for dealing with new compliance requirements as they are introduced.
Our vendor neutral technology and no data lock-in means your data lives where you want it to and you own your data at all times. Arkivum delivers complete confidence in preserving, meeting complex compliance and regulatory requirements and creating business value from your data.
Bringing your archived data to life.. So – whilst Muslims want to create meaningful connections within the community, to support local charities and businesses, and generally empower their finances to be a driver for positive change – it is difficult to achieve this without an enabler.
Enter, Rizq. The Rizq team have lived the problem, and are now solving it by crafting a personal and seamless digital Islamic banking experience.
Our aim is to facilitate financial success within the community, by developing a really high performing and useful product, which does not conflict with Islamic beliefs and establishes a real bond with its key stakeholders (i.e. the customers)..
Global Risk Partners
Global Risk Partners Limited (GRP) is an investment vehicle aimed at insurance brokers and managing general agents trading in the UK retail and global, specialty insurance markets.. It is using the new leapfrog technologies of AI, Machine Learning and Blockchain to build a global anti fraud ecosystem Its products helps Financial Institutions (large and small) cope with the ever-changing demands of regulation by delivering solutions that meet compliance and regulatory requirements, specifically in the area of fraud detection and prevention.
Robolitics is a high speed data analytics engine that dramatically cuts the time and cost of compliance – it is multi regulation and cross asset class; Dokstor is a blockchain architected digital identity app that links with Robolitics to manage Know your Client/Onboarding processes.. Micro Focus is headquartered in Newbury, United Kingdom.
Following the 2014 merger with the US-based Attachmate Group, Micro Focus is now one company operating two product portfolios.. .
Legal & General
They are not only a top 20 global asset manager, but also the UK’s largest provider of individual life assurance products and a market leader in managing retirement risk for pension schemes, both in the UK and US. Their purpose is improving the lives of their customers, building a better society for the long term and creating value for their shareholders.
They are committed to being economically and socially useful. Their long term financial sustainability is for the benefit of their customers, employees, shareholders, suppliers and society at large.
Their products, services and investments should show both economic and social value for the future. They recognise and reward success, investing in the development and wellbeing of their employees.
They strive to be a vibrant business that values inclusiveness and embraces difference, where their people are engaged and empowered to deliver outstanding results.. .
Kudo Insurance is an app that uses mobile phone telematics to monitor a user’s driving and create an individual score that can then be shared with a car insurer to obtain a discount. Driving information captured by the app could also be used as evidence in the event of a motor accident.
The company set out in 2017 to provide a central portal for drivers to prove how good they are and get better quotes from insurers who could pick the best ones, whilst giving consumers transparency and the tools to get better value.. To learn more about Chirp, visit https://chirp.io..
Capita plc provides customer and business process management, and professional support service solutions primarily in the United Kingdom. It offers a range of back office, middle office, and customer facing services.
The company provides services in the areas of administration and business support, customer remediation, business process outsourcing, consultancy and change management, customer management, financial services, human resources and recruitment, information technology, insurance services, legal process outsourcing, life and pensions, property and infrastructure, service design, software solutions, and travel and events. It also offers services in the areas of finance, life and pensions, share registration, and fund administration, as well as in public engineering projects.
The company provides its services to customers in central government, corporate, defense, education, emergency services, financial services, health, housing, insurance, local government, life and pensions, police and justice, retail, retail banking, telecoms and media, transport, travel and leisure, and utilities sectors. Capita plc was founded in 1984 and is headquartered in London, the United Kingdom..
We all know and feel the hardship experienced in renting. Paying agents fees, six-eight weeks deposit plus four weeks rent is no picnic.
en Our Rent Passport™ provides renters with a digital renter identity and replaces cash deposits with a risk based insurance premium. Through our partnership with HISCOX, we will offer a range of insurance & non-Insurance based services..
BirdsEyeView is a B2B2C London based InsurTech operating as a Managing General Agent. Climate change-induced natural disasters are increasing in both frequency and severity.
By harnessing satellite imagery, big data, and advanced analytics, we look to revolutionise the global crop insurance market by providing our weather-risk protection.. And we’ve already transformed the way more than 15,000 UK and French startups run their businesses..
We serve our partners and clients via a multinational presence, headquartered in the UK with bases in Europe, USA and the Middle East and promote all our activities through our support of over 125 ambassadors, activation of over 80 events annually 50 million video views monthly via our media network. All of EXTREME’s initiatives drive sport participation, an active and healthy lifestyle, job creation, infrastructure investment, and tourism whilst aligning with the UN’s Sustainable Development Goals and key government agendas from around the world Vision To drive positive change through extreme and adventure sports Mission Inspire to explore and experience.
Inzura provides Digital Insurance products and services to the Insurance industry enabling Insurance Companies and Brokers to offer innovative digital insurance products to their policyholders and prospects. Inzura’s customer engagement Apps and cloud-based services cover the major personal insurance lines.
They provide state of the art Driver Profiling Telematics, Connected Home solutions and Fitness & Well-Being human telematics. Working with Inzura, their customers gain speed to market enabled by their white label Smartphone Apps that engage users with easy to use products and services.
They help Insurers improve customer service, which drives higher customer retention, they also help them to reduce fraud and reduce costs in the claims process. Their product portfolio includes; insurance policy administration mobile apps, insurance telematics (UBI / PAYG) / PHYG / MAYD), user-friendly Smartphone camera photograph analysis, data analytics and back-end server infrastructure.
End users benefit from time saving and safety features built into the apps, as well as delivering new services utilising insurance telematics and driving linked rewards.. .
