Insurtech Gateway is a venture capital firm established in 2016, located in England. It specializes in supporting early-stage founders in the insurance sector by providing essential resources such as underwriting paper, investment capital, and expert guidance on startup development. The firm acts as a collaborative hub, enabling insurers, technology partners, and insurtech startups to connect and innovate in a supportive environment. Insurtech Gateway not only assists in the initial stages of business creation but also continues to provide support to its portfolio companies as they progress beyond incubation and into Series A funding and beyond. The firm is particularly interested in partnering with founders who have innovative ideas and with progressive (re)insurers seeking collaborative opportunities.
Klaimy is an AI as a Service (AIaaS) platform that transforms the traditional claims management process in the insurance industry. It automates claims document processing using technologies like Optical Character Recognition (OCR), Artificial Intelligence (AI), and Large Language Models (LLM). This automation enhances efficiency, accelerates decision-making, and enables employees to quickly access necessary information. Klaimy's innovative approach includes the use of semantic folding and vector-based search technologies to streamline operations and improve user experience.
Renew Risk
Venture Round in 2025
Renew Risk is a software development firm specializing in B2B SaaS solutions focused on optimizing the financial lifecycle of renewable energy assets, particularly offshore wind farms. The company develops risk modeling and analytics software that enhances financing and insurance processes for new renewable energy projects. Its offerings include proprietary models for assessing risks from hurricanes and earthquakes specific to offshore wind farms, along with large-scale simulations utilizing cloud-based machine learning. This technology assists large insurers, reinsurers, and insurance brokers in minimizing insurance losses, increasing insurance capacity, and improving cost efficiency for potential offshore wind farm sites.
Rainwalk
Seed Round in 2024
Rainwalk specializes in pet insurance, offering coverage for accidents, illnesses, and routine vaccinations. As a managing general agent (MGA) in partnership with Allianz, Rainwalk provides a turn-key, white-labeled pet insurance product that enables insurers to enhance customer retention without the need to develop their own pet insurance programs. Founded by experienced insurance professionals, the company leverages a proprietary policy and claims management technology to streamline the entire insurance lifecycle. This collaboration with Allianz allows Rainwalk to combine its technological expertise with established insurance knowledge, ensuring a seamless user experience. In the long term, Rainwalk aims to utilize its distribution channels and partnership with Allianz to identify and scale other emerging insurance products in the U.S. market.
Asterias
Pre Seed Round in 2024
Asterias is a software technology company that specializes in insurance software aimed at systemizing and digitizing loss data at its source. The company's solutions facilitate the flow of information from a single entry point, benefiting various stakeholders, including policyholders, insurers, brokers, adjusters, and lawyers. By streamlining the loss reporting process and ensuring secure access to data for all owners, Asterias enables clients to eliminate disorganized data, enhancing the overall efficiency and accuracy of loss management.
Yurtle
Seed Round in 2024
Yurtle is an insurance technologies company based in London, United Kingdom, founded in 2021. It specializes in providing employee group insurance protection through an insurance-sponsored care management platform. Yurtle offers tailored insurance packages to employers, ensuring that their workers receive financial support in the event of illness or accident. The company also facilitates a caregiver exchange, allowing employees to share experiences and information, which helps them address concerns and make informed decisions. This service enables employees to access daily allowances or lump sum payments during emergencies, enhancing their financial security and peace of mind.
Juniper
Pre Seed Round in 2024
Juniper is a reproductive healthcare insurance provider.
Renew Risk
Seed Round in 2023
Renew Risk is a software development firm specializing in B2B SaaS solutions focused on optimizing the financial lifecycle of renewable energy assets, particularly offshore wind farms. The company develops risk modeling and analytics software that enhances financing and insurance processes for new renewable energy projects. Its offerings include proprietary models for assessing risks from hurricanes and earthquakes specific to offshore wind farms, along with large-scale simulations utilizing cloud-based machine learning. This technology assists large insurers, reinsurers, and insurance brokers in minimizing insurance losses, increasing insurance capacity, and improving cost efficiency for potential offshore wind farm sites.
