Arqu is a financial services company specializing in insurance technology. It develops software for the insurance industry, focusing on data-driven risk assessment and underwriting efficiency.
Urban Jungle
Venture Round in 2024
Urban Jungle, established in 2016 and headquartered in London, specializes in providing insurance solutions tailored for urban renters and sharers. Its innovative platform offers a comprehensive home insurance policy that covers deposits, shared possessions, and emergency expenses, with features allowing housemates to split bills and update names as needed. This tech-driven approach aims to make home insurance more accessible and affordable for young professionals.
Coterie Insurance
Venture Round in 2024
Coterie Insurance is an InsurTech company that focuses on simplifying commercial insurance for small businesses through an API-based platform. By leveraging data-driven automation, Coterie delivers accurate pricing and streamlines the submission-to-bind process, allowing clients to obtain quick and reliable coverage. The company's innovative technology not only enhances the efficiency of the insurance experience but also alleviates the complexities associated with managing insurance audits. Through its commitment to data-backed underwriting, Coterie aims to remove unwanted risks for businesses, ultimately saving clients time and reducing stress in their insurance management.
Shepherd is an Insurtech company focused on providing technology-driven insurance solutions tailored for the commercial construction sector. The company operates an online insurance platform that utilizes data and advanced technology to assess, anticipate, and price risks associated with construction projects. By streamlining traditional processes, Shepherd enables brokers to automate manual tasks, thereby enhancing efficiency and allowing them to dedicate more time to their clients. This approach not only improves the overall experience for construction professionals but also supports better risk management within the industry.
Resilience Cyber Risk Solution
Series D in 2023
Resilience integrates cybersecurity, cyber insurance, and cyber risk management for middle and large organizations. Founded by experts from the US military and intelligence communities, it offers risk quantification software, cybersecurity expertise, and A+ rated cyber insurance. Backed by leading technology investment firms, Resilience aims to enhance global cyber resilience.
CARTAN TRADE
Venture Round in 2022
Cartan Trade is a credit insurance company that provides a range of insurance services aimed at supporting businesses engaged in lending activities. The company specializes in commercial insurance solutions, which are designed to address risks associated with loans and payment processes. Cartan Trade's offerings include various coverage options, as well as real-time information services that enhance business strategies. By providing these tailored solutions, the company assists businesses in navigating the complexities of credit risk and payment security.
Ledger Investing
Series B in 2022
Founded in 2016, Ledger Investing operates an online marketplace platform that connects investors with insurance carriers. It facilitates transactions involving Insurance-Linked Securities (ILS), providing institutions access to a new asset class uncorrelated with traditional investments.
Urban Jungle
Series A in 2022
Urban Jungle, established in 2016 and headquartered in London, specializes in providing insurance solutions tailored for urban renters and sharers. Its innovative platform offers a comprehensive home insurance policy that covers deposits, shared possessions, and emergency expenses, with features allowing housemates to split bills and update names as needed. This tech-driven approach aims to make home insurance more accessible and affordable for young professionals.
Resilience Cyber Risk Solution
Series C in 2021
Resilience integrates cybersecurity, cyber insurance, and cyber risk management for middle and large organizations. Founded by experts from the US military and intelligence communities, it offers risk quantification software, cybersecurity expertise, and A+ rated cyber insurance. Backed by leading technology investment firms, Resilience aims to enhance global cyber resilience.
Acko is a digital insurance provider that streamlines the underwriting and distribution of various insurance products through its online platform. The company specializes in personalized insurance offerings, leveraging data and analytics to tailor its products to user consumption behaviors. Acko offers a range of bite-sized insurance solutions, primarily targeting drivers and professionals within the transportation sector, while also expanding into healthcare with policies related to employee health benefits and wellness. Its approach aims to simplify the insurance buying experience, making it transparent and efficient for consumers.
Coterie Insurance
Series B in 2021
Coterie Insurance is an InsurTech company that focuses on simplifying commercial insurance for small businesses through an API-based platform. By leveraging data-driven automation, Coterie delivers accurate pricing and streamlines the submission-to-bind process, allowing clients to obtain quick and reliable coverage. The company's innovative technology not only enhances the efficiency of the insurance experience but also alleviates the complexities associated with managing insurance audits. Through its commitment to data-backed underwriting, Coterie aims to remove unwanted risks for businesses, ultimately saving clients time and reducing stress in their insurance management.
RSA Insurance Group
Acquisition in 2021
RSA Insurance Group is a prominent multinational insurance provider with a 300-year history, employing approximately 23,000 people and serving 17 million customers across more than 140 countries. Originally established in London, RSA has expanded its operations to include major markets in the UK, Ireland, Scandinavia, Central and Eastern Europe, Canada, Asia, the Middle East, and Latin America. The company specializes in general insurance, offering a wide range of products that include property and casualty insurance, marine, motor, renewable energy, and construction insurance. In the Middle East, RSA is recognized as a leading provider, catering to both commercial and retail clients with tailored solutions across various sectors, including motor, property, medical, and small to medium enterprises. Despite challenging market conditions, RSA maintains a focus on delivering strong and profitable performance in its insurance offerings.