Powered by blockchain, smart contracts and real-time streaming data analytics, Skyline Partners model focuses on the causes of the risk and not the effects. By eliminating inefficiencies, moral hazard and expensive unknown uncertainty from the equation, this enables us to offer tailored, affordable, innovative risk solutions, currently focusing on natural hazard and weather impacts for the worlds under and uninsured..
TRASTRA customers are provided with services to fulfill all their crypto needs: Payment Card for cashing out cryptocurrencies; Instant crypto to fiat exchange; Multi-Sig Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and Ripple wallets with 2FA to store, buy and sell crypto; Mobile app available in AppStore and GooglePlay. The company is also working on the IBAN feature.
TRASTRA is a London-based company founded in 2017. Roman Potemkin, FinTech entrepreneur with 12+ years of experience in finance and banking technologies is CEO of TRASTRA..
Minova Insurance is a London-based insurance holding company that invests in the development of quality businesses in the global insurance market by empowering positive teams to maximize their entrepreneurial potential. The company offers a range of insurance brokerage and reinsurance services.
It markets its products and services across a wide variety of classes, including property, casualty, and marine. Capital Z operates as one of the company’s main partners.
It was founded in 1980.. Committed to innovation, we are able to support payments on any platform, with any device, and in many currencies.
Our clients enjoy the flexibility of either using our self-serve solutions or challenging us with a bespoke request for special events.. .
Metafused use AI based time series predictions to improve banking efficiency by 20%. They work with treasury, cash management, forex, building societies and personal banks, using their unique interoperable lego brick models to develop bleeding edge AI stack for new fee based income and enhance efficiencies of mid and back offices..
Their team pushes the limits to dig beneath the surface, peeling back the layers to expose the truth. They aim to stop illicit cryptocurrency activity from leaving a smudge on the technology and the future it represents for all of them.
The company is preventing, detecting, and pursuing criminal activity in cryptocurrencies. It identifies illicit activity in cryptocurrencies, providing actionable intelligence to cryptocurrency companies, financial institutions and government agencies..
100% accurate picking using mobile barcode scanners 3. Fastest picking methods in the world for eCommerce 140+ Clients in 2018 Prices start from $1,000/month.
Visit www.Peoplevox.com to learn more.. .
As the UK’s biggest business insurance broker we offer you a range of tailored business insurance quotes to compare from leading business insurers. Flexible covers include public liability insurance and more.
Buy online, and you can be instantly covered with access to your insurance policy documents. As the winner of The Sunday Times Best Companies list 2015, you can rely on us to take the same amount of care when helping you find the right policy.
You can call our team on 0333 014 6683.. .
Developing productivity solutions that connect operational information with big-data through technologies that simplify business activities, automate operations and deliver new insights.. The resolution is to make access to be more transparent and affordable, by implementing Artificial Intelligence (AI) and Machine Learning (ML) technologies into the market.
The newly developed trading platform allows all parties to interact within the commodity stakeholder trade network. The solution offered would eventually reduce the paperwork proceedings, letting all the counterparties – traders, warehouses, financial institutions and legal authorities to interact without a middle office, saving both time and high expenses.
Along with time and cost efficiency, the application of AI and IoT (Internet of things) technologies permit SME to get rapid legal feedback on the data provided – whether it is a warehouse/product risk profile or tenor integrity. Adjusting Blockchain and Internet Of Things to the traditional Web Development tools will provide an automated deal flow throughout the secure trade marketplace..
RELX Group plc
RELX Group is a global provider of information and analytics for professional and business customers across industries. The group serves customers in more than 180 countries and has offices in about 40 countries.
It employs approximately 30,000 people of whom almost half are in North America. RELX PLC is a London listed holding company, which owns 52.9% of RELX Group.
RELX NV is an Amsterdam listed holding company, which owns 47.1% of RELX Group. Reed Elsevier Changes name to RELX Group on Feb, 2015..
Aviva is a British multinational insurance company headquartered in London, United Kingdom. It is the sixth-largest insurance company in the world measured by net premium income and has around 43 million customers across 21 countries.
Aviva is the market leader in both general insurance and life and pensions in the UK and has major businesses in Asia, continental Europe and North America. They offer a wide range of insurance and savings products to help people protect what’s important to them and save for a comfortable future.
They help them to defy uncertainty. They believe they have a clear strategic advantage: they are a “composite” insurer, which means they can provide customers with a wide range of insurance and savings products – from car, home and health insurance to pensions, investments and asset management.
They are the UK’s largest insurer and they also have a strong international presence in Europe, Canada and Asia. They focus on markets where they can achieve scale, profitability and competitive advantage..
FLY-RE is an independent online re/insurance marketplace owned and managed by a team of insurance and technology professionals. We strive to connect market professionals and businesses worldwide by providing a professional ecosystem to communicate and the tools to process daily reinsurance workflows.
We are inspired by the opportunity to build a community to communicate risks freely, with due respect to the best traditions of the industry and requirements of the modern age. An everyday tool to do business online as never before.
A worldwide service to bridge the gap between risks and capacities. An online reinsurance marketplace.
iRent is an app-powered, on-demand renting service provider for smart phones. iRent centralize the renting market to one APP with decentralized background.
The main activity of the company is renting solutions, but the company provide insurance, financial, social networking and AI solutions too.. Customers get to make use of all their loyalty points with the product’s capability to allow customers to consolidate points or convert them to well-discounted leading air miles.
A WIN-WIN loyalty program for businesses and customers. We are innovation partners of leading technology service providers and are the alumni of leading accelerator programs like IAG’s HANGAR51 and PWC’s retail cohort.
We have been selected by London’s top accelerator program supported by the Mayor of London – BGP by London & Partners.. Moni was created by Fernando Saturno and Laurence Aderemi in 2013..
You may write to us at: BestStartup.co.uk/Fupping Ltd, 349 Royal College Street, London, England, NW1 9QS.