Koala
Venture Round in 2023
Koala is a French insurtech company focused on revolutionizing travel insurance by offering a streamlined and customer-centric approach to flight disruption coverage. By automating all operations, Koala provides instant compensation to travelers in the event of delayed or canceled flights, as well as issues related to baggage delivery. The company monitors clients' journeys to ensure timely assistance, eliminating the challenges commonly associated with traditional travel insurance, such as hidden fees and lengthy claims processes. Koala aims to enhance the travel experience by ensuring that travelers can travel with confidence, knowing they will receive prompt support when needed.
Kita
Seed Round in 2023
Kita is an insurance company based in London, established in 2021, with a mission to support the transition to a decarbonized world. Recognizing the challenges posed by the climate crisis, Kita aims to address the lack of insurance for carbon offsets within the voluntary carbon markets, which has hindered the development and scalability of effective carbon sequestration solutions. By offering parametric insurance products, Kita seeks to guarantee the quality and delivery of carbon offsets and negative emission technologies, thereby mitigating risk for both buyers and sellers in carbon transactions. This innovative approach aims to foster confidence and investment in high-quality carbon solutions, ultimately accelerating efforts to combat climate change. As Kita progresses toward becoming a fully operational insurance provider, it remains open to engaging with potential clients and partners interested in advancing carbon insurance solutions.
Bondaval
Series A in 2022
Bondaval is a digital platform based in London that focuses on B2B credit security, aiming to transform traditional collateral-based instruments and trade credit insurance. Founded in 2020, Bondaval provides a more secure, capital-efficient, and cost-effective alternative to conventional methods such as bank guarantees. The platform allows for real-time issuance, amendment, renewal, and claims processing, enhancing the accessibility of credit security for businesses. By offering features like live risk monitoring, alerts, and streamlined claims handling, Bondaval enables companies to optimize their working capital and save time, ultimately supporting their growth by democratizing access to innovative credit solutions.
Ehab
Seed Round in 2022
EHAB operates a weather risk management platform tailored for the construction industry, aiming to enhance the weather resilience of its users. By leveraging advanced analytics and machine learning, the platform provides data-driven insights that assist contractors, clients, and consultants in minimizing downtime, maximizing resource utilization, and reducing weather-related risks. The integration of hyper-local data and advanced modeling enables users to make informed decisions, improve project planning, and manage extreme weather events effectively. EHAB's comprehensive approach helps construction innovators win more bids and better navigate the challenges posed by climate change, ultimately improving margins and operational efficiency.
ChAI
Seed Round in 2022
ChAI Limited is a London-based company that specializes in artificial intelligence products and services tailored for the commodities sector. By leveraging the expertise of academics, commodity specialists, and AI technologists, ChAI has developed advanced systems capable of processing vast amounts of data from numerous sources in real-time. This enables the company to provide unbiased and precise insights and price predictions for various commodities, serving both corporate clients and financial institutions.
Kita
Pre Seed Round in 2022
Kita is an insurance company based in London, established in 2021, with a mission to support the transition to a decarbonized world. Recognizing the challenges posed by the climate crisis, Kita aims to address the lack of insurance for carbon offsets within the voluntary carbon markets, which has hindered the development and scalability of effective carbon sequestration solutions. By offering parametric insurance products, Kita seeks to guarantee the quality and delivery of carbon offsets and negative emission technologies, thereby mitigating risk for both buyers and sellers in carbon transactions. This innovative approach aims to foster confidence and investment in high-quality carbon solutions, ultimately accelerating efforts to combat climate change. As Kita progresses toward becoming a fully operational insurance provider, it remains open to engaging with potential clients and partners interested in advancing carbon insurance solutions.