Coterie Insurance
Series A in 2021
Coterie Insurance is an InsurTech company that focuses on simplifying commercial insurance for small businesses through an API-based platform. By leveraging data-driven automation, Coterie delivers accurate pricing and streamlines the submission-to-bind process, allowing clients to obtain quick and reliable coverage. The company's innovative technology not only enhances the efficiency of the insurance experience but also alleviates the complexities associated with managing insurance audits. Through its commitment to data-backed underwriting, Coterie aims to remove unwanted risks for businesses, ultimately saving clients time and reducing stress in their insurance management.
Acko is a digital insurance provider that streamlines the underwriting and distribution of various insurance products through its online platform. The company specializes in personalized insurance offerings, leveraging data and analytics to tailor its products to user consumption behaviors. Acko offers a range of bite-sized insurance solutions, primarily targeting drivers and professionals within the transportation sector, while also expanding into healthcare with policies related to employee health benefits and wellness. Its approach aims to simplify the insurance buying experience, making it transparent and efficient for consumers.
Frank Cowan Company
Acquisition in 2019
Frank Cowan Company is a leader in providing specialized insurance programs, including risk management and claims services to municipalities, healthcare, education, community, children’s and social service organizations across Canada. Proven industry knowledge, gained through over nine decades of partnering with insurance companies and independent brokers, gives Frank Cowan Company the ability to effectively manage the necessary risk, advisory and claims services for both standard and complex issues.
The Guarantee Company of North America
Acquisition in 2019
The Guarantee Company of North America is a Canadian-owned insurer serving customers in Canada and the United States. The company focuses on specialty lines and surety, comprising about two-thirds of its business, along with personal lines that include high net worth home and auto coverage in Canada. It provides tailored personal insurance, specialty insurance, and risk management tools designed to help businesses and individuals mitigate potential financial losses.
Acko is a digital insurance provider that streamlines the underwriting and distribution of various insurance products through its online platform. The company specializes in personalized insurance offerings, leveraging data and analytics to tailor its products to user consumption behaviors. Acko offers a range of bite-sized insurance solutions, primarily targeting drivers and professionals within the transportation sector, while also expanding into healthcare with policies related to employee health benefits and wellness. Its approach aims to simplify the insurance buying experience, making it transparent and efficient for consumers.
Metromile
Series E in 2018
Metromile is a digital auto insurance platform that uses data science to offer personalized policies based on actual mileage driven, providing real-time insights and potential savings of up to 47% compared to traditional insurance methods. It offers features such as automated claims processing, smart driving analytics via its mobile app, and theft tracking.
Intact Insurance Specialty Solutions
Acquisition in 2017
OneBeacon Insurance Group, Ltd. provides specialty property and casualty insurance products and services through its subsidiaries. The company operates two main segments: Specialty Products and Specialty Industries. The Specialty Products segment offers a diverse range of coverages, including provider excess insurance, multi-line package solutions, various liability insurances, and environmental risk solutions. In contrast, the Specialty Industries segment focuses on property and casualty insurance tailored for specific sectors such as technology, life sciences, telecommunications, and entertainment. This segment also provides accident coverages and identity theft management services. OneBeacon's products are distributed through independent agencies, regional and national brokers, wholesalers, and managing general agencies across the United States. Headquartered in Hamilton, Bermuda, OneBeacon Insurance Group operates as a subsidiary of Intact Financial Corporation as of September 2017.
Metromile
Series D in 2016
Metromile is a digital auto insurance platform that uses data science to offer personalized policies based on actual mileage driven, providing real-time insights and potential savings of up to 47% compared to traditional insurance methods. It offers features such as automated claims processing, smart driving analytics via its mobile app, and theft tracking.
Canadian Direct Insurance
Acquisition in 2015
Canadian Direct Insurance Incorporated is a property and casualty insurance company based in Vancouver, Canada, with an additional office in Edmonton. Founded in 1996, it specializes in providing personal insurance solutions to customers in British Columbia and Alberta. The company offers a variety of products, including auto insurance, home insurance (covering tenants, condos, and homeowners), and travel medical insurance. Canadian Direct Insurance operates a pioneering over-the-phone distribution model, which allows for direct sales, service, and claims handling, enabling the company to offer competitive pricing and significant cost savings to its customers. The company is committed to delivering quality customer service and timely claims responses. In 2015, it became a subsidiary of Intact Financial Corporation and integrated its operations in Alberta with the belairdirect brand, while continuing to maintain the Canadian Direct brand for direct customer offerings.
JEVCO Insurance Company
Acquisition in 2012
JEVCO specializes in providing tailored insurance solutions for individuals and businesses in Canada. They focus on non-standard automobile categories, offering personalized pricing for private passenger vehicles, as well as coverage for personal and commercial motorcycles and property.
AXA Canada
Acquisition in 2011
AXA Canada is a prominent provider of insurance products and services, catering to both individuals and businesses. The company offers a comprehensive range of insurance solutions, including home, auto, and life insurance, as well as health insurance options such as critical illness and disability coverage. With a workforce of approximately 2,300 employees, AXA Canada operates through a network of 1,300 brokerages and 2,700 independent insurance advisors. In 2010, the company reported direct premiums written of $2.0 billion, positioning it as the sixth largest property and casualty insurer in Canada. Over the past five years, AXA Canada has consistently achieved annual growth exceeding 7%, outpacing industry trends with an average combined ratio of 92.2%. This performance reflects its commitment to providing clients with a wide range of insurance products at competitive premium rates.