Insurtech Gateway
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.
Kita is a carbon insurance company that offers a portfolio of carbon insurance products that cover the risk spectrum in the carbon markets. The climate crisis requires carbon sequestration solutions to remove carbon from the atmosphere. Unfortunately, these solutions lack insurance for their key asset - carbon offsets sold within the voluntary carbon markets. This gap contributes to an environment of uncertainty, holding back development, investment, and the ability to scale these solutions at speed to achieve the necessary climate impact. Kita uses parametric insurance products that address challenges by guaranteeing the quality and delivery of carbon offsets and negative emission technologies. By removing risk on both sides of the carbon transaction, Kita will accelerate the development of high-quality solutions to fight the climate crisis.
Bluezone Insurance offers personalized, same-day life cover for people with chronic conditions, like type 2 diabetes and heart diseases.
80% of the world’s catastrophic flood losses aren’t insured. That’s $58bn of uncovered damage, and it’s getting bigger each year because of climate change, population growth and urbanisation. FloodFlash is an insurance technology company that combines computer models, cloud software and internet-of-things sensors into flood cover that protects those the insurance industry has left behind. FloodFlash is the first parametric flood insurance available to the mass market. Each customer chooses a depth of flooding and how much they’d receive when floods reach that depth. When the smart sensor installed at their property detects flood water at the chosen depth, the claim is paid in full. Since the 2019 launch FloodFlash has been at the forefront of the global parametric movement. Their smart cover has set new standards for simple, transparent insurance, protecting thousands that can’t get cover anywhere else and winning over 30 industry awards. Founded by catastrophe risk experts Adam Rimmer and Dr Ian Bartholomew, FloodFlash has raised £2.1m in investment to date. FloodFlash is headquartered in London, is a registered coverholder at Lloyd’s of London and is authorised and regulated by the Financial Conduct Authority.
Through Holistic Freight Protection, Loadsure predicts, prevents and protects. We harness real-time data and human-centric tech to enable autonomous risk management, deliver accurately-priced freight insurance and transparent, automated claims.
Nayms is a marketplace for crypto-native insurance, a bridge between alternative capital and uninsured risk in the rapidly evolving digital assets’ space. We provide the technical and legal infrastructure over which stakeholders come together to capitalise and transfer risk on-chain. At Nayms, all insurance, from limits and premiums to claims and reserving, is conducted entirely in a cryptocurrency of choice, whether a general token, such as Ethereum and Bitcoin, or a stablecoin. By matching assets with liabilities, we reduce or eliminate currency risk on blockchain exposures; and by matching demand with much-needed supply, we bolster growth and stability within the blockchain ecosystem. We afford our customers – insurers, insureds, intermediaries, and investors – many other advantages of blockchain technology, including its efficiency, immutability, transparency, and composability. Whitepaper: https://docsend.com/view/2nswpepqqaun96yn
Jumpstart provides consumers a financial jumpstart after a life-changing shock. It's a new product category that pays a fixed sum right away after a pre-defined event. Technically it's insurance, but without hassle, paperwork, or delays. The company also provides parametric earthquake insurance for renters and homeowners in the U.S., in partnership with leading financial institutions. Jumpstart is transforming insurance just as crowdfunding revolutionized investing take something complicated and expensive, make it accessible and simple, and in doing so unlock a market multiply the number of customers by 10x. Starting with the earthquake risk in California, Jumpstart builds financial resilience for individuals and communities.
80% of the world’s catastrophic flood losses aren’t insured. That’s $58bn of uncovered damage, and it’s getting bigger each year because of climate change, population growth and urbanisation. FloodFlash is an insurance technology company that combines computer models, cloud software and internet-of-things sensors into flood cover that protects those the insurance industry has left behind. FloodFlash is the first parametric flood insurance available to the mass market. Each customer chooses a depth of flooding and how much they’d receive when floods reach that depth. When the smart sensor installed at their property detects flood water at the chosen depth, the claim is paid in full. Since the 2019 launch FloodFlash has been at the forefront of the global parametric movement. Their smart cover has set new standards for simple, transparent insurance, protecting thousands that can’t get cover anywhere else and winning over 30 industry awards. Founded by catastrophe risk experts Adam Rimmer and Dr Ian Bartholomew, FloodFlash has raised £2.1m in investment to date. FloodFlash is headquartered in London, is a registered coverholder at Lloyd’s of London and is authorised and regulated by the Financial Conduct Authority.
Insurdata provides insurance and reinsurance underwriters property-specific data to support their pricing, underwriting and portfolio management decisions. The firm specializes in high-resolution, peril-specific exposures and building-level risk data, using technology that includes mobile augmented reality and 3-D model creation, providing both desktop and mobile products.
80% of the world’s catastrophic flood losses aren’t insured. That’s $58bn of uncovered damage, and it’s getting bigger each year because of climate change, population growth and urbanisation. FloodFlash is an insurance technology company that combines computer models, cloud software and internet-of-things sensors into flood cover that protects those the insurance industry has left behind. FloodFlash is the first parametric flood insurance available to the mass market. Each customer chooses a depth of flooding and how much they’d receive when floods reach that depth. When the smart sensor installed at their property detects flood water at the chosen depth, the claim is paid in full. Since the 2019 launch FloodFlash has been at the forefront of the global parametric movement. Their smart cover has set new standards for simple, transparent insurance, protecting thousands that can’t get cover anywhere else and winning over 30 industry awards. Founded by catastrophe risk experts Adam Rimmer and Dr Ian Bartholomew, FloodFlash has raised £2.1m in investment to date. FloodFlash is headquartered in London, is a registered coverholder at Lloyd’s of London and is authorised and regulated by the Financial Conduct Authority.
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