Bluezone Insurance
Seed Round in 2022
Bluezone Insurance is an insurtech company focused on transforming life insurance for individuals with chronic illnesses. The agency provides tailored life insurance coverage specifically for conditions such as type two diabetes and heart diseases, utilizing a straightforward online signup process that allows for same-day coverage. In addition to insurance products, Bluezone offers a behavioral platform designed to assist patients in enhancing their health through manageable lifestyle changes, including dietary adjustments. By addressing the unique needs of patients with chronic diseases, Bluezone Insurance aims to improve their overall quality of life while ensuring they have access to necessary coverage.
Gretel
Pre Seed Round in 2022
Gretel is a fintech company that specializes in helping financial organizations reconnect their customers with lost or forgotten financial products, including insurance policies, bank accounts, pensions, and savings. The company focuses on enhancing accessibility within the financial services industry, particularly for vulnerable customers. By employing automated monitoring systems, Gretel enables financial institutions to quickly identify and reach out to dormant customers, addressing the underlying issues that lead to disconnection. This innovative approach not only facilitates the recovery of lost assets but also fosters stronger relationships between financial entities and their clients.
Loadsure
Series A in 2022
Loadsure operates an insurance platform focused on providing spot freight cargo insurance. The company utilizes cloud-based technology to streamline the entire freight process, including onboarding, risk assessment, underwriting, policy management, payments, and digital claims handling. This comprehensive approach allows brokers, shippers, and carriers to reduce insurance costs per load while significantly speeding up claims settlements from days to hours. By leveraging real-time data and user-friendly technology, Loadsure aims to enhance risk management and deliver transparent, accurately-priced freight insurance.
FloodFlash
Series A in 2022
FloodFlash is an insurance technology company that addresses the significant gap in flood coverage, as 80% of the world's catastrophic flood losses remain uninsured. Founded by catastrophe risk experts Adam Rimmer and Dr. Ian Bartholomew, the company offers the first parametric flood insurance for the mass market, allowing customers to select a specific flood depth and corresponding payout amount. When a smart sensor installed at the property detects water at the chosen depth, the claim is automatically settled, ensuring instant payment without the usual complexities of traditional insurance. Since its launch in 2019, FloodFlash has gained recognition for its straightforward and transparent approach to flood insurance, winning over 30 industry awards and protecting thousands of customers who are often overlooked by conventional insurers. Headquartered in London, FloodFlash operates as a registered coverholder at Lloyd’s of London and is authorized by the Financial Conduct Authority, having raised £2.1 million in investment to date.
IBISA
Seed Round in 2021
IBISA is an index-based insurance marketplace founded in 2018 and based in Luxembourg. The company leverages blockchain technology and satellite earth observation data to offer innovative risk modeling services. Its platform focuses on providing affordable crop protection solutions for smallholder farmers through a mutual risk-sharing approach. This model enables quick assessment and payment processes, ensuring that farmers receive timely support in times of need. By combining advanced technology with a commitment to inclusivity, IBISA aims to enhance the financial resilience of agricultural communities.
Bondaval
Seed Round in 2021
Bondaval is a digital platform based in London that focuses on B2B credit security, aiming to transform traditional collateral-based instruments and trade credit insurance. Founded in 2020, Bondaval provides a more secure, capital-efficient, and cost-effective alternative to conventional methods such as bank guarantees. The platform allows for real-time issuance, amendment, renewal, and claims processing, enhancing the accessibility of credit security for businesses. By offering features like live risk monitoring, alerts, and streamlined claims handling, Bondaval enables companies to optimize their working capital and save time, ultimately supporting their growth by democratizing access to innovative credit solutions.
ONSI
Series A in 2021
Onsi is a developer of an insurance and benefits platform that aims to enhance employee engagement and loyalty through a range of meaningful rewards and protections. The platform allows businesses to create programs that deliver various benefits to workers, including sick pay, family leave, financial guidance, and mental health support. By utilizing tiering and gamification strategies, Onsi helps companies achieve desired outcomes while providing employees with valuable resources to improve their financial well-being. This comprehensive approach not only supports workers but also aids businesses in reducing employee turnover and minimizing talent acquisition costs.
