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InsurX
Digital exchange for the London insurance market
- 1-20 employees
- B2B
- Insurance
- City of London, London, UK
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Company mission
To make insurance more accessible, affordable, and efficient for all people, regardless of location or background
Our take
InsurX builds insurance technology that enables brokers and carriers to trade risk instantly. Their first product, the InsurX Exchange, launched in early 2023, and enables the London insurance marketplace to trade smart-follow capacity faster, better, and at a lower cost via the use of InsurX’s algorithmic risk matching technology.
The platform also enables algorithmic portfolio underwriting for Lloyd’s insurers and provides rich data insights to market participants.
The company was incubated as part of Lloyd's of London's internal accelerator, Lloyd's Lab, and recently won global law firm Norton Rose Fulbright’s prestigious annual ‘Insurathon’, gaining £25k of investment plus the same in legal services
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- 25 days holiday
- Share Option Scheme
- Bonus
- Healthcare
- Yearly L&D budget
Funding (2 rounds)
Jan 2023
$1m
SEED
Apr 2022
$0.3m
SEED
Total funding: $1.3m
Leadership
Gilbert Harrap
(CEO)Previously Head of Strategy at MS Amlin, with an MBA from INSEAD
Will Iles
(Head of Data and Technology)Formerly Head Of Analytics and Data Science at MS Amlin
Diversity, Equity & Inclusion at InsurX
- At InsurX, we’re building a new type of insurance company: one built on a truly diverse set of top talent from all backgrounds and experiences which we firmly believe is the route to success. To date, we’ve recruited people with a wide range of skill sets from various industries and backgrounds, all united by a passion to build something new, different and special, to make the London insurance market work faster, better and cheaper
- We welcome applications from anyone interested in working with us, no matter your age, race, sexual orientation, religious beliefs, physical ability, or socio-economic background