Coincover
Series A in 2021
Coincover is a provider of insurance-backed technology aimed at safeguarding digital assets, particularly cryptocurrencies. The company offers a range of services designed to protect end-users against the loss or theft of their crypto holdings due to hacks, human error, or fraudulent transactions. Key features include Cryptocurrency Theft cover, which shields users from phishing, hacking, and criminal extortion, ensuring that if theft occurs, the full value of the assets is recovered without any deductible. Additionally, Coincover provides a Deposit Protection Guarantee that secures user access to their cryptocurrency, even in cases of password loss, device failure, or business insolvency. The company also employs a Transaction Checker that monitors transactions in real-time to identify and flag suspicious activities, further enhancing the security of users' digital assets. Overall, Coincover aims to deliver peace of mind to its customers by ensuring that their digital currencies are both safe and accessible.
Bondaval
Pre Seed Round in 2021
Bondaval is a digital platform based in London that focuses on B2B credit security, aiming to transform traditional collateral-based instruments and trade credit insurance. Founded in 2020, Bondaval provides a more secure, capital-efficient, and cost-effective alternative to conventional methods such as bank guarantees. The platform allows for real-time issuance, amendment, renewal, and claims processing, enhancing the accessibility of credit security for businesses. By offering features like live risk monitoring, alerts, and streamlined claims handling, Bondaval enables companies to optimize their working capital and save time, ultimately supporting their growth by democratizing access to innovative credit solutions.
KOBA Insurance
Angel Round in 2020
KOBA Insurance is a provider of kilometer-based motor insurance services aimed at offering a more equitable alternative to traditional insurance methods. The company focuses on low-usage drivers, allowing them to pay only for the kilometers they actually drive. By utilizing connected car data, KOBA measures the actual distance traveled, enabling a pay-per-kilometer insurance policy that is both transparent and fair. Customers can connect their vehicles through a driving application, onboard device, or smartphone, thus simplifying the insurance process. Launched in October 2021, KOBA Insurance seeks to help over 10 million Australian drivers reduce their annual premiums by ensuring they are charged only for their actual usage.
Coincover
Seed Round in 2020
Coincover is a provider of insurance-backed technology aimed at safeguarding digital assets, particularly cryptocurrencies. The company offers a range of services designed to protect end-users against the loss or theft of their crypto holdings due to hacks, human error, or fraudulent transactions. Key features include Cryptocurrency Theft cover, which shields users from phishing, hacking, and criminal extortion, ensuring that if theft occurs, the full value of the assets is recovered without any deductible. Additionally, Coincover provides a Deposit Protection Guarantee that secures user access to their cryptocurrency, even in cases of password loss, device failure, or business insolvency. The company also employs a Transaction Checker that monitors transactions in real-time to identify and flag suspicious activities, further enhancing the security of users' digital assets. Overall, Coincover aims to deliver peace of mind to its customers by ensuring that their digital currencies are both safe and accessible.
Koala
Seed Round in 2020
Koala is a French insurtech company focused on revolutionizing travel insurance by offering a streamlined and customer-centric approach to flight disruption coverage. By automating all operations, Koala provides instant compensation to travelers in the event of delayed or canceled flights, as well as issues related to baggage delivery. The company monitors clients' journeys to ensure timely assistance, eliminating the challenges commonly associated with traditional travel insurance, such as hidden fees and lengthy claims processes. Koala aims to enhance the travel experience by ensuring that travelers can travel with confidence, knowing they will receive prompt support when needed.
By Miles
Series B in 2020
By Miles Limited, established in 2015 and headquartered in Bootle, United Kingdom, specializes in pay-per-mile car insurance tailored for low mileage drivers. The company offers a smartphone application that tracks vehicle usage and charges customers based on the exact distance driven. This innovative model combines a fixed monthly subscription with additional charges per mile, allowing drivers to save on insurance costs by only paying for the miles they actually drive. The app provides users with visibility into their journeys and includes features designed to simplify their driving experience. By Miles aims to provide a fairer and more flexible approach to car insurance, catering specifically to the needs of low mileage users.
Ehab
Seed Round in 2020
EHAB operates a weather risk management platform tailored for the construction industry, aiming to enhance the weather resilience of its users. By leveraging advanced analytics and machine learning, the platform provides data-driven insights that assist contractors, clients, and consultants in minimizing downtime, maximizing resource utilization, and reducing weather-related risks. The integration of hyper-local data and advanced modeling enables users to make informed decisions, improve project planning, and manage extreme weather events effectively. EHAB's comprehensive approach helps construction innovators win more bids and better navigate the challenges posed by climate change, ultimately improving margins and operational efficiency.
Honcho
Venture Round in 2020
Honcho is an innovative insurance platform that transforms the process of purchasing car and van insurance by allowing insurers to bid for customers' business. This model promotes transparency and competition among insurers, ensuring consumers can find the most suitable coverage at competitive prices. By leveraging unique technology, Honcho simplifies the insurance-buying experience, enabling users to quickly compare and obtain the insurance products that best meet their needs. The company is authorized and regulated by the Financial Conduct Authority, which underscores its commitment to operating within industry standards.
Loadsure
Seed Round in 2020
Loadsure operates an insurance platform focused on providing spot freight cargo insurance. The company utilizes cloud-based technology to streamline the entire freight process, including onboarding, risk assessment, underwriting, policy management, payments, and digital claims handling. This comprehensive approach allows brokers, shippers, and carriers to reduce insurance costs per load while significantly speeding up claims settlements from days to hours. By leveraging real-time data and user-friendly technology, Loadsure aims to enhance risk management and deliver transparent, accurately-priced freight insurance.
ONSI
Seed Round in 2020
Onsi is a developer of an insurance and benefits platform that aims to enhance employee engagement and loyalty through a range of meaningful rewards and protections. The platform allows businesses to create programs that deliver various benefits to workers, including sick pay, family leave, financial guidance, and mental health support. By utilizing tiering and gamification strategies, Onsi helps companies achieve desired outcomes while providing employees with valuable resources to improve their financial well-being. This comprehensive approach not only supports workers but also aids businesses in reducing employee turnover and minimizing talent acquisition costs.
Humn.ai
Seed Round in 2020
Humn.ai Ltd, founded in 2017 and based in London, specializes in artificial intelligence-driven insurance consulting services tailored for fleet operators. The company utilizes machine learning to enhance traditional insurance models, offering data-driven solutions to address real-world fleet management challenges. Humn.ai's platform integrates multiple data streams to develop precise risk models that adapt in real time, allowing for dynamic pricing of insurance premiums based on each completed trip. By providing clients with live data, contextual scoring, and proprietary geospatial exposure mapping, Humn.ai delivers insights that accurately assess the risk of loss for individual trips, thereby transforming the landscape of fleet insurance.
Nayms
Pre Seed Round in 2019
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
Humn.ai
Seed Round in 2019
Humn.ai Ltd, founded in 2017 and based in London, specializes in artificial intelligence-driven insurance consulting services tailored for fleet operators. The company utilizes machine learning to enhance traditional insurance models, offering data-driven solutions to address real-world fleet management challenges. Humn.ai's platform integrates multiple data streams to develop precise risk models that adapt in real time, allowing for dynamic pricing of insurance premiums based on each completed trip. By providing clients with live data, contextual scoring, and proprietary geospatial exposure mapping, Humn.ai delivers insights that accurately assess the risk of loss for individual trips, thereby transforming the landscape of fleet insurance.
By Miles
Series A in 2019
By Miles Limited, established in 2015 and headquartered in Bootle, United Kingdom, specializes in pay-per-mile car insurance tailored for low mileage drivers. The company offers a smartphone application that tracks vehicle usage and charges customers based on the exact distance driven. This innovative model combines a fixed monthly subscription with additional charges per mile, allowing drivers to save on insurance costs by only paying for the miles they actually drive. The app provides users with visibility into their journeys and includes features designed to simplify their driving experience. By Miles aims to provide a fairer and more flexible approach to car insurance, catering specifically to the needs of low mileage users.
GUARDHOG
Seed Round in 2019
Guardhog is an on-demand insurance solution tailored for the Sharing Economy, specifically designed to address the unique needs of platforms and their users. Recognizing that traditional insurance models do not adequately serve this dynamic market, Guardhog aims to transform how insurance is distributed, discovered, and utilized. Their platform offers usage-based insurance options that cater to both private hosts and businesses in the accommodation sector, providing flexible and cost-effective coverage that meets individual and business requirements. With a strong focus on innovation and a sense of urgency, Guardhog is dedicated to filling the existing gaps in insurance for the peer-to-peer economy, ensuring that clients can effectively protect their properties while engaging in sharing activities.
Coincover
Seed Round in 2018
Coincover is a provider of insurance-backed technology aimed at safeguarding digital assets, particularly cryptocurrencies. The company offers a range of services designed to protect end-users against the loss or theft of their crypto holdings due to hacks, human error, or fraudulent transactions. Key features include Cryptocurrency Theft cover, which shields users from phishing, hacking, and criminal extortion, ensuring that if theft occurs, the full value of the assets is recovered without any deductible. Additionally, Coincover provides a Deposit Protection Guarantee that secures user access to their cryptocurrency, even in cases of password loss, device failure, or business insolvency. The company also employs a Transaction Checker that monitors transactions in real-time to identify and flag suspicious activities, further enhancing the security of users' digital assets. Overall, Coincover aims to deliver peace of mind to its customers by ensuring that their digital currencies are both safe and accessible.
Jumpstart
Seed Round in 2018
Jumpstart Insurance Solutions, Inc., based in Oakland, California, offers innovative property casualty insurance brokerage services, focusing on providing financial support to consumers following life-altering events. Established in 2015, Jumpstart introduces a new insurance product that delivers a fixed sum promptly after a predefined incident, eliminating the usual complications associated with traditional insurance claims. The company also specializes in parametric earthquake insurance for renters and homeowners across the U.S., collaborating with prominent financial institutions to enhance accessibility. By simplifying insurance processes and making them more user-friendly, Jumpstart aims to significantly increase its customer base while fostering financial resilience within communities, particularly in California, where earthquake risks are prevalent.
FloodFlash
Seed Round in 2018
FloodFlash is an insurance technology company that addresses the significant gap in flood coverage, as 80% of the world's catastrophic flood losses remain uninsured. Founded by catastrophe risk experts Adam Rimmer and Dr. Ian Bartholomew, the company offers the first parametric flood insurance for the mass market, allowing customers to select a specific flood depth and corresponding payout amount. When a smart sensor installed at the property detects water at the chosen depth, the claim is automatically settled, ensuring instant payment without the usual complexities of traditional insurance. Since its launch in 2019, FloodFlash has gained recognition for its straightforward and transparent approach to flood insurance, winning over 30 industry awards and protecting thousands of customers who are often overlooked by conventional insurers. Headquartered in London, FloodFlash operates as a registered coverholder at Lloyd’s of London and is authorized by the Financial Conduct Authority, having raised £2.1 million in investment to date.
InMyBag
Equity Crowdfunding in 2018
InMyBag Ltd specializes in data recovery services designed to safeguard devices and data from loss, theft, and damage. The company employs machine learning technology to provide enterprise-grade data recovery solutions and mobile device replacement services, particularly aimed at freelancers and mobile professionals. As an Appointed Representative of Let Insurance Services Ltd, InMyBag operates under the regulatory oversight of the Financial Conduct Authority in the UK, ensuring compliance and consumer protection. The registered office of Let Insurance Services Ltd is located in Peterborough, England.
Humn.ai
Pre Seed Round in 2018
Humn.ai Ltd, founded in 2017 and based in London, specializes in artificial intelligence-driven insurance consulting services tailored for fleet operators. The company utilizes machine learning to enhance traditional insurance models, offering data-driven solutions to address real-world fleet management challenges. Humn.ai's platform integrates multiple data streams to develop precise risk models that adapt in real time, allowing for dynamic pricing of insurance premiums based on each completed trip. By providing clients with live data, contextual scoring, and proprietary geospatial exposure mapping, Humn.ai delivers insights that accurately assess the risk of loss for individual trips, thereby transforming the landscape of fleet insurance.
Insurdata
Seed Round in 2017
Insurdata Corporation, established in 2017 and based in Broomfield, Colorado, offers innovative desktop and mobile solutions tailored for property-specific data. The company serves insurance and reinsurance underwriters by providing high-resolution, peril-specific exposure and building-level risk data. Utilizing advanced technology such as mobile augmented reality and 3-D model creation, Insurdata enhances the risk assessment process through its platform, which captures and scores risk data globally. This enables clients to make informed decisions related to pricing, underwriting, and portfolio management by prioritizing peril-specific exposure data that may affect their existing portfolios and risk appetites.
By Miles
Seed Round in 2017
By Miles Limited, established in 2015 and headquartered in Bootle, United Kingdom, specializes in pay-per-mile car insurance tailored for low mileage drivers. The company offers a smartphone application that tracks vehicle usage and charges customers based on the exact distance driven. This innovative model combines a fixed monthly subscription with additional charges per mile, allowing drivers to save on insurance costs by only paying for the miles they actually drive. The app provides users with visibility into their journeys and includes features designed to simplify their driving experience. By Miles aims to provide a fairer and more flexible approach to car insurance, catering specifically to the needs of low mileage users.
FloodFlash
Seed Round in 2017
FloodFlash is an insurance technology company that addresses the significant gap in flood coverage, as 80% of the world's catastrophic flood losses remain uninsured. Founded by catastrophe risk experts Adam Rimmer and Dr. Ian Bartholomew, the company offers the first parametric flood insurance for the mass market, allowing customers to select a specific flood depth and corresponding payout amount. When a smart sensor installed at the property detects water at the chosen depth, the claim is automatically settled, ensuring instant payment without the usual complexities of traditional insurance. Since its launch in 2019, FloodFlash has gained recognition for its straightforward and transparent approach to flood insurance, winning over 30 industry awards and protecting thousands of customers who are often overlooked by conventional insurers. Headquartered in London, FloodFlash operates as a registered coverholder at Lloyd’s of London and is authorized by the Financial Conduct Authority, having raised £2.1 million in investment to date.
InMyBag
Seed Round in 2017
InMyBag Ltd specializes in data recovery services designed to safeguard devices and data from loss, theft, and damage. The company employs machine learning technology to provide enterprise-grade data recovery solutions and mobile device replacement services, particularly aimed at freelancers and mobile professionals. As an Appointed Representative of Let Insurance Services Ltd, InMyBag operates under the regulatory oversight of the Financial Conduct Authority in the UK, ensuring compliance and consumer protection. The registered office of Let Insurance Services Ltd is located in Peterborough, England.
InMyBag
Seed Round in 2016
InMyBag Ltd specializes in data recovery services designed to safeguard devices and data from loss, theft, and damage. The company employs machine learning technology to provide enterprise-grade data recovery solutions and mobile device replacement services, particularly aimed at freelancers and mobile professionals. As an Appointed Representative of Let Insurance Services Ltd, InMyBag operates under the regulatory oversight of the Financial Conduct Authority in the UK, ensuring compliance and consumer protection. The registered office of Let Insurance Services Ltd is located in Peterborough, England.
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